Bats Europe Gains FSA Approval

The newly minted MTF plans to roll out trading in the first 10 U.K. securities on Oct. 31, followed by additional trading in the London Stock Exchange (LSE), NYSE Euronext and Xetra securities by Nov. 19.

The European markets division of Bats is currently in general testing, according to officials. "We never stop testing our system to ensure it can meet the needs of market participants," says Randy Williams, vice president of sales and communications at Bats. Clients are also currently testing

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Crypto exchange EDX takes its tech into its own hands

The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.

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