NYSE Technologies Rolls Out Order Routing Direct Platform

NYSE Technologies said today that it launched Order Routing Direct, an order routing device that allows users to connect directly with their trading counterparties without requiring routing back to a centralized hub.

“We recognize that some customers have specific trading requirements that are not fully supported by the traditional hub-and-spoke service model used around the industry,” NYSE Technologies vice president Scott Fitzpatrick said in a statement. “By coupling that model with Order Routing Direct, NYSE Technologies has become the only provider to offer customers the value of two complementary connectivity services.”

NYSE Technologies, the commercial technology arm of NYSE Euronext, added that customers can use the service with no changes to their existing infrastructure.

As the Senior Editor of Advanced Trading, Justin Grant plays a key role in steering the magazine's coverage of the latest issues affecting the buy-side trading community. Since joining Advanced Trading in 2010, Grant's news analysis has touched on everything from the latest ... View Full Bio