NYSE news from FierceFinanceIT
News
New Jersey rises as less glitzy exchange center
The march of progress continues toward ... New Jersey. Manhattan is still the financial center. But the exchange center of the financial services industry has definitely moved across the river. The... Read more...
Sell-side continues to build out data centers
The need for speed is acute on Wall Street. A great symbol of that is the opening of the Mahwah, N.J., facility the NYSE Euronext just launched. Beyond the top exchanges, the sell-side is in... Read more...
Direct Edge adds two to list of formal exchanges
The ranks of U.S. stock markets keep getting more crowded. Along with the NYSE, Nasdaq and BATS, two new markets are now fully approved--Direct Edge's EDGA and EDGX equity markets. The... Read more...
Single stock circuit breakers delayed at least a week
The NYSE (NYSE news) was planning to roll out its single stock circuit breakers, which were conceived quickly in the aftermath of the May 6 Flash Crash, on Monday. But that is now seemingly on hold.... Read more...
NYSE to open clearing operations in Europe
It's no secret that the NYSE Euronext has been eying the clearing market in Europe. It just announced it will open two clearing operations, one in France and one in London. It says that by the time... Read more...
GETCO raises brows as a designated market maker
Is wariness of GETCO as a designated market maker on the NYSE justified? Well, to some buy-side players, it's a bit jarring to see a major proprietary firm, a pioneer in high-frequency trading (... Read more...
Trading firms to rethink big data centers?
It's no secret that the NYSE Euronext, Nasdaq OMX and other big exchange firms are betting their futures on massive data centers (data center news), many out in New Jersey. These data centers are... Read more...
Average trade size plunges
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...
Data center boom continues in New Jersey
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...
NYSE touts a milestone
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...
