NYSE Euronext Provides Photo Finish With RaceTeam

摘要

For NYSE Euronext clients that need to know how quickly their trades cross the finish line, the exchange will provide a latency monitoring service to help them get the checkered flag. NYSE Euronext signed a deal with market data provider Correlix to license the vendor's latency monitoring service, RaceTeam, for the exchange's clients. The RaceTeam platform — which already is available to the clients of a number of exchanges, including the Chicago Board Options Exchange, Nasdaq and Direct Edge — will enable NYSE Euronext's customers to get a more detailed view of what happens to their orders, from the moment they are placed through the trading desk to when they are reflected on the exchange's books and impact the broader market.