BATS Glitch Is Latest to Highlight the Complexity of the MarketsJanuary 11, 2013The complexity of modern markets means there are bound to be more events such as the systems error that led to hundreds of thousands of trades being executed improperly on BATS Global Markets.
NYSE Set To Reopen on Wednesday After Historic Battle of WillsOctober 30, 2012As Hurricane Sandy barreled towards the East Coast on Sunday night, NYSE Euronext was locked in a battle of wills with trading firms over whether to open at all on Monday.
Celoxica Launches Feed Handlers For Two European Cash MarketsApril 24, 2012Expanding its hardware-accelerated feed handlers, Celoxica will support NYSE Euronext and Xetra cash equity markets, and plans to support the Chi-X user migration to the BATS Europe tech platform.
Did a Rogue Algo Cause BATS IPO Crash?April 04, 2012A market data firm traced the crash of BATS' IPO to a single algorithm that executed over 500 times on Nasdaq, driving its price from $15.25 to about two cents in less than a second.
BATS Sheds Light on Software Glitch that Scuttled IPOMarch 27, 2012According to BATS COO, Chris Isaacson, the electronic exchange operator successfully completed the IPO auction, but had a problem transitioning to continuous trading.
BATS Exchange Receives SEC Approval for Market Maker ProgramFebruary 06, 2012Designed for BATS' new U.S. primary listings business, the competitive liquidity provider (CLP) program is designed to incent market makers to make tighter quoted spreads for each listing on BATS.
PDQ ATS Rolls Out New Order Type February 02, 2012With Parallel Posting, equity traders can colocate passive orders in multiple venues simultaneously and then automatically rebalance the remaining bids and offers at the most active venues.
Deustche Bank's SuperX Ranked As Largest Dark Pool in EuropeJanuary 31, 2012Rosenblatt Securities ranked SuperX as the largest by volume in its monthly dark pool market share index, comprised of a universe of 18 liquidity pools across Europe.
New Equity Trading Venue Inserts Speed Bump November 09, 2011PDQ ATS offers an electronic auction market with a 20 millisecond pause, arguing that a slowdown benefits liquidity.
Goldman Sachs Launches Sigma X CanadaAugust 18, 2011Offering a broad set of liquidity in Toronto Stock Exchange listed securities, Sigma X is based on GSET's matching technology.
Omega ATS Displays Free Quotes on Canadian BondsAugust 17, 2011Shining the light on an opaque Canadian fixed income market, Omega displayed the real-time prices on its web site — after some vendors declined to add its symbology.
Attack of the BotnetsApril 06, 2011The emergence of botnets and other off-the-shelf cyber-crime tools has transformed hacking into a point-and-click process.
