According to NYSE Technologies, with this fully redundant connectivity service, NYSE Technologies Marketplace FIX order routing services opens up the opportunity for SSE members using STOCOM services to have reliable, yet immediate electronic access to trading counter-parties for multi-asset trading globally.
This will also enable licensed institutions outside of China to extend their FIX connectivity reach quickly into mainland China.
NYSE Technologies managing director for Asian region Peter Tierney said they are thrilled that STOCOM selected NYSE Technologies Marketplace as part of its international strategy and their global order routing platform of choice.
"This partnership further underscores our commitment to expand our points of connectivity to Asian markets and other key destinations around the world," Tierney said.
Through this new connectivity service, NYSE Technologies intends to offer Chinese institutional clients access to Marketplace, one of the industry’s broadest FIX-based communities where more than 1,200 global trading counterparties connect to one another via more than 10,000 fully managed FIX-based messaging channels.
