NYSE suggests order routing link with Warsaw
NYSE Euronext has confirmed that its agreed technology tie-up with the Warsaw Stock Exchange, reported by FOi last week, includes the potential for an order routing deal with the Polish bourse.
NYSE Technologies will build the WSE a version of its Universal Trading Platform for its cash and derivative markets.
The two bourses have pledged to explore new trading, market data and business development initiatives, serving investors and issuers of a wide range of financial instruments. NYSE said the move could bring WSE products onto its SFTI connected community.
“The undertaking we are now starting with NYSE Euronext is, without any doubt, one of the most significant moves aimed at developing the WSE further as an international market place,” said Ludwik Sobolewski, CEO of the Warsaw Stock Exchange, in a statement.
“It is a direct consequence of the strategy adopted and...