In the 1st half of 2007 the NYSE implemented systems and infrastructure changes that reduced order flow latency within NYSE Trading Systems from approximately 290 milliseconds to approximately 10 milliseconds. As part of the NYSE’s continuing commitment to reduce latency for all messaging, order flow and executions, the next system enhancement will be the implementation of a Common Customer Gateway (CCG) for interfacing to the NYSE Trading Systems, currently scheduled for the 4th quarter of 2007. This announcement provides an overview of the CCG and of the current rollout schedule, as well as an FAQ covering key aspects of the project.
Trading Technology Information Memo