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NYSE Technologies Launches Tokyo Liquidity Center

Drawing on its acquisition of Metabit, the firm will provide access to liquidity in all major Tokyo markets through turnkey trading, data and connectivity applications.

NYSE Technologies said it has opened its latest liquidity center located in Tokyo, Japan, underscoring the demand for turnkey applications for trading, data and connectivity across the globe.

Citing the growth of Asian markets, which are outpacing many others in the world, the company said NYSE Technologies Tokyo Liquidity Center would provide access to these markets with unparalleled speed and reliability with minimal infrastructure costs and a dramatically decreased time to market of only a few weeks to begin trading.

NYSE Technologies, the commercial technology division of NYSE Euronext, already has a foothold in Japan through the deployment of several trading platforms and enhanced data feeds. Also, it said the Tokyo markets have experienced increased trading activity and a consolidation of liquidity from a strong community of traders and vendors, many of which are already members of the Metabit network acquired by NYSE Technologies in September 2011.

“In working with our customers to identify their primary trading needs and opportunities, we found that Tokyo and the surrounding Asian markets were a very high priority,” commented Stanley Young, CEO, NYSE Technologies, in today’s release. “Our Tokyo Liquidity Center addresses those needs with a powerful blend of proven, familiar NYSE Technologies services with seamless connections to all major Tokyo markets. With little to no hardware investment or complicated maintenance, we can have customers connected in just a few weeks as compared to the challenging expense and arduous process of designing, building and maintaining a similar infrastructure themselves.”

Customers can access key Asian markets, market information and other essential electronic trading infrastructure services utilizing NYSE Technologies’ Secure Financial Transactions Infrastructure (SFTI) network and other familiar infrastructure services, including the Capital Markets Community Platform, a cloud-based offering. The Tokyo Liquidity Center joins existing facilities in the Mahwah, N.J. and Basildon outside of London, England with additional centers launching in Toronto and Brazil in the coming months.

NYSE Technologies said the Tokyo Liquidity Center was built to facilitate seamless access to key markets and market information in Asia, including the Tokyo Stock Exchange’s new Tdex+ system and arrownetTM network. By offering a fully managed, broker neutral trading infrastructure solution and leveraging the technology expertise and network acquired in the Metabit transaction, the liquidity centers also feature many of the same components customers already use to access NYSE Euronext’s global exchanges. Each installation will feature a turnkey portfolio of trading products that include full-featured connectivity, market data, order transmission and risk management services with world-class customer support.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio

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