An industry initiative to start a new US exchange promises much, but it may struggle to deliver without a clearer purpose.
Former Bats exec will take on chief ops and president role at fixed-income venue.
Harkins' new division unites the exchange group's equities and derivatives markets and supporting business functions.
The microwave data provider's latest improvements bring it closer to the physical limits of low-latency wireless data transmission between Illinois and New Jersey, officials say.
Saro Jahani will start April 14 and be based in New York.
The fees will target internal use by trading firms and non-display use by other markets for onward-routing.
The new market will offer a different matching model but will leverage the same technology and feeds as BATS' other markets.
Could another IPO attempt be in the offing?
EDGA and EDGX now running on new tech foundations.
Exchange operator pays $14m to regulator over legacy issues.
Interactive Data will provide connectivity to matching engines operated by BATS Global Markets and Direct Edge once the merged exchanges migrate their operations to Equinix's NY5 datacenter in Secaucus, NJ in January 2015.
BATS Global Markets has delayed the launch of its BATS One consolidated feed of data from the four equities markets operated by its BATS and Direct Edge exchange, after the Securities and Exchange Commission extended its 45-day period by a further 45…
BATS Global Markets has announced the immediate departure of president William O'Brien, who joined the company in January following its merger with Direct Edge, where he was chief executive.
BATS Global Markets is preparing to release a feed of market data that provides a base of information from all four equities markets run by its BATS and Direct Edge exchanges, following the merger of the two exchange operators at the start of this year.
Bloomberg has begun making full-depth Level 2 market data from BATS Global Markets' Direct Edge exchange available via its Bloomberg Professional terminal and B-Pipe datafeed to existing subscribers to Direct Edge's Level 1 data.
BATS Global Markets' Direct Edge Exchange is expanding its attributed trading program to allow participating firms to show their order flow as being comprised of retail orders, rather than revealing their identity.
Wherever you feel at home, your location is ultimately only as good as the leverage it provides.
BATS Global Markets will ensure that trading members of its BATS and Direct Edge exchanges will experience the same latency whether they co-locate in datacenter provider Equinix’s Secaucus, NJ NY4 or NY5 facilities when the US equities and options…
Among the integration questions that needed answering when BATS and Direct Edge agreed to merge regarded that of their respective datacenters. BATS had its exchanges situated at Savvis' NJ2 facility in Weehauken, New Jersey. Direct Edge's were located at…
BATS has selected Equinix as its primary data center provider for all of the BATS exchange platforms, including the Direct Edge exchanges EDGA and EDGX.
As part of its efforts to integrate the operations of its recent Direct Edge acquisition, US stock and options exchange operator BATS Global Markets will migrate both markets' trading technology to Equinix's new NY5 datacenter next year under a long-term…
Bats Global Markets has announced the completion of its merger transaction with fellow US exchange group Direct Edge.
Bats Global Markets and Direct Edge have announced that the US Securities and Exchange Commission (SEC) has given the green light for their planned merger.
The IntercontinentalExchange (ICE) this week announced the successful completion of its $11 billion stock and cash acquisition of NYSE Euronext. But challenges still lie ahead for the two exchanges, which now face the prospect of a much greater…