China hands data distribution licence to NYSE Technologies

Subsidiary of NYSE Euronext says it is one of the first firms to secure Chinese approval in its field

The Chinese State Council Information Office has given approval to NYSE Technologies to distribute market data to market participants in China.

The company, which is the commercial technology division of NYSE Euronext, says it will disseminate NYSE Euronext’s real-time and historical market data, as well as SuperFeed services.

Daniel Burgin, the head of NYSE Technologies Asia Pacific, pointed out that they were one of the first international firms to receive this approval in China.

Earlier this year, NYSE Technologies announced plans to launch NYSE BQT (Best Quote & Trades), which is a consolidated XDP feed that provides a real time view of level 1 market data.