NYSE Arca, Amex Upgrade Technology

NYSE Euronext’s U. S. options exchanges, NYSE Arca and NYSE Amex, have completed the first phase of a technology upgrade program that will double their capacity. The initial phase of the capacity expansion program was completed in the fourth quarter of last year, while the final phases of the program are expected to finish in the second quarter of 2011.

In the first quarter of this year, NYSE Euronext’s U.S. options exchanges will migrate to its Liquidity Center in Mahwah, New Jersey. The transfer of the options exchanges to the Universal Trading Platform will provide various benefits, including the ability to quickly launch new trading applications that support distinct market structures and faster time to market for new functionality and performance improvements.

Click here for the release from NYSE Euronext.