NYSE Technologies, the commercial technology unit of NYSE Euronext, announced that it has established Knight Capital Group as a destination on the Secure Financial Transaction Infrastructure (SFTI) network.
NYSE Technologies notes that STFI is one of the industry’s fastest, most resilient electronic message transmission networks, and provides customers with superior reliability and access to the financial markets and market participants through a single point of access.
SFTI customers can now access Knight’s electronic trading products and services from the same connections they currently use to access NYSE Euronext markets, other exchanges and brokers.
“Knight provides a valuable new destination and resource for our customers and we’re proud to include them on the SFTI network,” said Ken Barnes, VP, NYSE Technologies.
“With each exchange and broker dealer destination we add to SFTI and our FIX Marketplace, we’re building a platform that offers a combination of speed and reach coupled with a unique capital markets focus seldom found in the industry,” he added.
“Customers are increasingly turning to SFTI to satisfy their connectivity requirements across the capital markets through SFTI’s 10Gb ports, which simplify manageability and reduce latency.”
The SFTI network now includes Knight’s electronic market-making, Knight Link access to equity liquidity, Knight Direct multi-asset class EMS and agency-only algorithms, the Knight Match dark pool, the HotSpot FX ECN and Knight BondPoint’s fixed income ECN.
“Knight is pleased to open our products to the wide breadth of NYSE Technologies clients over the reliable and resilient SFTI network,” said Meaghan Mullins, managing director, Knight. “We are committed to providing as many points as possible for market participants to access Knight’s liquidity, and our establishment as a destination on the SFTI network furthers our goal.”
SFTI, an ultra low-latency network created for the financial industry in 2002, provides connectivity to multiple exchanges, market centers and content service providers, including all of the National Market System venues in the U.S.
SFTI also connects to over 1,300 market participants and offers third-party technology products through its hosted solutions platform.
Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio