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CHX to Get NYSE Pillar via ICE Acquisition

April 10, 2018 by Eugene Grygo

CHX to Get NYSE Pillar via ICE Acquisition

The Chicago Stock Exchange (CHX) will become part of the Intercontinental Exchange (ICE), owner of the New York Stock Exchange (NYSE), and the acquisition will pave the way for the CHX’s usage of the NYSE Pillar trading technology, officials say. The merger is slated to close during the second quarter of 2018, officials say. ICE… Read More >>

Filed Under: Derivatives Operations, Derivatives Processing, Securities Operations, Buy-Side, Clearing, Data Management, Mergers & Acquisitions, Operational Risk, Ops Automation, Outsourcing, Governance, FinTech Trends, Back-Office, Integration, Standards, Derivatives, Regulatory Compliance, Industry News Tagged With: Cboe Futures Exchange, Cboe Global Markets, Chicago Stock Exchange, CHX, clearinghouses, Intercontinental Exchange (ICE), M&A, Nasdaq, New York Stock Exchange (NYSE), NYSE Pillar System, support transactions, trading technology

ICE Expands Reach of NYSE Trading Floor

January 12, 2017 by Eugene Grygo

The New York Stock Exchange (NYSE) is expanding its floor-based transaction operations so that by the end of this year the venue will trade 8,600 U.S. listed securities — including exchange traded products (ETFs) — facilitated by the migration to an integrated trading technology platform NYSE Pillar. The expansion plans of NYSE, which is owned… Read More >>

Filed Under: Securities Operations, General Interest, FinTech Trends, Industry News Tagged With: New York Stock Exchange, Nyse, NYSE Pillar System, Stacey Cunningham, trading

NYSE Group Advances Pillar Platform Rollout

March 1, 2016 by Eugene Grygo

After completing a key rollout phase last week, NYSE Group officials report that they are continuing to test a new transaction processing system intended to streamline access to equities and options markets. Officials alerted traders about the NYSE Pillar system and its symbol migration steps this past Thursday. “Beginning tomorrow, Friday, February 26, 2016 all… Read More >>

Filed Under: FTF Bull Run Blog Tagged With: equities, FIX Protocol, Nyse, NYSE ARCA, NYSE Pillar System, Options, Universal Trading Platform, UTP

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