The NYSE will be introducing a Binary Common Customer Gateway that is designed to be a new strategic entry point into the NYSE and NYSE Amex market centers for customers wishing to transact using a new optional order entry method protocol, UTPDirect. This new, faster protocol reduces bandwidth and latency by using smaller messages than a standard FIX message with minimal internal message translation.
For additional details on how your firm may take advantage of this new service, please refer to the attached client notification or to the NYSE UTPDirect API Specification version 1.5 dated 10/08/2010.
The NYSE User Acceptance Test environment will be available beginning or about October 15th and available for trading early in the 1st Quarter of 2011. For technical questions and/or testing arrangements, please contact Firm Testing Services at 1-888-689-7739 Option 2 or send an email to Firmtesting@nyx.com. For additional business questions or comments, please contact your Relationship Manager or one of the contacts below:
Robert Airo firstname.lastname@example.org 212.656.5663
Michael Paulyson email@example.com 212.656.2721
Category: Product News