NYSE Technologies Adds 4th Story’s Algo Engine via SFTI

NYSE Technologies has agreed to make 4th Story’s customizable algorithmic trading strategy software available as a hosted service within NYSE Technologies’ Secure Financial Transaction Infrastructure (SFTI) Integrated Partner Solutions platform. The pact brings hosted algorithmic strategy-based execution services to the broad trading marketplace.

The relationship will create a completely hosted and fully managed offering that includes the key components of an algorithmic trading environment. These include low-latency depth-of-book market data via NYSE Technologies’ SuperFeed and a FIX messaging infrastructure with optional multi-market risk management tools via NYSE Technologies’ SFTI Sponsored Market Access.

Murray White, senior vice president, NYSE Technologies, says “Working with 4th Story highlights our commitment to bringing the kinds of electronic trading services previously enjoyed by a select few to a much broader audience of users.” White has been a key member of the team behind NYSE Technologies’ strategy to add trading and infrastructure-related technologies to its SFTI distribution environment.

The NYSE Technologies/4th Story solution provides customers with a hosted service that provides speed of deployment, pre-integration of service components and a commercial model well-suited to firms interested in adding strategy-based execution and algorithmic trading services. The SFTI Integrated Partner Solutions platform offers a FIX infrastructure, complete with risk management tools and a broad, comprehensive network for service distribution.