BATS Performance - Faster Yet

BATS Trading Inc., operator of the fast-growing US equities
platform which plans to operate in Europe in 2008, said Tuesday that
it has reduced latency through the entire BATS system to between 400
and 500 microseconds, with 80% of orders being acknowledged within 400
microseconds.

BATS defines latency as the time it takes to accept, process, and
acknowledge a subscriber order.

"Statistics collected on Friday April 11th showed a greater than
200 microsecond reduction in latency in production from a month ago

measured from outside the firewall," said BATS Chief Executive Joe
Ratterman. "I applaud Chris Isaacson and our technology team for this
tremendous accomplishment that directly benefits our subscribers.

"As we seek Exchange status and target 15% matched market share in
the US, we will continue to enhance the BATS system to make markets
better in terms of system performance and platform functionality," Mr.
Ratterman said.

Mr. Isaacson, senior vice president and chief operating officer at
BATS, continued, "Most importantly, these performance metrics apply
during everyday market conditions, and our subscribers validate that

under heavy market conditions, the BATS platform maintains its
high-performance/low-latency metrics.

"Continuing to build a faster, more efficient market is a passion
at BATS and we welcome feedback on this performance enhancement. As
always, we thank our customers and our investors for their continued
support," Mr. Isaacson said.

Earlier this week, BATS announced that it selected a Savvis data
center in London, where BATS will be co-located with numerous other
trading firms and market centers. Firms interested in linking to the
planned high-speed, low-latency BATS platform in Europe should contact
Ken Conklin, senior vice president in charge of business development
for BATS Trading, at the contact information below.

Firms interested in connecting in the US should contact Jon
Schneider, BATS sales manager, or Randy Williams, vice president of
sales and communications, at the coordinates below.

About BATS Trading

BATS Trading, based in Kansas City, Mo., with additional offices
in New York, was launched in January 2006 and operates one of the
fastest-growing, top-tier equity markets in the United States. The
BATS platform is developed by a core team of market and technology
professionals, catering to the needs of the broker-dealer community.
Included in the BATS customer base are more than 270 broker-dealers
and a broad-based ownership group including Citi, Credit Suisse

Deutsche Bank, GETCO, JPMorgan, Lehman Brothers, Lime Brokerage

Morgan Stanley, Merrill Lynch, Tradebot and Wedbush. BATS ... Making
Markets Better.