The New York Stock Exchange is to create 400 jobs in Northern Ireland, following a high profile visit to the province by US Secretary of State Hillary Clinton.
The NYSE said it would be investing to set up technology service centre at the Adelaide Exchange Building in Belfast. The centre will be developed over the next two years.
The news was announced by NYSE chief executive Duncan Niederaur at Stormont. Niederaur said that the decision to invest in Northern Ireland was taken because of the technical skills of the local people and because of the development of a personal relationship with Northern Ireland’s political leaders.
The NYSE made a foray into Northern Ireland 18 months ago when it bought a software firm in the province.
Earlier this month US Secretary of State Hillary Clinton visited Northern Ireland and met with a number of key business and political leaders. Clinton said that since 1994 US investment had helped create 20,000 jobs in the province, which otherwise depends largely on the public sector for employment.