Correlix Adds Bats to RaceTeam Service

Shawn Melamed, Correlix

Bats Global Markets has signed on to use Correlix’s RaceTeam latency measurement service.

"If you're a Bats participant trading across all venues, you want to understand Bats’ latency in the context of everything else going on right now in the market," says Shawn Melamed, founder, president and CTO of Correlix. "Most equity and options traders are trading across venues and optimizing their trading strategies to make sure they work on one venue as well as on the other venues. Whether you're a

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