BATS Enlists QuantHouse, Updates Multicast

The deal adds to an existing relationship with UK-based low-latency data and trading technology vendor Fixnetix, which has supplied Euro-pean market data to BATS Europe since the MTF's launch in 2008 (IMD, Sept. 29, 2008).

BATS uses the data from other European exchanges and rival MTFs to support order types such as pegged orders, as an input into market analytics, and to support its recently announced smart order-routing service.

BATS Europe chief executive Mark Hemsley says the MTF selected a

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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