NYSE Technologies Risk Management Gateway Now Live
for Customers Trading on Singapore Exchange
-RMG Provides Industry-Standard Risk Controls for Customers Trading on SGX-
-NYSE Technologies Will Expand the Platform to Serve Other Destinations in Asia-
New York, July 6, 2011 - NYSE Technologies, the global commercial technology unit of NYSE Euronext (NYX), today announced that itis now live with its comprehensive pre-trade risk management service, Risk Management Gateway (RMG), for customers trading on the Singapore Exchange (SGX). RMG allows member-sponsored traders to directly access SGX’s matching engines. RMG’s real-time risk controls and detailed order management capabilities are customized for the sponsoring broker and complements any exchange level risk checks. Traders will benefit from low-latency market data and order transmissions with full trade anonymity, improved market access and industry-leading performance.
With this service already live with client flow in the SGX co-location facility, NYSE Technologies plans to expand RMG for more customers trading on SGX either from the co-location facility or from other access points. NYSE Technologies will also launch RMG in other execution venues in Asia, including Tokyo and Hong Kong. With SGX’s new Reach matching engine anticipated in August, NYSE Technologies’ RMG service combined with its support for SGX’s low latency feeds will offer ultra-low latency market access resulting in unparalleled execution performance. Already proven in the fully regulated, high-performance market structures of Reg NMS in the U.S. and MiFID in Europe, RMG helps trading firms better manage and protect their trading operations from erroneous or unapproved orderflow.
“As we continue to create opportunities that empower the goals and strategies of markets and market participants around the world, we are pleased to offer a core set of services that improve access to key markets like SGX,” said Peter Tierney, Senior Vice President, NYSE Technologies. “The focus on Asian markets moving towards more high-speed trading reflects interest from our existing client base and further demonstrates NYSE Technologies’ commitment to developing a truly global portfolio of high performance connectivity, trading technology and data solutions.”
NYSE Technologies’ Risk Management Gateway is a high throughput, low-latency routing and risk management engine with advanced risk checks and reporting capabilities. It enables broker-dealers to safely provide high performance, direct-market access to their clients with real-time risk-filters and fully customizable controls optimized for each firm’s unique requirements. Sponsoring members enjoy enhanced risk management functionality resulting in consistent low latency performance with increased control of high-speed electronic order flow.
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About NYSE Technologies
A subsidiary 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. NYSE Technologies 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: www.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 reference document for 2010 ("document de référence") filed with the French Autorité des Marchés Financiers (Filed on April 19, 2011 under No. D.11-0333), 2010 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.