This excerpt taken from the NYX 10-K filed May 1, 2007.
The NYSEs trading systems include the following major components:
Display Book®, which is a high-performance
trading system used for automatic quotation of incoming limit orders, is the principal trading system used by specialists under the NYSE Hybrid MarketSM . It also provides a set of tools that are used by specialists and their trading assistants to keep track of all incoming market and limit orders and provide information display, order management
capabilities, research tools, trade execution, access to regional exchanges and quote dissemination;
SuperDot®, which is a system that processes approximately 99% of electronic market and limit orders received from member organizations and routes them to broker systems or Display Book®;
Broker Booth Support System®, which is a full-service order management system supporting straight-through electronic order processing and reporting for member organizations on the floor of the NYSE;
Common Message Switch, which provides member organization access to the NYSEs order processing systems for routing and processing of orders that are destined
for the Display Book® system or the Broker Booth
NYSE e-Broker® Handheld Data Devices, which are mobile wireless handheld devices running the NYSE e-Broker application that permit member organizations on the floor to receive orders, access the
Display Book®, report transactions on the floor,
and generate messages to customers regarding current market conditions; and
SFTISM, a product of SIAC, which offers financial institutions a resilient connection to the NYSE through a diversified set of major telecommunications providers. SFTISM offers designated access points throughout the U.S. and through a highly resilient and redundant infrastructure that routes around failed circuits
automatically. Network security is provided by a multi-tier security architecture known as NYSE Common Access Point®, which allows secure external access to all NYSE
products and services.
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