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: Unlocking value: Harnessing modern data platforms for data integration, advanced investment analytics, visualisation and reporting

4 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Modern data platforms are bringing efficiencies, scalability and powerful new capabilities to institutions and their data pipelines. They are enabling the use of new automation and analytical technologies that are also helping firms to derive more value from their data and...

BLOG

A-Team Group Announces Winners of the 2025 TradingTech Insight Awards USA

A-Team Group is delighted to announce the winners of the 2025 TradingTech Insight Awards USA, recognising the leading providers of trading technology, infrastructure, and consultancy services for capital markets across North America. This year’s awards highlight the technology providers driving innovation and performance across the trading lifecycle, from market connectivity and execution management to analytics,...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

FRTB Special Report

FRTB is one of the most sweeping and transformative pieces of regulation to hit the financial markets in the last two decades. With the deadline confirmed as January 2022, this Special Report provides a detailed insight into exactly what the data requirements are for FRTB in its latest (and final) incarnation, and explores what needs to be done in order to meet these needs on a cost-effective and company-wide basis.