The NYSE Euronext Internal Matching Service provides a readymade internalization solution, combining the benefits of in-house matching with the liquidity of a Regulated Market. It is open to all members, regardless of size, trading strategy or volume. The IMS’s matching algorithm identifies and executes internalization opportunities, applying a price-member-time priority. Orders are settled directly by the originating member firm, optimizing order flow and reducing transaction costs.
For more information, please view the Internal Matching Service Factsheet, Internal Matching Service Subscription form, or contact your relationship manager.