NYFX Nyfix (MM)

NYFIX, Inc. (Nasdaq: NYFX), a leading provider of innovative solutions that optimize trading efficiency, announced today a single-day record for the number of shares matched in its Euro Millennium dark pool crossing network. The range and volume of liquidity in Euro Millennium has grown dramatically in the past three months with clients resting record volumes of order flow in the pool. On yesterday�s record day, the available liquidity in the pool exceeded �35.7 billion with more than 1,000 different European stocks being represented and 23 million shares matched. Euro Millennium clients have also experienced price improvement and reduced market impact across a broad range of stocks with different market capitalisations. In November, the average price improvement for all trades was 14 basis points. Chris Smith, Director, NYFIX International, comments: �Crossing networks like Euro Millennium are proving their value and providing clients with greater price improvement and reduced market impact over lit books. In the past few months, the depth and breadth of liquidity in the pool has grown to new heights as buy-side and sell-side clients have become more familiar with the benefits of the service.� NYFIX Chief Executive Officer Howard Edelstein adds: �We are pleased with the recent progress of Euro Millennium. NYFIX�s agency-only model, which has no proprietary trading risk, together with our strong balance sheet and healthy cash position, has given us the flexibility to make significant strategic investments like Euro Millennium.� Euro Millennium is a neutral and transparent crossing network that offers real-time continuous matching at or within the best bid and offer of the primary exchange. With the flexibility of various trading execution options Euro Millennium enables firms to meet their execution objectives without concerns for information leakage. Since its launch in March 2008, Euro Millennium�s buy- and sell-side clients have experienced: Reduced Market Impact and Optimal Price Improvement. Executed trades ranging from large-cap to small-cap stocks, achieved an average price improvement in November of 14 basis points. More specifically, averages for FTSE indices include: FTSE 100 ��7.64 bps FTSE 250 � 26.05 bps FTSE Small Cap � 79.65 bps Depth of Liquidity. Euro Millennium continues to set new volume records with single days reaching �35.7 billion of available liquidity, �63 million in matched consideration and over 23 million shares being matched. Breadth of Liquidity. Liquidity is available daily in more than 1,000+ stocks across the UK, Belgian, Dutch, French, German and Portuguese markets. In addition, SWX Group�s SWX Swiss Block, which is powered by Euro Millennium, is now available for trading Swiss blue chip equities. Market Ratios. In the past few weeks, Euro Millennium captured significant market ratio in single stocks across all market capitalizations. Sample below: Market Ratios** � Exchange � Security Market Ratio Date Market Capitalization � London AGARANGEMASTER ORD 65.36% 2-Dec SMLL CAP � London BIG YELLOW GRP 61.73% 30-Oct MID CAP � London EVOLUTION GROUP ORD 20.03% 27-Nov SMLL CAP � London KIER GROUP 18.20% 28-Oct MID CAP � London EUROMONEY INSTIT 17.92% 28-Oct MID CAP � Frankfurt TAKKT ORD 8.90% 30-Oct SMLL CAP � Paris FIMALAC 3.59% 2-Dec MID CAP � Lisbon EDP RENOVAVEIS ORD 2.82% 2-Dec LARGE CAP � ** Executions on Euro Millennium divided by executions on primary exchange (excl. OTC) x 100 Workflow Integration. Euro Millennium is integrated with ten of the leading European trade order management (OMS) and execution management (EMS) systems to enable efficient access to the pool from within a trader�s existing workflow. About NYFIX, Inc. A pioneer in electronic trading solutions, NYFIX continues to transform trading through innovation. The NYFIX Marketplace� is a global community of trading counterparties utilizing innovative services that optimize the business of trading. NYFIX Millennium� provides the NYFIX Marketplace� with new methods of accessing liquidity. NYFIX also provides value-added informational and analytical services and powerful tools for measuring execution quality. A trusted business partner to the buy-side and sell-side alike, NYFIX enables ultra low touch, low impact market access and end-to-end transaction processing. For more information, please visit www.nyfix.com. Caution Regarding Forward Looking Statements This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Actual future events, circumstances, performance and trends could materially differ from those set forth in these statements due to various factors, including but not limited to: general economic conditions; the effects of current, pending and future legislation; regulation and regulatory actions; actions and initiatives by both current and future competitors; our ability to accommodate increased levels of trading activity and keep current with market data requirements; the risks related to the ability of NYFIX to develop and market its products and services; NYFIX�s success in obtaining, retaining and selling additional products and services to clients; the pricing of products and services; stock market activity; the ability of NYFIX�s Transaction Services Division to maintain third-party assistance to access exchanges and other important trading venues; changes in technology; the availability of skilled technical associates; the ability of NYFIX to obtain necessary network equipment, technical support or other telecommunications services or being forced to pay higher prices for such equipment, support or services; and the impact of new acquisitions and divestitures; and other risks and uncertainties including those detailed in our SEC filings; as well as future decisions by us. There can be no assurance that the forward-looking statements will prove to be accurate and the inclusion of such information should not be regarded as a representation by NYFIX or any other person that the objectives and plans of NYFIX will be achieved. In addition, the forward-looking statements included in this press release represent NYFIX�s views as of the date of this press release. NYFIX anticipates that subsequent events and developments will cause NYFIX�s views to change. However, while NYFIX may elect to update these forward-looking statements at some point in the future, NYFIX specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing NYFIX�s views as of any date subsequent to the date of this press release. All trademarks, trade names, logos, and service marks referenced herein belong to NYFIX, Inc.