[ by Howard Haykin ]
 

As previously announced, the NYSE and NYSE MKT cash equity markets will be migrating their matching engine technology to the Universal Trading Platform (UTP) - officially beginninh Monday, 9/24/12, and continuing through the end of 2012.

Keep in mind that customers are not required to make any systemic changes in support of this effort; however, they may optionally take advantage of a new Minimum Trade Size order type that will be activated at the completion of the migration to UTP as well as a new optional service, on a mnemonic basis, that will return Cumulative Executed Quantity and Average price on report and report corrections.

Also, customers should be aware of minor enhancements to order, report and cancel processing detailed in the technical document linked below.

Industry Test.   This Saturday, 9/15, NYSE and NYSE MKT will host an industry test to allow member firms to test trading of NYSE and NYSE MKT symbols in the UTP environment.  Pre-registration is required to participate.  The link below will direct you to the right information.

The UTP matching engine also is currently available in the NYSE User Acceptance Testing (UAT) facility for firms to test the new, optional functionality and regression test existing functionality. Additionally, test symbols are available in production on the UTP platform as well. Customers wishing to take advantage of these services should also contact firmtesting@nyx.com or 888.689.7739, Option 2 for further information.

Logistics for the test are as follows:

• Production systems available at 8:00 am, a normal opening at 9:30 a.m., and an early close at 12:00 pm.
• All Common Customer Gateways will be open for order, cancel, report and drop copy service over production connections.
• All SIP (CT and CQ) and Proprietary Market Data Products (NYSE and NYSE Amex OpenBook Ultra, Alerts, etc) will be available over production IPs and multicast lines.
• The following symbols will be opened, quoted and available for automatic execution.

For further details, go to:  [NYSE Trader Announcements, 9/10/12].