NYSE Technologies, the commercial technology unit of exchange group NYSE Euronext, has launched an internet-based virtual private network (VPN) option for customers that want to connect to its Secure Financial Transaction Infrastructure (SFTI).
The solution will enable clients to connect to a range of application services and a range of trading destinations using their existing internet connection. The service can provide global market access to less latency sensitive applications for users with lower bandwidth requirements, in the one to ten megabit range.
SFTI Internet VPN includes access to all NYSE Euronext markets, other registered exchanges, alternative trading systems, and a number of non-displayed markets across the industry. The service also provides access to NYSE Technologies' application services and direct connectivity to the NYSE Euronext US Liquidity Centre's co-location facilities.
Stanley Young, CEO of NYSE Technologies said, “This is a highly resilient connection to our industry-leading SFTI network that ensures a secure environment for order entry, market data and much more with a level of cost savings that will appeal to a broad range of customers.”
SFTI Internet VPN is designed to provide relatively cheap but reliable access to the SFTI network and applications available on it. It is a managed service from the point of procurement to the deployment and for ongoing maintenance, with a turn on time of 10 days or less.