BATS Chi-X Europe Preps Tech, Markets Migration; Data Fee Discussions Ongoing

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Mark Hemsley, chief executive, BATS Chi-X Europe

Newly-merged multilateral trading facility BATS Chi-X Europe is transitioning clients of services previously provided by Chi-X—including the MTF’s market data feeds, which requires revised market data agreements between the venue and some subscribers—to consolidated services ahead of April 30, when Chi-X’s lit and dark pools migrate to the BATS Europe technology platform.

The merged entity last week set out details of the technical migration that will take place before April 30. The merged MTF w