NYSE TransactToolsSM, a subsidiary of NYSE Euronext (NYSE Euronext: NYX), today announced that Kershner Trading Group has selected TCM6 to automate their trading environment.
According to Bob Schulz, President and CIO of Kershner Trading, âWe needed a solution that would best empower our traders with low latency access to pools of liquidity, one that compliments our own proprietary trading and analysis software and one that can grow with our business.â
Kershner Trading conducted a full analysis to determine whether they should build or buy a solution and if they bought, which solution would be best. âIn the end, the TransactTools TCM6 solution won based on high throughput and low latency, broad access to pools of liquidity, high availability, monitoring and control capabilities, overall time to market and development flexibility. Our testing verified the
performance metrics and scalabilityâ said Bob Schulz. âNYSE TransactTools is also extremely well aligned with our business. We are always looking to quickly gain access to new destinations and give our traders an edge.â
âIn an industry thatâs evolving as rapidly as ours, getting to market quickly and with technology thatâs smart and will scale for the future is critical for staying competitive,â said Sam Johnson, NYSE Euronext Executive Vice President and CEO of NYSE TransactTools. âWeâre pleased that Kershner has chosen our TCM6 after evaluating alternatives, and we look forward to working with Bob and his team as they aggressively expand their business.â