NYSE Group, Inc. Selects TRAFiX LLC as Options Technology Solution
NEW YORK, July 20, 2021 /PRNewswire/ -- TRAFiX LLC, a global FinTech company and industry leader of broker-neutral trading systems, and NYSE Group, Inc., which operates the world's largest securities exchange, have entered into a multi-year agreement in which TRAFiX will provide NYSE American Options and NYSE Arca Options Floor Brokers and their respective customers seamless, electronic integration to NYSE Pillar via TRAFiX's advanced options Order Management System and/or global FIX network.
- NEW YORK, July 20, 2021 /PRNewswire/ -- TRAFiX LLC, a global FinTech company and industry leader of broker-neutral trading systems, and NYSE Group, Inc., which operates the world's largest securities exchange, have entered into a multi-year agreement in which TRAFiX will provide NYSE American Options and NYSE Arca Options Floor Brokers and their respective customers seamless, electronic integration to NYSE Pillar via TRAFiX's advanced options Order Management System and/or global FIX network.
- "In addition to superior performance and determinism, NYSE Pillar will offer NYSE American Options and NYSE Arca Options market participants an open architecture platform, on which we're excited to have TRAFiX be the lead order management system for Floor Brokers," said Ivan Brown, Head of Options & Business Development for NYSE Group.
- "TRAFiX is delighted to be working with NYSE on such a critical project and we are excited to provide the NYSE American Options and Arca Options Floor Brokers with our cutting-edge trading technology.This represents the culmination of extensive efforts by both NYSE and TRAFiX to identify and deliver the most efficient trading solutions to the end users," said Michael Ottrando, Managing Director and Global Head of Sales for TRAFiX.
- "The integration for users between the TRAFiX and NYSE Pillar platforms will enable them to achieve seamless, electronic open outcry workflow with a fully compliant and advanced, broker-neutral Order Management System and global FIX Network."