To complete this stage, SLIB adapted its software products: SLIB Trading, SLIB Routing, SLIB Market Feed Premium and SLIB OMS to the enhanced contents and dynamics of messages compliant with the new MMTP-UTP protocol.
Committed to an ambitious and tight work plan, SLIB, along with the technical teams of NYSE Euronext, was deeply involved in the tests and finely tuned the last adjustments to lastly obtain the products certification from the teams of NYSE Euronext Customer Technical Support (CTS).
The migration of equities and ETFs will complete this stage on February 16 2009, subsequently all instruments should have moved to the UTP by the end of 2009 third quarter.
Next milestones will allow switching to the new protocols for faster and more flexible access. In this occasion, SLIB will set up the connectivity SFTIÂ® at the beginning of 2009 and will accompany step by step all its customers towards this new network.
The layout of this technical foundation will permit to engage the last phase of the project: the efforts of SLIB will then concentrate on the implementation of the modules to collect market data in the new UTP MD format and the market connectivity modules in UTP FIX format which will enable SLIB customers to fully benefit from the new engine capabilities in terms of extensive order types and characteristics.