May 2008
SFTI Adds the National Stock Exchange as a New Market Center
Friday, May 16, 2008
NYSE Euronext (NYX) today announced that NYSE Euronext's SFTI® network is now connected to the National Stock ExchangeSM(NSX®). Through the addition of NSX, SFTI now offers customers access to all U.S. exchanges for complete Reg-NMS compliance.
"We are pleased to further enhance the scope of our SFTI network to include the National Stock Exchange," said Sam Johnson, Executive Vice President, NYSE Euronext Advanced Trading Solutions. "By connecting more firms to more markets than any other network, SFTI provides customers with the fastest, most reliable access to liquidity anywhere in the world."
"The announcement of NSX connectivity with SFTI is a step forward in our continued commitment to make NSX easy to access for our customers," said James Kearney, NSX Senior Vice President, Business Development and Client Relations. "Through this proven, low-latency linkage, NSX clients are able to access NSX BLADE(SM), our state-of-the-art trading platform, as well as our newly developed NSX multi-cast Depth of Book product, the addition of which now allows clients to choose the most convenient way to receive NSX market data - all for no charge."
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.
About NYSE Euronext Advanced Trading Solutions
A unit of NYSE Euronext (NYX), NYSE Euronext Advanced Trading Solutions is a leader in providing complete connectivity, data management and transaction solutions for trading firms, vendors and financial markets throughout the world. Offering a suite of comprehensive, best-of-breed commercial technology solutions that include advanced end-to-end market data management, global exchange connectivity and matching technologies, co-location systems, and super low-latency order routing capabilities, NYSE Euronext Advanced Trading Solutions' products attract and enable the free flow of liquidity for high-volume markets around the world. This unit operates SFTI, one of the world's largest, most reliable financial transaction networks; NYSE TransactTools, the high-performance, end-to-end connectivity software; and Wombat, offering the industry's most advanced platform for real-time market data distribution and integration. With offices across the U.S., Europe, Singapore and Japan, NYSE Euronext Advanced Trading Solutions' commitment to superior development, engineering and customer service has earned the trust to power the trading operations of hundreds of global financial institutions, including core technology for 17 of the world's 20 largest securities firms. For additional information visit: http://www.nyse.com/tradingsolutions.
About NSX
National Stock Exchange (NSX) is the cost-effective provider of exchange services, committed to aligning its interests with those of its customers. In the fourth quarter of 2006, NSX launched NSX BLADE, a new state-of-the-art technology platform, which was the culmination of a major transformation that began a year earlier with the development of an entirely new business plan for NSX. The new technology platform was built from the ground up to meet the speed, price and service needs of a post-Regulation NMS environment. It was designed to accommodate the broadest range of users, including ECNs, algorithmic traders and agency brokers. Founded in 1885, NSX has been a driving force for change in the world of securities exchanges and continues to lead the way in exchange innovation. For more information, visit the NSX website at www.nsx.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext's reference document for 2006 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on June 6, 2007 under No. R.07-0089), 2006 Annual Report on Form 10-K, as amended, and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
NSX is the cost-effective provider of exchange services, committed to aligning its interests with those of its customers. Acknowledged for its proven high-performance, low-latency technology, NSX is also a recognized resource for Exchange-Traded Fund (ETF) data. For more information on NSX, visit www.nsx.com.
National Stock Exchange Opens New East Coast Headquarters
Tuesday, May 13, 2008
National Stock ExchangeSM(NSX®) today announced the opening of new offices in Jersey City, officially establishing the Exchange's headquarters in the heart of the East Coast financial district.
NSX completed its move last week to its new headquarters at 101 Hudson Street in Jersey City, NJ, from its former Jersey City location at 525 Washington Blvd. NSX first opened an East Coast office in April 2005, when the Exchange began developing NSX BLADE, an entirely new technology platform that would become the centerpiece of NSX's new business plan. Initially housing the Exchange's technology group, NSX's East Coast facility has since expanded to include the Exchange's business development, strategic planning and customer services areas.
Joseph S. Rizzello, Chief Executive Officer of NSX, said, "The growth of NSX's presence on the East Coast parallels the major transformation that has taken place at NSX over the past year and a half. With our customer base largely concentrated on the East Coast, establishing our headquarters in close proximity to them makes strategic sense. It enables us to provide our customers with the highest level of service possible, our top priority since day one. Now, with our new East Coast headquarters and an established office in Chicago, NSX is positioned to most effectively serve the country's two major financial centers and customers nationwide."
The establishment of an East Coast headquarters is the next natural step in NSX's evolution. It follows a period of unprecedented change at NSX over the past year and a half that has included the development of a completely new business model, demutualization into a for-profit corporation, the equity investments that followed from six leading Wall Street firms and ECNs, and the building of an entirely new technology platform.
NSX is the cost-effective provider of exchange services, committed to aligning its interests with those of its customers. Acknowledged for its proven high-performance, low-latency technology, NSX is also a recognized resource for Exchange-Traded Fund (ETF) data. For more information on NSX, visit www.nsx.com.
NSX Releases April ETF/ETN Data Report
Monday, May 5, 2008
National Stock ExchangeSM(NSX®) today announced that U.S. listed Exchange-Traded Fund (ETF) and Exchange-Traded Note (ETN) assets reached $583 billion at the end of March 2008, an increase of 28 percent over $454.1 billion at March 2007 month-end. today announced that U.S. listed Exchange-Traded Fund (ETF) and Exchange-Traded Note (ETN) assets reached $609 billion at the end of April 2008, an increase of 27 percent over $478 billion at April 2007 month-end.
ETF net cash inflow for the month of April 2008 totaled $36 million and notional trading volume during April 2008 totaled $1.6 trillion. The current number of U.S. listed ETFs has increased 49 percent to 740 compared to April 2007 when 496 ETFs were trading. In addition, there are currently 33 issuers of ETFs/ETNs compared with 18 issuers at the same time last year.
This data is included in NSX's April 2008 Month-End ETF/ETN Data Report released today. NSX began publishing Data Reports with the release of the June 2007 Report. These Data Reports are published following the end of each calendar month.
The NSX monthly statistics include shares of open-end exchange-traded products, encompassing listed shares of investment companies, grantor trusts, ETNs and commodity pools.
NSX's full report provides ETF data on Assets Under Management (AUM), Net Cash Flow and Notional Volume, broken out by Issuer, by Category, and the Top 10 ETFs by Size. To view this report go to: http://www.nsx.com/content/market-data.
In addition, NSX publishes a product-by-product breakdown of the 703 ETFs on which the data is based. The complete list can be accessed at: http://www.nsx.com/content/etf-product-list.
NSX is the cost-effective provider of exchange services, committed to aligning its interests with those of its customers. Acknowledged for its proven high-performance, low-latency technology, NSX is also a recognized resource for Exchange-Traded Fund (ETF) data. For more information on NSX, visit www.nsx.com.