NYSE Euronext, whose US business came under fire last year for lagging nimbler competitors' technology strategies, has bought a supplier of market data systems in a bid to help capture the high-speed trading volume that risks falling into rivals hands.
The exchange, created from the merger of Europe's Euronext and the New York Stock Exchange last year, has spent $200m (â¬134m) on Wombat Financial Software in its first purchase of a specialist technology supplier to date.
