BATS Global Markets Clarification Regarding Market Data Usage

BATS Global Markets wishes to clarify the market data usage of its exchanges.  With respect to routing, EDGA & EDGX use direct depth-of-book data feeds for all major exchanges, and data from the relevant securities information processor (SIP) for certain smaller exchanges.  With respect to the matching engine, EDGA & EDGX currently use the SIP, but will be transitioning to direct feeds from all major exchanges in January 2015 as previously discussed at www.bats.com/edgeintegration.  BATS’ BZX and BYX exchanges currently use direct feeds for both routing and its matching engine from all major exchanges, and SIP data from certain smaller exchanges.