NYSE Euronext may enter the currency trading markets as part its plan to expand its technology division, The Wall Street Journal reports. The exchange operator is planning to bring trading platforms and other participants in the foreign exchange markets as customers for its two new data centers in New Jersey and Basildon, England.
Goldman Sachs is developing a private share-trading venue, Sigma X, at the Basildon facility. NYSE Euronext is aiming to generate $1 billion in annual revenue by 2015 from its information services and technology solutions division.
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