Post by Sapphire Capital on Jul 15, 2008 6:14:49 GMT 4
NYSE Euronext Advanced Trading SolutionsSM, a unit of NYSE Euronext (NYX), today announced that Credit Suisse Advanced Execution Services (AES ) Crossfinder dark pool will become the first alternative trading system available on SFTI.
In addition, SFTI provides trading access for multi-asset trading to Credit Suisse via an open FIX architecture. This service includes routes to cash, programs, DMA, derivatives, FX and the algorithmic offering known as AES.
“The SFTI network provides a low latency highly resilient infrastructure that is critical for our clients. SFTI provides AES with a competitive advantage in the electronic trading and algorithmic market place,” said Guy Cirillo Global Channel Sales Manager, AES.
“The Credit Suisse AES platform is a suite of algorithmic trading strategies that allows traders to trade globally. The Crossfinder ATS represents a significant addition to our growing suite of execution services and crossing networks available through SFTI,” said Sam Johnson, Executive Vice President, NYSE Euronext. “This is another significant step in our on-going mission to offer the industry’s best and most active trading services and venues for our clients through partnership with best-of-breed execution service providers.”
SFTI is the NYSE Euronext’s highly resilient, ultra low-latency communications backbone created for the financial industry in 2002. It offers connectivity to multiple exchanges, market centers and content services providers including all of the National Market System markets in the U.S and also connects to over 1,300 market participants. SFTI FIX provides open, standards-based access for data and trading. The OMS neutral FIX router enables customers to get to any destination through a single FIX connection. -- www.nyse.com
June 17, 2008
In addition, SFTI provides trading access for multi-asset trading to Credit Suisse via an open FIX architecture. This service includes routes to cash, programs, DMA, derivatives, FX and the algorithmic offering known as AES.
“The SFTI network provides a low latency highly resilient infrastructure that is critical for our clients. SFTI provides AES with a competitive advantage in the electronic trading and algorithmic market place,” said Guy Cirillo Global Channel Sales Manager, AES.
“The Credit Suisse AES platform is a suite of algorithmic trading strategies that allows traders to trade globally. The Crossfinder ATS represents a significant addition to our growing suite of execution services and crossing networks available through SFTI,” said Sam Johnson, Executive Vice President, NYSE Euronext. “This is another significant step in our on-going mission to offer the industry’s best and most active trading services and venues for our clients through partnership with best-of-breed execution service providers.”
SFTI is the NYSE Euronext’s highly resilient, ultra low-latency communications backbone created for the financial industry in 2002. It offers connectivity to multiple exchanges, market centers and content services providers including all of the National Market System markets in the U.S and also connects to over 1,300 market participants. SFTI FIX provides open, standards-based access for data and trading. The OMS neutral FIX router enables customers to get to any destination through a single FIX connection. -- www.nyse.com
June 17, 2008