The Warsaw Stock Exchange has chosen NYSE Euronext as its strategic partner for all software development, FOi has learnt. The first joint project will be to develop the WSE’s new trading engine.
The exchange is thought to want to upgrade to a platform capable of handling specialist derivatives trades, including spread trading.
NYSE Technologies won the project over Nasdaq OMX and Millennium IT, the software vendor bought for £18m by the London Stock Exchange Group last year to build...