Tag: BATS

March 08, 2016 BY Maria Nikolova

Bats Global Markets partners with T3 Index over SPYIX Market Volatility Index

Bats Global Markets (Bats), which recently underwent corporate rebranding, has partnered with T3Index (T3), part of the Triple3 Partners Group, to launch the SPYIX (“the Spikes”). SPYIX is an index measuring expected 30-day volatility in SPDR S&P 500 ETF (SPY). The SPYIX is calculated using prices from highly-active, electronically-traded multiply-listed SPY options. SPYIX also includes important…

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February 24, 2016 BY Maria Nikolova

Bats names Tony Barchetto Executive VP, Head of Corporate Development

Bats Global Markets (Bats), which recently unveiled its new logo and name changes for some of its businesses, today announces the appointment of Tony Barchetto as Executive Vice President, Head of Corporate Development. The appointment, which represents a promotion for Mr Barchetto, is effective immediately. Mr. Barchetto was previously Senior Vice President, Business Development, at Bats.…

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February 23, 2016 BY Mike Fox

Bats receives SEC approval for client suspension rule to prohibit manipulative behavior

Bats Global Markets (Bats) received Securities and Exchange Commission approval of the Bats Client Suspension Rule, assisting the company in taking swifter action to prohibit manipulative behavior, such as spoofing and layering, on the Bats Exchanges. The Rule, which was approved February 18th, distinguishes itself by specifically addressing disruptive quoting and trading practices, such as…

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January 26, 2016 BY Maria Nikolova

Hotspot Link launches, offers customers to design private liquidity pools

Hotspot, a leading institutional Forex market owned and operated by BATS Global Markets (BATS), today announces the launch of Hotspot Link, a new service that enables clients to create unique, relationship-based, liquidity pools in response to their specific trading needs. Liquidity provision in Forex markets is fragmented and institutions use a large group of banks,…

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November 18, 2015 BY Maria Nikolova

BATS says EDGX Options launched successfully

BATS Global Markets (BATS) today announced the successful launch of its second U.S. options market, EDGX Options, which was granted a regulatory approval by the U.S. Securities and Exchange Commission (SEC) in August this year. The new market, based on a customer priority/pro rata allocation model, launched on November 2, 2015, and implemented a phased rollout…

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November 17, 2015 BY Maria Nikolova

Hotspot says migration of US matching engine to Equinix NY5 center successful

Hotspot, an institutional Forex market owned and operated by BATS Global Markets (BATS), today announced the completion of another major infrastructure development, as the migration of its U.S. matching engine to the Equinix NY5 data center was successfully completed on Monday, November 9th. Hotspot’s U.S. matching engine handled over $106 billion in notional value and…

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