NYSE Arca, NYSE Euronext’s all-electronic U.S. equities exchange and already one of the fastest equities markets, is further speeding up its order execution time with the implementation of the company’s Universal Trading Platform. NYSE Arca customers are experiencing roundtrip executions of 650 microseconds for Nasdaq-listed issues, and 950 microseconds for NYSE- and NYSE Arca-listed issues, which generally have deeper books and more orders.

“NYSE Arca has long been a standard-setter for speed, functionality and capacity of trading systems, and now our customers are seeing an even higher level of performance with the introduction of the Universal Trading Platform,” said Paul Adcock, Executive Vice President, NYSE Arca Trading Operations.

The Universal Trading Platform consists of four main components based on proven, best-of-breed technologies and systems from across the NYSE Euronext enterprise:

  • A rich-function, ultra-high-resiliency trading engine that can be configured for cash or derivatives markets;
  • The Common Customer Gateway, which provides clients with multi-format order entry and access to multiple trading platforms;
  • Market data distribution that disseminates information and super-low-latency speeds and allows for the efficient and flexible creation of new data products; and
  • SFTI® (Secure Financial Transaction Infrastructure, known as “Safety”), the high-performance backbone that enables clients to have access to all NYSE Euronext services through a single, highly reliable, fast and resilient network.

“These components work in concert to provide customers with new levels of speed, cost efficiency, reliability and functionality,” said Anthony Attia, Senior Vice President and Head of the Universal Trading Platform Program.

The rollout of the new platform on NYSE Arca’s cash market began in early November and will continue through mid-January 2010. NYSE Euronext’s European bonds migrated to the Universal Trading Platform in December 2008; European cash markets in February 2009 followed by the launch of NYSE Arca Europe in March 2009. Migration of SmartPool, the company’s European multi-lateral trading facility for block orders took place on Nov. 23, 2009. Migration to the platform is underway or scheduled for the coming weeks and months for the European warrants market; the NYSE Arca and NYSE Amex options markets; the New York Stock Exchange and NYSE Amex cash markets; and NYSE Liffe European derivatives.

“The results of the Universal Trading Platform rollout demonstrate the success of the platform in our markets, as well as the opportunity to provide this solution set to other markets and financial service firms around the world as a commercial offering,” said Stanley Young, Co-CIO of NYSE Euronext and CEO of NYSE Technologies.

*A microsecond is one millionth of a second.

About NYSE Arca and NYSE Euronext

NYSE Arca is an all-electronic trading platform that provides fast execution with open, direct and anonymous market access. NYSE Arca’s distinct market structure delivers the benefits of both displayed and undisplayed liquidity, as well as tremendous efficiency.

NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With more than 8,000 listed issues, NYSE Euronext's equities markets – the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca – represent nearly 40 percent of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index and Fortune 500. For more information, please visit: http://www.nyx.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.

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