BATS Trading Limited (BATS Europe), a fully-owned subsidiary of BATS Holdings, Inc., announces live trading on its Multilateral Trading Facility in Europe.
“This is a tremendous milestone in the history of BATS,” said Mark Hemsley, CEO of BATS Europe. “We are excited about the opportunity in front of us and look forward to bringing greater efficiency to traders in Europe, following our mission of Making Markets Better.”
BATS Europe currently offers trading in 10 securities and will roll out London Stock Exchange, NYSE Euronext and Xetra securities by November 19(th). A complete, detailed rollout schedule is available at: http://www.batstrading.co.uk/
The initial stocks are Barclays, BG Group, Billiton, BP, HSBC, Lloyds TSB, Royal Bank of Scotland, Rio Tinto, Royal Dutch Shell and Vodafone Group. BATS and some other Multilateral Trading Facilities, or MTFs, share a common symbology. For further information on symbology and BATS Europe, please go to http://www.batstrading.co.uk/resources/participant_resources/BATSEuro_ MarketGuide.pdf.
In the US, BATS Exchange launched on the 24(th) of October and will be live in all US-listed symbols by the 6(th) of November. The firm, which began offering US trading in January 2006, currently accounts for about 12% US matched market share.
