10/24/2012 | Press release

NYSE Technologies Expands FIX Capabilities with Appia Business Centre

distributed by noodls on 10/24/2012 10:37

Print Print

Sharing and Personal Tools

NYSE Technologies Expands FIX Capabilities with Appia Business Centre

- New tool allows business users to develop, manage, configure, and monitor FIX connectivity
- Leading broker-dealer in Chile, LarrainVial, benefits from improved efficiencies, reduced cost, and time to market

"Our products have evolved throughout the years based on the demanding needs of our clients and as FIX has moved from technology departments to the front lines, we developed powerful tools that allow business users to configure their FIX infrastructure and apply new rules without coding," Jim Timmins, Co-Head of Enterprise Software, NYSE Technologies. "Appia Business Centre saves clients years of development work while reducing cost, complexities in managing vendor relationships, and time to market."

"We intend to use Appia FIX engine's as the main electronic trading entry point into the Mercado Integrado Latino Americano (MILA)1, with direct market access to Chile, Colombia and Peru," Claudio Larrain, Managing Director, LarrainVial. "As we continue to leverage the growth in the region, we will rely on Appia Business Centre's powerful risk management and FIX monitoring functionality to manage electronic trading activity into the region and from the region into the US markets. Appia Business Center, alongside SuperFeed2 and a direct connection to NYSE Technologies Secure Financial Transaction Infrastructure (SFTI)3, is yet another example of the growing synergies between MILA and NYSE Technologies products. "

About NYSE Technologies

A division of NYSE Euronext (NYX), NYSE Technologies provides broadly accessible, comprehensive connectivity and transaction capabilities, data and infrastructure services, and managed solutions for a range of customers requiring next-generation performance and expertise for mission critical and value-added trading services. NYSE Technologies offers a diverse array of products, services and solutions to: the Buy Side, including order routing, liquidity discovery and access to a community of over 630 Broker-Dealers and execution destinations globally; the Sell Side, including high performance, end-to-end messaging software and innovative market data products delivered on the world's largest, most reliable financial transaction network; and Market Venues and Exchanges, including multi-asset exchange platform services, managed services and expert consultancy. With offices across the U.S., Europe, and Asia, NYSE Technologies offers advanced integrated solutions for the global capital markets community, earning the ability to power trading operations for many of the world's best financial institutions and exchanges. For additional information visit: nyse.com/technologies.

Disclaimer and Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext's 2011 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.

1 Mercado Integrado Latino Americano (MILA) - The cross-trading platform that links the exchanges of Peru, Chile and Colombia.
2 Superfeed - SuperFeed provides customers with broad access to data from over 100 major US, European and Asian markets in a single normalized format. This hosted data vendor service combines the simplicity and cost efficiency of a consolidated feed with the high performance capabilities of a direct feed.
3 The Secure Financial Transaction Infrastructure (SFTI) - SFTI is a highly resilient, ultra low-latency communications backbone created for the financial industry in 2002 with connectivity to global exchanges, market centers, service providers and over 1,600 market participants.

Back

View original format