04.05.2019

NYSE Preps for Final Pillar-Migration Phase

04.05.2019

NYSE’s multi-year migration to its Pillar integrated trading platform is onits final leg as the exchange operator prepares for the mid-year launch of its NYSE Pillar Gateway.

The platform enables users to connect to NYSE’s equities and options markets using a single platform.

“It provides our clients with more efficient processing, shorter time to market for ongoing enhancements, and simplified, harmonized order types, terminology and messaging across all our markets,” a spokesperson told Markets Media.

As part of the rollout, NYSE will introduce new functionality across its markets and infrastructure in phases over the next three months to prepare for the Tape A Pillar launch.

The new capabilities will be available on NYSE National, NYSE American, and NYSE Arca beginning April 8, April 15, and May 13 respectively. For NYSE B/C and Tape A Shadow, NYSE Pillar Gateways, and NYSE Tape A Production, the dates are April 29, June 3, and July 15.

“The rollout plan was designed to minimize client disruption and manage risk,” said the spokesperson. “We have already completed the migration of NYSE Arca, NYSE American, NYSE National, and Trading Tapes B and C on NYSE.”

The exchange operator has published updated details on new functionality regarding auctions, order handling, gateways, market, data, and other general issues.

NYSE has made the new functional changes available in its Pillar certification test environment for all of the securities listed on the NYSE, NYSE American, NYSE Arca, and NYSE National Markets.

Clients can access the NYSE Pillar certification environment via their existing certification sessions.

Pension funds, sovereign wealth funds, endowments and other institutional asset owners are sitting on vast troves of data -- but extracting value from that data is more challenging than ever.

#AssetOwners #DataQuality

Technology costs in asset management have grown disproportionately, but McKinsey research finds the increased spending hasn’t consistently translated into higher productivity.
#AI #Fiance

We're in the FINAL WEEK for the European Women in Finance Awards nominations – don't miss your chance to spotlight the incredible women driving change in finance!
#WomenInFinance #FinanceAwards #FinanceCommunity #EuropeanFinance @WomeninFinanceM

ICYMI: @marketsmedia sat down with EDXM CEO Tony Acuña-Rohter to discuss the launch of EDXM International’s perpetual futures platform in Singapore and what it means for institutional crypto trading.
Read the full interview: https://bit.ly/45xRUWh

Load More

Related articles

  1. Buy Side Forced to Review Collateral Arrangements

    David Martin has joined AsiaNext as CEO of derivatives at the institutional digital asset exchange.

  2. SIP Speeding Up

    Switzerland & Liechtenstein will move to T+1 on 11 October 2027, in coordination with the EU and UK.

  3. Pool tokens allow a range of already tokenised assets to be put together into a new token.

  4. BrokerTec expands in Europe

    The group has accelerated growth through acquisitions, geographic expansion and diversification.

  5. Best Exchange Operator - NYSE Euronext

    Carta serves nearly 1,000 late-stage companies and has designated NYSE as its preferred public listing venue.

We're Enhancing Your Experience with Smart Technology

We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] By continuing to use our services after Aug 25, 2025, you agree to these updates.

Close the CTA