ioinet v2 Provides Traders With New Perspectives on IOIs and Advertised Trades
NYSE TECHNOLOGIES LAUNCHES A NEW CLASS OF LIQUIDITY DISCOVERY SOLUTION
London, New York, January 14, 2010: NYSE Technologies, the commercial technology unit of NYSE Euronext (NYX) today announced the launch of NYSE Technologies’ ioinet v2, a new class of indications of interest (IOI) solution offering new and deepened insight to traders seeking faster liquidity discovery. Unlike traditional IOI services that limit how buy-side traders can view IOI and advertised trade (AT) data, ioinet v2 gives traders the flexibility to create personalized perspectives on this information, greatly increasing their ability to find, and be alerted to, the liquidity they are looking for. The platform has been architected to integrate additional trading analysis data and services from NYSE Technologies and 3rd parties.
With the ability to sort and filter IOI and AT data across a wide range of custom charting techniques and “heat maps”, traders can build, save, and share among their trading desks an unlimited number of personalized liquidity perspectives. This new approach to liquidity discovery can be easily organized to compare broker liquidity over time, to dynamically update the information as new data is received, and to quickly identify trends and hot spots.
“In today’s highly fragmented markets, we wanted to free traders from the boundaries of traditional IOI services and enable them to seek and find liquidity quickly in ways they haven’t been able to before,” said Bob Moitoso, Senior Vice President at NYSE Technologies. “With the unique and dynamically updated perspectives traders can generate with this new class of IOI service, we believe our clients will find liquidity they would have otherwise missed, make better trading decisions, and gain a competitive advantage.”
“The power and control provided by the new ioinet solution enables us to offer our clients the ability to quickly create on demanddynamic views of the rapidly changing liquidity landscape,” adds Paul Scott, Head of Liquidity Discovery at NYSE Technologies. “This is a vitally important new benefit to be able to offer clients as it is no longer acceptable to depend solely on the traditional static views of limited data sets.”
NYSE Technologies’ ioinet’s core functionality includes advanced filtering capabilities that enable the creation of custom watch lists, tickers, and alerts that keep traders informed in real-time on the stocks they are looking to trade. Additionally, ioinet can be accessed through desktop trading tools such as Order and Execution management Systems (OMS, EMS) and Market Data platforms, allowing for easy integration within a traders’ workflow. The global content available in ioinet comes through the NYSE Technologies’ Marketplace, a community of more than 1,000 buy- and sell-side market participants.
NYSE Technologies: + 44 207 634 5376
NYSE Euronext: +44 207 379 2789
About NYSE Technologies
A division of NYSE Euronext (NYX), NYSE Technologies provides comprehensive transaction, data and infrastructure services and managed solutions for buy-side, sell-side and exchange communities that require next-generation performance and expertise for mission critical and value-added client services. 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
ioinet - ioinet is now part of NYSE Technologies following the acquisition of NYFIX
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 here.