BATS Chi-X Europe
Four years of academic study on HFT yields complicated results
A transatlantic group of researchers has examined a treasure trove of market data to see whether or not high-frequency trading is a necessary component of today’s market structure. The answer is largely ‘yes,’ but with caveats.
Power to the People: Will MiFID II Data Disaggregation Deliver on Cost Control Promises?
MiFID II’s data disaggregation requirements aim to reduce data costs by forcing marketplaces to unbundle datasets and sell consumers only the specific data they need. But in reality, this seemingly simple and cost-reducing idea could make buying and…
Bumpy Ride Ahead for EU Benchmarks Under BMR
Regulators turn their attention from one type of benchmark to another, prompting some firms to hive off index businesses, and leaving those that remain-and the acquirers-with significant compliance burdens.
Bats Europe, Bloomberg Join Forces for Mifid II Trade Reporting
Bloomberg’s clients can connect to Bats’ APA for all their equities reporting obligations.
Bats Europe, Factset Ally for Brexit Benchmarks
The Bats-FactSet Brexit 50/50 indexes precede the British prime minister officially invoking article 50 on March 29.
Brexit Undermines MiFID Data Foundations
Even after Britain leaves the European Union, financial firms wanting to do business within the EU will need to comply with MIFID II. But removing the UK from EU markets could still derail new European trading and transparency rules. Samuel Wilkes…
Plato Partnership, Turquoise Agree on Collaboration
Collaborative group of buy- and sell-side firms to operate three Turquoise equity dark pools; aims to increase equity block trading efficiency.
Turquoise, Plato Partnership Join Forces
Collaborative group of buy- and sell-side firms to operate three Turquoise equity dark pools; aims to increase equity block trading efficiency.
Neonet Offers Access for BATS Periodic Auctions Book
Agency execution broker Neonet has announced it is to provide access to newly launched BATS Periodic Auctions Book.
SETL Initiative Announces Blockchain-Based Settlement Platform
System will enable market participants to move cash and assets directly between each other, facilitating immediate and final settlement of market transactions.
BATS Pushes MMT for BXTR Reporting
Pan-European equity exchange BATS Chi-X Europe has made the Market Model Typology a key component of its BXTR trade reporting service, to help boost market transparency and contribute to creating the underlying conditions to support a European…
BATS Makes Early Move on ETF Reporting
BATS Chi-X Europe has announced the impending launch of a centralized reporting service for exchange-traded funds (ETF), set for October 1.
BATS Chi-X Europe Inks Partnership with BX Swiss
BATS Chi-X Europe and BX Swiss have announced a partnership, which will see the two exchange operators cross-list exchange-traded funds (ETFs) and cooperate on reporting.
Activ Adds EU Alternative Venues to ActivFeed
Market data and ticker plant provider Activ Financial has added new content from four European alternative trading venues to its ActivFeed low-latency consolidated datafeed, in response to customer demand and to provide traders with complete coverage of…
Interdin Bolsa Connects to Bats Chi-X Europe Via SunGard Valdi
Madrid-based securities brokerage house Interdin Bolsa Sociedad de Valores (Interdin) has selected SunGard’s Valdi Market Access platform to connect directly to the BATS Chi-X Europe exchange.
Bats Chi-X Europe Bolsters Interoperable Clearing
Bats Chi-X Europe has announced that it will extend its interoperable clearing program to include exchange-traded funds (ETFs) and exchange-traded products (ETPs).
New Clients Join BATS Chi-X Europe Reporting Service
BATS Chi-X Europe has announced that four new participants have joined BXTR, its recently-launched suite of on- and off-exchange trade reporting service.
ECJ Rejects UK’s Appeal on Financial Transaction Tax
The debate on the European Financial Transaction Tax (FTT) was reignited today as the European Court of Justice (ECJ), the highest court within the EU, rejected the UK’s action against the introduction of the controversial tax, also called Tobin Tax,…
Bats Chi-X Europe Hires Jill Griebenow as CFO
Bats Chi-X Europe has appointed Jill Griebenow as chief financial officer with immediate effect. She will be responsible for all financial controls and human resource functions, including financial planning and reporting.
Euroclear Confirms UK T+2 Settlement from Next Year
Euroclear UK and Ireland has said it is coordinating with a number of UK venues to ensure that shortened local settlement cycles will be in effect from 2014, in line with regulatory mandates.
BATS Chi-X Touts 2014 Data Price Cap, BXTR Reporting as Basis for EU Tape
BATS Chi-X Europe has pledged not to increase market data fees in 2014 for its US and European subscribers, following several well-publicized fee increases at regional exchanges, including the London Stock Exchange, which notified clients in October of a…