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.
IPC Systems Adds BATS Europe to its Global Markets NetworkNovember 02, 2010IPC Systems, a maker of trading communications tools, announced the extension of their global financial markets network to BATS Europe, the second-largest European multilateral trading facility.
Interxion Offers Low-Latency Access to BATS Europe July 13, 2010BATS Europe's system latency averages 350 microseconds, including matching engine latency of 250 microseconds and circuit latency of 100 microseconds.
BATS To Compete with NYSE and Nasdaq for ListingsDecember 18, 2009Kansas City exchange hopes to offer listings next summer, to attract small companies, exchange-traded funds and companies that don't meet the existing U.S. exchanges' standards.
BATS, Nasdaq Drop All Flash Orders; Direct Edge Drops SomeAugust 06, 2009Updated: Along with Nasdaq's and BATS' voluntary moratorium on flash order services, Direct Edge has dropped a plan to offer a similar service, although it still offers a type of price preview.
