First Derivatives

Collaboration with NYSE Technologies

RNS Number : 3207O
First Derivatives PLC
18 September 2013

18 September 2013

First Derivatives plc

("First Derivatives" or "the Company")


First Derivatives collaborates with NYSE Technologies on a new suite of "As a Service" Trading solutions

- Combines leading data and archiving platforms to create a diverse range of new on-demand services



First Derivatives (AIM: FDP.L, ESM: FDP.I), a leading provider of software and consulting services to global investment banks, brokers, hedge funds and exchanges, today announces that it will be working with NYSE Technologies, the commercial technology division of NYSE Euronext (NYX) to create a new suite of historical data "as a service" solutions for NYX clients utilising First Derivatives' Delta™ product suite. Combining NYSE Technologies' historical and real-time data expertise covering cash, options, futures and corporate actions with First Derivatives' products and market expertise, the Tick as a Service offering will build into a suite of innovative market services for clients to gain efficient access to large data stores for analytical back testing and compliance

"By integrating First Derivatives' suite of services with our diverse portfolio of technology solutions, including our consolidated feed service, we can offer comprehensive data collection, storage, and analysis 'as a service' to our entire global trading community," said Jon Robson, CEO, NYSE Technologies. "This new service will allow participants to move from a client deployed to managed service for the storage, support and delivery of tick history infrastructure to back-test their algorithms and interrogate their data through a flexible, fully-managed solution.  The Tick As A Service offering with First Derivatives is the first of a number of historical data solutions we shall offer."

Brian Conlon, CEO, First Derivatives said, "Our collaboration with NYSE Technologies will deliver substantial benefits to clients - improving time to market while efficiently minimising operational overhead and reducing costs.  I am delighted that First Derivatives is forging a relationship with one of the most capable service providers in the global capital markets community who understand that the community needs managed solutions to address commoditised services and thus release capital for differentiating opportunities."

NYSE Technologies' innovative technology portfolio includes a broad array of real-time, historical and reference data alongside the first-ever capital markets community cloud, a hosted consolidated feed service (SuperFeed), and one of the world's largest FIX-based order routing networks (Marketplace), all seamlessly available across the Secure Financial Transactions Infrastructure® (SFTI®) network.  First Derivative's flagship Delta suite of products include Delta Flow, Delta Data Factory, Delta Algo, Delta Margin and Delta Stream which are used in high volume, low latency environments.  Combining key elements of each company's product sets and unique functionality, NYSE Technologies and First Derivatives will develop a one-of-a-kind solution delivering an innovative suite of high-performance services that enhance real-time trading, CEP, market data and trading applications



First Derivatives plc

+44(0)28 3025 2242

Brian Conlon, Chief Executive

Graham Ferguson, Chief Financial Officer

Charles Stanley Securities
(Nominated Adviser)

+44 (0)20 7149 6000

Russell Cook

Carl Holmes

Goodbody Corporate Finance
(ESM Adviser)

+353 1 667 0420

Diane Hodgson

Linda Hickey

Walbrook PR

+44 (0)20 7933 8780

Bob Huxford

[email protected]

Paul Cornelius

[email protected]

About Delta

Launched in 2008, Delta is a comprehensive suite of high performance real-time trading, CEP, market data and risk management applications. Flagship trading products include Delta Flow, Delta Algo, Delta Margin and Delta Stream which are used in high volume, low latency environments.


About First Derivatives


First Derivatives is a global provider of software and consulting services to the financial services industry. The Delta suite, powered by kdb+, is the distillation of thousands of man years of experience of working with leading innovators in the financial markets and Silicon Valley. First Derivatives currently employs more than 750 people worldwide and has many of the world's top investment banks, exchanges, regulators, brokers and hedge funds as its customers. It has operations in London, New York, Stockholm, Singapore, Toronto, Sydney, Dublin, Newry and Hong Kong. For further information please visit


About NYSE Technologies

A division of NYSE Euronext (NYX), NYSE Technologies provides broadly accessible, comprehensive connectivity and transaction capabilities, data and infrastructure services, and managed solutions for a range of customers requiring next-generation performance and expertise for mission critical and value-added trading services. NYSE Technologies offers a diverse array of products, services and solutions to: the Buy Side, including order routing, liquidity discovery and access to a community of over 630 Broker-Dealers and execution destinations globally; the Sell Side, including high performance, end-to-end messaging software and innovative market data products delivered on the world's largest, most reliable financial transaction network; and Market Venues and Exchanges, including multi-asset exchange platform services, managed services and expert consultancy. With offices across the U.S., Europe, and Asia, NYSE Technologies offers advanced integrated solutions for the global capital markets community, earning the ability to power trading operations for many of the world's best financial institutions and exchanges. For additional information visit:


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