19 October 2017
visit www.response.ncr.com

Nyse Technologies adds Knight Capital Group as SFTI destination

21 May 2010  |  3683 views  |  0 Source: Nyse Technologies

Nyse Technologies, the commercial technology unit of Nyse Euronext, today announced that it has established Knight Capital Group as a destination on the Secure Financial Transaction Infrastructure (SFTI) network.

As one of the industry's fastest, most resilient electronic message transmission networks, SFTI provides customers with superior reliability and access to the financial markets and market participants through a single point of access. SFTI customers can now access Knight's electronic trading products and services from the same connections they currently use to access NYSE Euronext markets, other exchanges and brokers.

"Knight provides a valuable new destination and resource for our customers and we're proud to include them on the SFTI network," said Ken Barnes, Vice President, NYSE Technologies. "With each exchange and broker dealer destination we add to SFTI and our FIX Marketplace, we're building a platform that offers a combination of speed and reach coupled with a unique capital markets focus seldom found in the industry. Customers are increasingly turning to SFTI to satisfy their connectivity requirements across the capital markets through SFTI's 10Gb ports, which simplify manageability and reduce latency."

Knight is a leading source of U.S. equity liquidity by share volume in Listed, NASDAQ, Bulletin Board and ETF securities among securities firms, according to AutEx, and has growing volume in foreign exchange, fixed income, futures and options. The SFTI network now includes Knight's electronic market-making, Knight Link access to equity liquidity, Knight Direct multi-asset class EMS and agency-only algorithms, the Knight Match dark pool, the HotSpot FX ECN and Knight BondPoint's fixed income ECN.

"Knight is pleased to open our products to the wide breadth of NYSE Technologies clients over the reliable and resilient SFTI network," said Meaghan Mullins, Managing Director, Knight. "We are committed to providing as many points as possible for market participants to access Knight's liquidity, and our establishment as a destination on the SFTI network furthers our goal."

NYSE Technologies' SFTI network is the highly resilient, ultt, ultra low-latency communications backbone created for the financial industry in 2002. It provides connectivity to multiple exchanges, market centers and content service providers, including all of the National Market System venues in the U.S. SFTI also connects to over 1,300 market participants and offers third-party technology products through its unique hosted solutions platform. Designed to be the industry's most secure and resilient network, SFTI is specifically built for electronic trading and market data traffic thus enabling firms to reduce their time-to-market, improve their performance and significantly lower the cost of their trading infrastructure.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.innotribe.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15769 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8932 views comments | 16 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8019 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7123 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6275 views comments | 6 tweets | 3 linkedin

Featured job

Find your next job