Information on the BATS transition from ECN to Exchange and how it will effect you.
BATS TOP market data feed offers up to a 66% reduction in events and an 84% reduction in bandwidth compared to BATS' PITCH market data feed.
BATS' Dark Scan offers subscribers the opportunity for price improvement and reduced access fees.
BATS' Dark Match pricing provides lower access fees for executions against hidden liquidity based on execution size.
| Securities |
Adding
Liquidity |
Removing
Liquidity+ |
Routing
Out |
Directed
ISO's |
| Tape A (NYSE Listed) |
$.0024 |
$.0025 |
$.0029* |
$.0035 |
| Tape B (Regionals) |
$.0030 |
$.0025 |
$.0029 |
$.0035 |
| Tape C (Nasdaq Listed) |
$.0024 |
$.0025 |
$.0029** |
$.0035 |
| Securities under $1 |
FREE |
FREE |
0.29%*** |
$.0035 |
Mr. Ratterman explains the significance of this BATS milestone as the company reports record growth in volume and market share in July.
08/18/08 BATS plans to operate as a fully-licensed securities exchange within 60 days.
08/15/08 BATS anticipates more routing to its platform upon Exchange approval.
08/04/08 Leaders in Infrastructure, Sales, Compliance and Finance are announced.
07/31/08 BATS' Dark Scan order type adds more opportunities for subscribers to attain the best fills for their orders.
07/10/08 BATS provides AOL with free, real-time market data, reaching more than 15.2 unique visitors each month.
07/01/08 Knight Link becomes BATS' latest Dark Scan destination, giving BATS subscribers an additional opportunity for price improvement and lower access fees.
06/26/08 BATS will push to cut the more than $430 million that brokers pay annually for stock quotes once it gains regulatory status as a securities exchange.
06/02/08 BATS partners with EMCF, a Fortis division, to provide clearing services for BATS' European Markets Division.
05/30/08 BATS CEO Joe Ratterman reveals BATS "secret sauce" that makes its European expansion possible, explains the company's Dark Liquidity initiatives, and discusses the new free market data agreement with Yahoo!
05/28/08 BATS stock quotes to be shown in real-time to 19.5 million users of Yahoo's finance web pages.
05/21/08 Announcing the opening of an expanded New York office at 14 Wall Street and two new additions to its sales team.
05/05/08 BATS Connects to Liquidnet, ATD to lower transaction costs for investors.
04/16/08 Ex-LIFFE MD and Veteran Morgan Stanley Executive Hit the Ground Running
|
Book Viewer |
|
|
|
