Paris, 26 July 2010 – NYSE Euronext today announced that it is creating the first pan-European Multilateral Trading Facility (MTF) for corporate bonds, making it the first market operator to respond to the specifications issued by the Cassiopeia Committee on 26 April 2010.
This new platform will be open to all regulated institutions authorized to operate in Europe and seeking to trade, among professionals, fixed and floating-rate bonds denominated in euros and issued by non-sovereign issuers. Using technology based on the Universal Trading Platform, it will allow financial intermediaries to reap the full benefits of the platform's scalability, capacity, ultra-low latency and resiliency.