NYSE Pilots 24/7 Trading Infrastructure

The New York Stock Exchange is developing its own alternative trading system (ATS) to enable 24/7 asset trading with blockchain-based settlement. One of the blockchains under consideration is Avalanche: the exchange is looking at Avalanche as a possible integration for this new infrastructure.

ICE Weighs In

ICE, the parent company of NYSE, says Avalanche checks a lot of boxes for the upcoming system as they evaluate different blockchains. The ICE team is already actively engaging with Avalanche, but they haven’t made a final call on which blockchain will be used.