IEX Testing Facility Update

IEX Trading Alert #2017 - 021

Overview

IEX recently expanded the IEX Test Facility ("ITF") to enhance support for non-production testing related to the IEX-listings initiative, including auction functionality (pending SEC approval) and publishing of multicast data feed products TOPS v1.6 and DEEP v1.0.

IEX is planning an additional upgrade to the ITF environment between Wednesday, July 19 and Friday, July 21, 2017. As a result, the ITF environment will be unavailable during this time for those Members who connect to the ITF via the internet or production cross-connects. Members connecting to the ITF via dedicated ITF cross-connects will be unaffected and may continue to use the ITF during this upgrade period without interruption.

Accessibility of the ITF via the internet will resume on Monday, July 24, 2017. Access to the ITF via existing production cross-connects will be decommissioned, and users will be required to connect either through a dedicated ITF cross-connect or over the internet. Access to multicast data feed products will only be available via an ITF cross-connect. FIX certification will continue to be available via internet connectivity.

Connectivity

As noted above, access to the ITF via production cross-connects will be decommissioned beginning July 19, 2017. Users who wish to connect to the ITF via cross-connect must submit a Physical Connectivity Order Form to Market Operations to order a new cross-connect dedicated to ITF connectivity as soon as possible. 1Gps interfaces are the default physical interface available into the ITF. For additional information, please see the IEX Connectivity Manual.

Access to Functionality

The following pieces of ITF functionality are available through the defined method of connectivity to the environment.

ITF Functionality ITF Cross-Connect Internet Connectivity
FIX Ports for Certification Yes Yes
FIX Ports for Testing Yes Yes
TCP Data Products (i.e., DROP) Yes Yes
Multicast Data Products (e.g., TOPS) Yes No

The ITF is available Monday through Friday from 7:00 a.m. to 9:00 p.m. ET.

Fees

IEX will not charge users for connectivity or access to the ITF, and usage of the ITF is a free service offered by the Exchange. However, data center cross-connect fees are the responsibility of each user.

More Information

Please contact IEX Market Operations, Network Operations, or Sales with any questions:

About IEX

IEX is on a mission to build fairer markets. Founded in 2012 and headquartered in New York City, IEX introduced its first trading venue in 2013 and launched as a U.S. stock exchange in 2016. IEX is the stock exchange that believes that every investor has the right to trade on equal and fair terms, on every trade. Learn more at: iextrading.com.