BATS Exchange, an innovative and technology leading U.S. stock exchange, and NYSE Technologies, a provider of complete electronic trading solutions, today announces the immediate availability of BATS Multicast PITCH real-time depth of book data feed via NYSE Technologies’ Secure Financial Transaction Infrastructure® (SFTI®) network
Multicast PITCH provides up to a 50% reduction in latency with 20% fewer events than the Exchange’s
TCP PITCH feed (a point-to-point depth-of-book market data feed) and allows BATS’ market data
recipients to more easily redistribute the data within their own networks.
As with all of BATS’ market data feed offerings, Multicast PITCH is free for BATS Exchange members
and market data vendors. The service can be accessed over the same connections leveraged by NYSE
Technologies’ SFTI® customers to tap the full spectrum of displayed US equity and options markets.
To complement Multicast PITCH, BATS offers its proprietary “Spin Server” which lets users reconnect to
Multicast PITCH intraday and quickly build a snapshot of the state of the electronic order book without
having to replay every message of the day.
“We are pleased that Multicast PITCH is now available to BATS Exchange members and market data
vendors that connect to BATS’ world-class platform through the SFTI® network,” said Chris Isaacson,
COO of BATS Exchange. “These members and market data vendors can begin receiving the Multicast
PITCH feed immediately for fast, efficient access to BATS market data.”
Ken Barnes, vice president, Global Connectivity, at NYSE Technologies, said “Our equity market
customers are looking for comprehensive connectivity solutions that touch every corner of the market and NYSE Technologies continues to provide that with this additional BATS data feed solution. SFTI® is focused exclusively on the high performance trading community while providing an unmatched level of
speed and quality.”
For access to Multicast PITCH, BATS Exchange members connected to the BATS platform through the
SFTI® network should contact their SFTI account manager. For more information, members can contact the BATS Trade Desk (913.815.7001, tradedesk@batstrading.com) or their sales account manager.
The complete Multicast PITCH specification is available on the BATS Exchange web site at
http://www.batstrading.com/resources/membership/BATS_MC_PITCH_Specification.pdf.