universal trading platform for international markets

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PRODUCT DESCRIPTION Universal Trading Platform for International Markets www.nyx.com ©2010 NYSE Euronext All Rights Reserved Next generation multi-asset class, exchange platform – powering growth FAST FACTS What is it? The Universal Trading Platform for International Markets is an exchange platform delivered as a configurable software package on a smaller server footprint. Who is it for? Exchange venues needing a comprehensive tailored trading infrastructure with lowest cost of ownership. What does it provide? A modular, low latency design which draws on NYSE Euronext’s deep experience of deploying trading systems in markets across the globe. NYSE Technologies provides high-performance trading platforms for the global trading community. The Universal Trading Platform is the latest innovation in trading system which is now being deployed throughout all NYSE Euronext markets in the US and Europe. The Universal Trading Platform for International Markets is the commercialized version of NYSE Technologies’ exchange solutions providing a high performance exchange system customised for your market, based on the best practices in use across NYSE Euronext. Customer Challenges New levels of competition have changed the global capital market landscape. Whether an incumbent or a new entrant, exchanges are driven to increase performance, decrease costs, and launch new products and services. Competition In the competitive markets of the US and Europe, latency is the new battleground. Such latency is an engine for growth attracting algorithmic trading and allowing exchanges to promote co-location services. Multiple Asset Classes Exchanges need to be able to offer a range of different asset types from a single integrated platform. Comprehensive Solution Exchanges need a comprehensive solution to meet their present and future business needs. These would include a full range of index calculation methods and management of corporate events. Exchanges who maintain a trading floor or who have traditionally supplied brokers with a front end will need an end-user trading facility. Low Cost of Ownership Growing exchanges need to keep costs down to remain competitive, taking into account the total cost of ownership. Solution Benefits The Universal Trading Platform for International Markets is a next generation trading system which brings together the best practices inherent in NYSE Euronext’s previous trading systems (NSC ® , LIFFE CONNECT ® , Arca, NYSE), in a new and advanced architectural framework. High Speed and High Performance The trading platform achieves sub-millisecond latency sustained at the high throughput rates of the world’s major markets. Rich Functionality The Universal Trading Platform for International Markets supports trading of all major asset classes. It incorporates block trading, a rich selection of order types and matching algorithms, and supports derivative trading features such as strategies and implied order processing. Full Suite of Applications This complete trading solution includes index calculation, referential data management, corporate action management and fully transparent market control features supported by an advanced suite of IT operational tools. Unparalleled Price-Performance The Universal Trading Platform for International Markets runs on commodity Linux hardware and standards-based communication protocols. It does not rely on any RDBMS, thus providing a low-cost and fully scalable platform.

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Page 1: Universal Trading Platform for International Markets

PRODUCT DESCRIPTION

Universal TradingPlatform for International Markets

www.nyx.com©2010 NYSE Euronext

All Rights Reserved

Next generation multi-asset class, exchange platform – powering growth

FAST FACTSWhat is it?

The Universal Trading Platform for International Markets is an exchange platform delivered as a configurable software package on a smaller server footprint.

Who is it for?

Exchange venues needing a comprehensive tailored trading infrastructure with lowest cost of ownership.

What does it provide?

A modular, low latency design which draws on NYSE Euronext’s deep experience of deploying trading systems in markets across the globe.

NYSE Technologies provides high-performance trading platforms for the global trading community. The Universal Trading Platform is the latest innovation in trading system which is now being deployed throughout all NYSE Euronext markets in the US and Europe. The Universal Trading Platform for International Markets is the commercialized version of NYSE Technologies’ exchange solutions providing a high performance exchange system customised for your market, based on the best practices in use across NYSE Euronext.

Customer ChallengesNew levels of competition have changed the global capital market landscape. Whether an incumbent or a new entrant, exchanges are driven to increase performance, decrease costs, and launch new products and services.

Competition

In the competitive markets of the US and Europe, latency is the new battleground. Such latency is an engine for growth attracting algorithmic trading and allowing exchanges to promote co-location services.

Multiple Asset Classes

Exchanges need to be able to offer a range of different asset types from a single integrated platform.

Comprehensive Solution

Exchanges need a comprehensive solution to meet their present and future business needs. These would include a full range of index calculation methods and management of corporate events. Exchanges who maintain a trading floor or who have traditionally supplied brokers with a front end will need an end-user trading facility.

Low Cost of Ownership

Growing exchanges need to keep costs down to remain competitive, taking into account the total cost of ownership.

Solution BenefitsThe Universal Trading Platform for International Markets is a next generation trading system which brings together the best practices inherent in NYSE Euronext’s previous trading systems (NSC®, LIFFE CONNECT®, Arca, NYSE), in a new and advanced architectural framework.

High Speed and High Performance

The trading platform achieves sub-millisecond latency sustained at the high throughput rates of the world’s major markets.

Rich Functionality

The Universal Trading Platform for International Markets supports trading of all major asset classes. It incorporates block trading, a rich selection of order types and matching algorithms, and supports derivative trading features such as strategies and implied order processing.

Full Suite of Applications

This complete trading solution includes index calculation, referential data management, corporate action management and fully transparent market control features supported by an advanced suite of IT operational tools.

Unparalleled Price-Performance

The Universal Trading Platform for International Markets runs on commodity Linux hardware and standards-based communication protocols. It does not rely on any RDBMS, thus providing a low-cost and fully scalable platform.

Page 2: Universal Trading Platform for International Markets

PRODUCT DESCRIPTION

Universal TradingPlatform for International Markets

Copyright 2010 NYSE Technologies Inc. All rights reserved. All third party trademarks are owned by their respective owners and are used with permission. This announcement may contain forward-looking statements regarding NYSE Euronext and its affiliates. Such statements are based upon the current beliefs and expectations of management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements.

DeploymentResilience

The Universal Trading Platform for International Markets can be deployed to achieve different levels of resilience. High availability solutions with synchronous replication provide full resilience to hardware failures, and either synchronous or asynchronous replication can be supported to a DR site.

Support

The platform can be implemented as a fully deployed and self-managed solution in your data centre facilities. Alternatively, the solution can be managed by NYSE Technologies or hosted in our state-of-the-art data centres located in the world’s leading capital markets.

Growing your businessMarket Data

Market data is a rich source of potential revenue. As part of NYSE Technologies’ Exchange Solutions, data is published to participants by the Exchange Data Publisher (XDP) system. XDP is an ultra-high performance system allowing exchanges to package data products and to “slice-and-dice” data to suit the needs of different subscribers.

Global Connectivity

Connectivity can be provided to the global Secure Financial Transaction Infrastructure® (SFTI®) network. This enables SFTI®’s unique trading community to gain access to your market, driving growth.

Key Features• Sub-millisecond latency at high throughput rates

• FIX standard access

• Mature and multi-asset class functionality

• Horizontal and vertical scalability.

• Integrated with the global SFTI network

TR/L5756/100316/200

Figure 1

About NYSE Technologies

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.

Find Out MoreNYSE Technologies’ Exchange Solutions business delivers leading-edge systems, market data and resilient, low latency connectivity for exchanges, trading venues, banks and brokers around the world. We provide innovative electronic trading platforms with global access to sources of liquidity and advise our clients on the development and retention of liquidity for their own markets.

Contact our Exchange Solutions team now for further information on our wide range of solutions.

Call: +44 (0)207 655 7358

Email: [email protected]

or Visit www.nyse.com/technologies

Resilience• Real-time

redundancy• No down time

Performance• In-memory

storage• Very low latency

Flexibility• Scalability• Parameterization• Modular software

design

Rich Market Model

• Fully automated order book

• Strict sequencing

• Several matching algorithms

• Pre/post-trade transparency

• Numerous order types

• Price control (collar) logic

• Trade internalization

Cost-effectiveness• Commodity

hardware