-- Ultra-Low Latency Technology Providing Optimal Performance Levels Over the SFTI® Network --
NEW YORK – July 26, 2010 – NYSE Technologies, the commercial technology division of NYSE Euronext (NYX) and Actant, a leading global trading software firm, announce today a joint agreement to upgrade market making software AQTOR with NYSE Technologies’ SuperFeed™ solution to further enhance its performance and expand global coverage.
The SuperFeed solution is an industrial-strength, high performance market data ticker plant and distribution system with microsecond latency. The SuperFeed fully hosted and managed service utilizes NYSE Technologies’ world renowned Feed Handler Suite and Data Fabric™ middleware across the global SFTI® network.
Actant will use NYSE Technologies’ SuperFeed solution to gain immediate access to global markets, including NYSE Euronext’s diverse global exchanges, alongside data from the major markets in the U.S., Europe and Asia, through one single solution, across an ultra-low latency global network. Furthermore, with NYSE Technologies’ Secure Financial Transactions Infrastructure® (SFTI®) network, Actant will reduce time-to-market, improve performance and increase market efficiency with the added benefit of lower operational expenses.
“We are pleased that Actant has selected our SuperFeed solution as the data platform of choice,” said Mark Schaedel, Senior Vice President, Global Market Data Products, NYSE Technologies. "We believe their choice underscores the power and value of the service to markets and firms looking for a managed high performing electronic trading solution.”
“Our selection of SuperFeed is a direct response to our market makers’ demands for the most innovative product that matches the performance, speed and scale that the industry has to offer,” said Peter Grant, CEO of Actant. “We are confident that NYSE Technologies’ powerful ultra low-latency SuperFeed engine will provide those optimal performance levels for them to perform efficiently and remain competitive in these markets.”
NYSE Technologies’ Global Feed Handler Suite provides microsecond data transmission via the SFTI® network between global markets and more than 170 high-speed direct exchange and aggregated vendor feed handlers. NYSE Technologies’ broad range of market data solutions can be offered as fully deployed, hosted, managed or on-demand services.
# # #
Actant is privately-held software development company founded in 1998 by software engineering and trading professionals with an unparalleled track-record in building successful real-time systems for automated derivatives trading on electronic exchanges. Over the years, actant’s founders have made significant contributions to the development of electronic derivatives trading technology. In 1985, they released the first publicly-available front-end software to offer real-time derivatives risk management with automated position updating, integrated quote feed and tick-by-tick analysis. In 1993, they pioneered the electronic order generation process for automated mass quoting, electronic eye and reaction trades on SOFFEX and DTB (now Eurex).The actant group of companies consists of the parent in Zug, Switzerland and subsidiaries operating from offices in Chicago, London, New York and Philadelphia. For additional information visit: www.actant.com
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]