Latency Across the Trading Lifecycle
Latency Across the Trading Lifecycle
By Stanley Young, CEO at NYSE Technologies
Latency is one of the most talked about topics of the last five years. But many different firms have many different reasons to need latency – it’s not all about high frequency trading.
Ongoing advances in low-latency technology means that all market participants have to continually re-assess their services in a race to be faster and more efficient than their competitors – at each stage of the trading lifecycle.
At NYSE Euronext, we have embraced this spirit of innovation by acquiring and integrating technology and service assets to do more than merely satisfy our own need for cutting-edge technology, but actually places us in an ideal position to lead a revolution in providing low-latency technology to the entire market.
Through NYSE Technologies, NYSE Euronext is aggressively pursuing a strategy of supporting the technology and services needs of all market participants—even other exchanges.
NYSE Technologies can now provide the entire technology infrastructure for trading from ultra-low latency messaging software to feed handlers, networks, gateways and market data technology - all designed to enable the lowest latency possible. With the acquisition of NYFIX, NYSE Technologies now provides a vital and unique connectivity link between the buy-side and sell-side at the point of origin in the trade flow process. This includes more than 450 buy-side institutions and more than 600 sell-side institutions, and connections to exchanges and other electronic trade execution venues around the world.
LatencyStats.com is just one more example of how we are innovating to provide more transparency and more added value to our customer community. As a technology company within a global exchange group, NYSE Technologies is constantly in that stream of innovation that makes our markets relevant, and that enables us to be successful as an applied technology company.
NYSE Euronext's most recent innovations is the investment in two new state-of-the-art data centers in the UK and US which will house all of NYSE Euronext's European and US markets respectively.These wholly electronic trading floors have the ability to offer core services that not only facilitate global, multi-asset trading but deliver unmatched speed and performance. Wanting, and in many cases needing, to be close to the trading engines is no different than the debates from many years ago of the brokers wanting to be close to the trading post, close to the point of execution. That remains a constant in our business and the data centers ensure that need is consistently and reliably met. This puts us in a position to facilitate the needs of the growing proportion of high frequency traders, so that they can focus on the algorithms, whilst we focus on the supporting technology.
NYSE Technologies will continue to provide services to support and enhance the trading capabilities of all market participants, enabling them to concentrate on providing value-added services for their clients.
The underlying services may have changed and the ways in which they are provided are different, but the core objective remains unchanged: NYSE Euronext provides an infrastructure that will foster innovation, trust and partnership, which in turn facilitates capital-raising, price discovery and risk management.
We would appreciate your feedback on this site, and your continued engagement in our ongoing efforts to innovate with new services to suit your needs.

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