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Empresas y finanzas

BATS Earns FSA Authorisation for Europe Trading Platform


    BATS Trading Limited (BATS European Markets Division), a fully owned subsidiary of BATS Holdings, Inc., announces the receipt of authorisation from the Financial Services Authority (FSA) to operate a Multilateral Trading Facility (MTF) in Europe.

    BATS European Markets Division is currently in general testing and will roll out the first 10 UK securities on October 31st with plans to offer trading in London Stock Exchange, NYSE Euronext and Xetra securities by November 19th. A complete, detailed rollout and testing schedule is available at: http://www.batstrading.co.uk/resources/ participant_resources/bats_trading_roll_out_schedule_final.pdf. (Due to its length, this URL may need to be copied/pasted into your Internet browser´s address field. Remove the extra space if one exists.)

    "We´re pleased to announce this news and our October 31st launch is ahead of the schedule we set back on March 31st when we announced our Europe plans," said Mark Hemsley, CEO of BATS European Markets Division. "We look forward to bringing BATS´ unique blend of speed, efficiency and customer service to pan–European trading as we strive to Make Markets Better."

    In the US, BATS plans to launch as a National Securities Exchange this month. The firm, which began offering trading in the US in January 2006, set a record October 3rd with 12.12% matched market share.

    About BATS

    BATS Holdings (BATS) is an innovative global financial markets technology company based in Kansas City, Mo., with additional offices in New York and London. The BATS ECN platform was launched in January 2006 and is one of the fastest–growing, top–tier equity markets in the United States. Recently approved by the Securities and Exchange Commission and scheduled to launch as a national securities exchange in October 2008, BATS also has plans for its European launch in October 2008 through its wholly owned subsidiary based in London, BATS Trading Limited. The BATS platform is internally developed by a dedicated core team of market and technology professionals, catering to the needs of the broker–dealer and trading community. BATS"¦ Making Markets Better.