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Home Business BANKS

NYSE Technologies welcomes Banco Carregosa as its first SuperFeed™ customer in Portugal

The FINANCIAL by The FINANCIAL
October 11, 2013
in BANKS
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The FINANCIAL — NYSE Technologies, the commercial technology division of NYSE Euronext (NYX), welcomed Banco Carregosa, a private bank based in Porto, as its first Portuguese SuperFeed™  customer, according to NYSE Euronext.

 

To celebrate Banco Carregosa joining NYSE Technologies’ Superfeed community, Banco Carregosa rang the Closing Bell for the European markets at the Exchange’s Lisbon office.

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SuperFeed™ provides customers with consolidated access to market data from major US, European and Asian markets, in a  single normalised format over NYSE Technologies’ Secure Financial Transaction Infrastructure (SFTI) network. This hosted data vendor service combines the simplicity and cost efficiency of a consolidated feed, with the high performance capabilities of a direct feed.

“NYSE Technologies is delighted to welcome Banco Carregosa as the first Portuguese client to use our consolidated market data service, SuperFeed™ . Banco Carregosa joins the growing international community of clients using SuperFeed as a value-adding alternative for real-time market data. NYSE Technologies has two local points of presence in Lisbon, allowing potential clients access to order routing and market data across the global SFTI network,” said Ian McIntyre, Managing Director,NYSE Technologies.

“Choosing SuperFeed™ as an option to access real time market data will allow Banco Carregosa to boost its competitive brokerage position amongst its customer base.  SuperFeed™, through its cost-efficient and low latency access to global markets, will enable Banco Carregosa to significantly broaden the appeal of its markets and products. Banco Carregosa has becomes the first Iberian Peninsula member of NYSE Euronext to adopt this NYSE Technologies’ solution,”said Miguel Geraldes, Head of Cash Market & Listing, Lisbon and Head of Relationship Management, Iberia.

See also  Historic Bond Issue: The West African Development Bank (BOAD) Raises EUR 1 Billion With a 15-Year Maturity on the International Capital Market

To Banco Carregosa, the first online brokerage service in Portugal launched in 2000, this is another innovative step to meet client’s needs and satisfaction, according to NYSE Euronext.

“SuperFeed™’s low latency and secure delivery of market data will allow us to optimize the Exchange’s SFTI network and provide more value-added tools to Banco Carregosa  clients”, said Paulo Mendes, Board Director of Banco Carregosa. “We will be using the SuperFeed™ to power our proprietary trading platforms, and by  combining state-of-the-art technology, we will be  supporting our clients in making the best investment decisions possible,” he added.

 

 

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