ACADEMIA
NYSE Euronext Opens U.S. Liquidity Center to Third-Party Service Providers
NYSE Euronext announced that its U.S. Liquidity Center in Mahwah, New Jersey has enhanced its data center community, managed by NYSE Technologies, by revising a number of policies aimed at reducing customer costs, increasing platform flexibility and broadening access to the facility. For the first time, the financial services vendor community now has the opportunity to acquire data center space and offer their services within NYSE Technologies’ state-of-the-art liquidity center.
With new telco ‘meet-me’ rooms being built out in Mahwah, and expected to open in the first quarter of 2013, NYSE Technologies will offer direct access to telecommunications providers. This complements the existing SFTI Optic, IP, Wave and VPN services that are currently the only supported methods for a customer to connect to Mahwah from outside the facility. In addition to this carrier choice, customers will also have greater flexibility in connectivity with the ability to deploy direct fiber cross-connects to other colocation participants.
“Our vision has always been to create a completely unique environment that enables global trading for customers of all sizes and sophistications, trading anywhere in the world,” said Stanley Young, CEO, NYSE Technologies. “Our U.S. liquidity center offers customers a wide range of technology solutions and services whether they are designed and deployed by NYSE Technologies or any of the third-party vendors serving the financial industry. As a leader in innovation for the global capital markets, we want to continue to empower traders and developers worldwide to enhance markets.”
By implementing these changes, NYSE Technologies is responding to customer needs by lowering the barriers to accessing a range of key market services, including colocation, market data and third-party applications, for greater community access. The inclusion of third-party network providers and vendors further augments the liquidity center’s growing ecosystem of market participants, technology providers and global trading destinations, all offered from within NYSE Technologies’ secure, cutting-edge trading environment.
Alongside the introduction of direct telcos and vendors for colocation services, NYSE Euronext has liberalized liquidity center data formatting standards to enable colocation participants to share market data with each other in any format they choose. Similarly, NYSE Euronext’s European Liquidity Center in Basildon, U.K. is also opening up access to third-party vendors, which will be available in the third quarter of 2012.