NYSE Arca completes migration to the Universal Trading Platform

NYSE Arca completes migration to the Universal Trading Platform with successful rollout of NYSE Arca and NYSE Amex Options

NYSE Euronext has announced the successful migration of the NYSE Arca options and NYSE Amex options markets to the Universal Trading Platform. This migration marks a significant new step in the expansion of the Universal Trading Platform, NYSE Euronext’s globally integrated and scalable end-to-end trading solution. This is in addition to the completion of the migration of the NYSE Arca equities market in January.

NYSE Euronext’s U.S. options trading customers will now benefit from improved performance, while still maintaining the ability to trade options on separate market models with unique attributes. Customers can continue to choose between the highly diversified price-time priority model on NYSE Arca and the more traditional pro-rata/customer priority model on NYSE Amex. Both markets operate a hybrid platform offering open outcry and electronic trading and an expanded array of services with industry-leading technology and capacity. The Universal Trading Platform will provide major performance improvements that will only enhance the continued success of NYSE Euronext’s U.S. options operations as one of the largest and most liquid options centers in the U.S.

“The increased performance benefits, both in terms of latency and capacity, of the Universal Trading Platform will have a noticeable effect on our customers’ trading experience,” said Ed Boyle, Executive Vice President, Head of U.S. Options. “We are pleased to leverage NYSE Euronext’s extraordinary technology assets to enable us to implement new products and services more efficiently to continue to better serve our customers and improve our markets.”

With common connectivity and market data protocols, as well as trading engine technology that leverages a harmonized code base supporting market specific trading algorithms and structure, the Universal Trading platform provides everything a diverse customer base needs; feature-rich functionality, superior technology, and greater cost effectiveness.

Anthony Attia, Senior Vice President, Head of the Universal Trading Platform program, added, “This latest step confirms the ability of the Universal Trading Platform to meet the needs of markets in all asset classes. We are dedicated to delivering the best services on the most innovative platforms for our customers around the world.”

Also successfully completed recently are the migration of NYSE Arca equities, the European warrants market as well as the beginning of the migration for the NYSE Liffe European derivatives market. The company continues to work on meeting the future milestones of this ambitious program, including the completion of the migration of the NYSE equities market.

The Universal Trading Platform will continue to underscore NYSE Euronext’s competitive benefits and its commitment to providing leading-edge technology to its client base. The platform, combined with the company’s new global liquidity centers, will solidify NYSE Euronext’s position as a world leader in exchange technology and efficiency.