National Stock Exchange

National Stock Exchange

  • 440 S la Salle St Ste 2600
  • Chicago, Illinois
  • 60605-5016

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Raj Mahajan, president of SunGard's trading business, said, "NSX and SunGard share a customer-centric focus and approach to running our businesses. We strive to present our customers with cost-effective, innovative solutions, across the entire trade lifecycle.

Founded in 2000, Portware LLC is the financial industry's leading developer of broker-neutral, automated trading software for global equities, futures, options and FX. With offices in New York, London, Hong Kong, and Hyderabad, Portware works in partnership with its clients to create highly integrated solutions to streamline workflow and increase operational efficiencies on trading desks worldwide. Portware's flagship product, Portware Enterprise, is a fully customizable, FIX-compliant trade management and execution system for single asset, portfolio, basket, automated and algorithmic trading. Portware Enterprise has been implemented at more than 130 financial firms worldwide, including sell-side program trading desks, quantitative hedge funds and investment management firms. For more information on Portware, visit www.portware.com.

"We are gratified that our unique model is enabling all of our customers to carry out their own business objectives - with some continuing to achieve new volume milestones. Their success is a strong indication that we are successfully executing against our business plan and reinforces our commitment to aligning our interests with those of our customers and strategic investors," Mr. Rizzello said.

Joseph Rizzello, chief executive officer of NSX, said, "We have a commitment to our clients to provide cutting edge technology and keep our cost structure low. SunGard worked with us to tailor a custom solution with competitive pricing that meets our own unique needs and will help us reduce our operational expenses.

NSX is the cost-effective provider of exchange services, committed to aligning its interests with those of its customers. Founded in 1885, NSX has been a driving force for change in the world of securities exchanges and continues to lead the way in exchange innovation.

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