BATS Trading is advising clients to upgrade their connectivity to the Kansas City, Miss.-based ECN to prevent delays to its PITCH datafeed. Officals say that recent surging volumes triggered peak message rates higher than could be supported by the minimum T-1 lines that BATS recommends.
In a letter to data subscribers and prospects, BATS chief executive Dave Cummings advised firms who are "concerned about performance" to ensure their lines can support rates of 3mbps (megabits per second)—doub
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails