NEW YORK, April 8 (Reuters) - NYSE Euronext NYX.N said on Friday it had successfully moved all of its U.S. trading platforms and related exchange services to a new data center in New Jersey to bring to a close a months-long migration.
The move to Mahwah, an outlying suburb of New York City, started in mid-2010 and is key to NYSE Euronext’s vision of global markets in the future. The migration and upgrading of services also includes a new data center in Basildon, England.
“We started this massive project over three years ago and we are very pleased to see them fully functional and available to customers on schedule,” a NYSE Euronext spokesman said.
“We built these data centers to create an easily accessible, high-performance community,” he said.
The migration, which is part of efforts by NYSE Euronext to compete more effectively for high-frequency traders, comes as the company is at the center of a worldwide consolidation of exchange operators.
The last services to move to Mahwah were NYSE Arca equities and both of NYSE Euronext’s options exchanges, NYSE Arca and NYSE Amex options. More than 4,500 equities listed on the New York Stock Exchange and NYSE Amex started the first phase of the move in August 2010.
NYSE Euronext said that it is the first exchange operator to build its data centers from the ground up.
The move puts the complex at Mahwah and all of the exchange operations under NYSE Euronext control. The speed at which transactions move, called latency in trader parlance, has been reduced to about 50 microseconds from 150 microseconds.
Primary matching engines, co-location services, direct data feeds, what is known as infrastructure on-demand and other services are now located in the data center. (Reporting by Herbert Lash; Editing by Phil Berlowitz)