|
Home > Newslist
NYSE Euronext connectivity
Tuesday October 07th 2008. Posted: 08:00
 |
|
BT operates the world's largest financial extranet, which will now have access to NYSE Euronext
|
BT is to provide resilient connectivity to NYSE Euronext - operator of the world’s largest and most liquid exchange group - through the new secure financial transaction infrastructure (SFTI) network’s hubs in London and Paris.
This will give customers access to the new universal trading platform that will support Euronext cash equities and Liffe market data and trading. BT says this will be enabled through the Radianz shared market infrastructure, which provides fast, secure and reliable connectivity to a global community of trading-related partners, financial applications and services. Following the merger of the New York Stock Exchange (NYSE) and Euronext, one of the first integration priorities was to build a universal trading platform to serve as a unified common trading platform for NYSE Euronext customers. It provides them with high-speed and reliable access to all the company’s global cash and derivatives markets. NYSE Euronext also needed to develop solutions to connect customers in secondary markets, such as Spain and Italy, without having to deploy its own network. Anthony Attia, executive director and head of the universal trading platform programme at NYSE Euronext, said: “In the USA, BT has provided connectivity to the NYSE through our SFTI since 2002 and today provides a significant number of connections to the exchange over the Radianz shared market infrastructure and Radianz ultra access. “Our experience of working with BT gives us complete confidence that its resilient access will provide the speed to market, reliability and low latency that the capital markets demand today in Europe.” Phil Mottram, managing director of Radianz and trading systems in BT global financial services, said: “BT operates the world’s largest financial extranet connecting more than 10,500 sites. "This community of market participants, which includes all the major global investment banks, brokers and buy-side institutions, will now have access to NYSE Euronext, removing the need for thousands of point-to-point connections to existing and new firms interested in obtaining its market data.”
| 
Last updated:
12:55