About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

NYSE Loosens Liquidity Centre Access

Subscribe to our newsletter

While there are no official statements being issued, inside word suggests that NYSE Euronext is loosening the restrictions previously in place on network access to its liquidity centres. Essentially, the exchange is now allowing remote access to its matching engines via networks other than its own SFTI.

Since flipping the on switch at its liquidity centres – aka data centres – in Mahwah, NJ and Basildon, UK in 2010, the NYSE has required trading firms to use the exchange’s own SFTI network – for Secure Financial Transaction Infrastructure – to gain remote access to them.  SFTI itself is accessed via a number of Points of Presence (PoPs) located at various telecom hubs and proximity centres in the New York City/NJ and London metro areas, and beyond. In London, NYSE also restricts connectivity into its PoPs to just three providers: Colt, euNetworks and Verizon.

Recently, though, it looks like that somewhat controversial policy has been relaxed, and that other network providers can now run their fibre connections directly into the data centres. This policy change follows on from a similar one at the end of last year regarding co-location eligibility, opening up the centres beyond member firms to the community of data and transaction network providers.

In London, some trading firms might look to take advantage of – or drive deployment of – new network routes, moving away from connecting via the current closest SFTI PoP, at Interxion’s east London proximity centre. Those firms will likely be those with fairly specific, latency-sensitive, trading strategies.  For others, Interxion’s combination of SFTI, connectivity to markets like Bats Europe and other community hub advantages will work well enough.

While exchange insiders say the policy change is just a case of responding to customer requirements, others point out that a more open access regime will likely find favor with European regulators, which are currently vetting the proposed NYSE/Deutsche Borse merger. That transaction could well see markets such as Eurex move from Frankfurt to Basildon.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Optimising cloud, marketplaces & managed data services

Date: 30 June 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Financial institutions are under mounting pressure to rethink how they source, manage and distribute market data. Rising data volumes, multi-cloud adoption and the operational demands of regulations such as DORA are exposing the limits of legacy infrastructure, and driving...

BLOG

DTCC Takes Core Clearing Infrastructure to Public Cloud in Landmark Migration

The Depository Trust & Clearing Corporation (DTCC) is migrating core clearance and settlement systems to a public cloud infrastructure for the first time, in a move that marks one of the most significant architectural shifts in US post-trade infrastructure since the organisation’s formation. The announcement, made on 15 April, confirms that DTCC will use Amazon...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Entity Data Management Handbook – Fifth Edition

Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...