SIAC Upgrades Market Data Feeds to Pillar Technology

NYSE’s affiliate SIAC upgraded the Consolidated Tape Association’s (CTA) equity trade and quote data feeds to Pillar technology. SIAC is the Securities Information Processor (SIP) for CTA and the Options Price Reporting Authority (OPRA). Pillar now brings increased speed and resiliency to SIAC’s processing of the CTA consolidated trade and quote data feeds for equity securities listed on NYSE (Tape A) and Cboe, NYSE Arca, and NYSE American (Tape B). SIAC expects Pillar to reduce CTA quote consolidation processing time by more than two-thirds.