NYSE news from FierceFinanceIT

For a glimpse of modern stock trading, look no farther than the size of average trades on the NYSE, Nasdaq and London Stock Exchange. According to new research commissioned by the Financial Times,... Read more...

We've suggested that New Jersey is emerging as perhaps one of the key data center capitals of the world. Even with the recession and financial crisis, all signs point to the boom continuing. We've... Read more...

So how low are we going to go? The NYSE Euronext is touting a new speed milestone: It says its ARCA electronic trading unit is now executing roundtrip trades in just 650 microseconds for... Read more...

The new and improved Tokyo Stock Exchange slashes the time necessary to execute a trade to 5 milliseconds. That's a huge improvement. But unfortunately it still trails most modern exchanges: Nasdaq... Read more...

The end of Turquoise seems to be at hand. Recall that the new-era trading system was set up by nine top banks--including Morgan Stanley (MS), Goldman Sachs (GS) and Citigroup (C)--with an eye on... Read more...

Nasdaq's market share has dropped to historic lows recently. But it's not about to give up its battle against DirectEdge, BATS and the NYSE Euronext. Nasdaq OMX, still the second largest exchange,... Read more...

Recall that there was a day not so long ago when people were really optimistic about Turquoise. The MTF facility grabbed a lot of headlines and it did manage to steal about 7 percent market share,... Read more...

Lots of stock markets offer two platforms. The obvious example is the NYSE Euronext, which operates its NYSE Arca alongside its NYSE Hybrid Market. The Nasdaq OMX operates the main Nasdaq market and... Read more...

So what's the best way to build trading volume on a fledgling platform? The best method, it would appear, is to give broker dealers some skin in the game, that is, giving them an opportunity to... Read more...

When it comes to Wall Street, speed kills--either you or your competition. In an effort to build lower latency services, many firms are setting up shop in New Jersey, which has become something of a... Read more...