NYSE National — a fully electronic market that combines the high performance of NYSE Pillar technology with a “taker/maker” fee schedule — aims to deliver greater choice to investors. With the highest exchange rebates available for removing liquidity, NYSE National is an attractive trading venue for investors using fee-sensitive strategies to take liquidity or for passive traders seeking to minimize their time-to-fill.
Tracing its history back to 1885 to when it was the Cincinnati Stock Exchange, it later became the world’s first stock exchange to become a fully automated, screen-based trading system in 1985. It is fitting that in its new life as NYSE National that it operates on the NYSE’s state-of-the-art trading system, NYSE Pillar.
NYSE National uses NYSE Pillar order entry/market data protocols and order types, allowing for easy adoption by the trading community. Additionally, it offers an aggressive fee schedule to encourage participation, including free membership and proprietary market data.
Specifications
Key Features
ICE offers real-time and delayed data from NYSE National Level 1 and Level 2 services, providing transparency into pricing, depth of book, and trading activity.
Products
Buy-side and sell-side front offices continue to embrace more data and more technology in order to expand their opportunities and gain an edge over the competition. Enrich front office systems with ICE’s Data API solution, providing intraday access to fixed income pricing, on-demand analytics, reference data and more.
ICE Consolidated Feed is ICE’s Resilient, distributed and normalized Market data solution: providing Realtime access to Level 1,2 & 3 Market Data, News and Fundamental datasets through zero-footprint and throughput optimized API and connectivity options.
ICE Consolidated History is ICE’s Bulk History Offering: providing incremental updates and direct access to ICE’s archive of up to 15 years of tick-by-tick Level 1,2 and 3 historical tick level Market Data.
ICE Connect brings together access to cutting-edge trading tools with real-time cross-asset data, global news, and analytics all on one platform. Whatever your role, our platform can be tailored to your workflow for optimal efficiency.