Nov. 9, 2009 – NYSE Technologies, the commercial technology unit of NYSE Euronext (NYX) and a world leader in trading technology and low-latency market data solutions, is actively expanding its SuperFeed™ product suite to Asian markets. SuperFeed™ is NYSE Technologies’ fully managed and hosted data ticker plant, with microsecond latency and coverage of major markets in North America, Europe, and now Asia. SuperFeed™ Asia currently provides access to the Hong Kong Stock Exchange’s Price Reporting System (PRS) derivatives feed and Market Data Feed (MDF) cash feed via its Hong Kong data centre, with plans to expand to other major Asia-Pacific markets in 2010.
“SuperFeed™ is one of our most comprehensive and flexible market data products globally, delivering microsecond latency over high performance middleware,” said Peter Tierney, Managing Director, Asia-Pacific, NYSE Technologies. “The addition of major Asia markets complements existing offerings in US and Europe, and allows sophisticated international traders to receive data from all the key global markets through a normalized and managed feed.”
"We're pleased to see the expansion of NYSE Technologies’ SuperFeed™ product into Asia, a region becoming increasingly attractive to our high frequency trading clients," said Nigel Kneafsey, CEO at Options IT, a leading provider of high-performance technology infrastructure as a service and ultra-low latency market connectivity for hedge funds, proprietary trading shops and brokerages. "Our clients leveraging SuperFeed™ in the U.S. and Europe will surely see value in leveraging the same application in Asia."
NYSE Technologies’ customers can obtain direct connectivity to the SuperFeed™ Asia service from the Options IT facilities in Hong Kong. The service is already live with a large global trading firm and under evaluation by several others.
About NYSE Technologies
A division of NYSE Euronext (NYX), NYSE Technologies is a leader in providing innovative software, market data products and data management applications, connectivity solutions, exchange technology, and transaction solutions for trading firms, vendors and financial markets around the world. NYSE Technologies offers one of the most comprehensive suites of high quality commercial technology products that includes advanced messaging platforms, co-location services, ultra-low latency order routing and a one-of-a-kind hosted network community, all designed to enable the free flow of liquidity for the global marketplace. This division operates four units: the Global Connectivity unit, offering one of the world's largest, most reliable financial transaction networks connecting firms and exchanges worldwide; the Trading Solutions unit, which creates and implements high performance, end-to-end messaging software and real-time market data distribution and integration products; the Exchange Solutions unit, which provides multi-asset exchange platform services, managed services and expert consultancy; and the Global Market Data unit, which offers a broad array of global market information products covering multiple asset classes. With offices across the U.S., Europe and Asia, NYSE Technologies' advanced integrated solutions for a wide range of services has earned the ability to power the trading operations of global financial institutions and exchanges. For additional information visit: http://www.nyse.com/technologies
About Options IT
Founded in 1993, Options IT is a global provider of high-performance technology Infrastructure-as-a-Service (IaaS) and ultra-low latency market connectivity for hedge funds, proprietary trading shops, private equity firms, and brokerages. Combining innovative technology solutions with highly experienced technology management and support professionals, Options IT provides financial services firms with a high-performance, low-cost alternative to managing technology infrastructure, advanced trading applications, and market connectivity internally. Options IT’s IaaS offerings – Core, Expand, Velocity and Accelerate – are provided individually or as a bundled service on the Options PIPE® platform. The product offerings range from infrastructure and technology management for essential business operations to low-latency market data and connectivity for high-frequency trading. With offices in North America, Europe and Asia, Options IT offers global solutions to more than 120 buy-side and sell-side clients ranging from $50 million to $40 billion in size. For additional information visit: www.options-it.com
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 reference document for 2008 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on April 28, 2009 under No. R. 09-031), 2008 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.
Contact: Marc Weinstein, Options IT