Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,417.53 -0.15 -0.00%
TOPIX 1,166.59 0.04 0.00%
HANG SENG 22,760.24 64.23 0.28%

BATS Chi-X Europe Unveils 2013 Trading Tariffs



                BATS Chi-X Europe Unveils 2013 Trading Tariffs

  PR Newswire

  LONDON and KANSAS CITY, Missouri, Nov. 20, 2012

- Sets Lowest Liquidity Removal Rate in Europe on BXE Lit Order Book

LONDON and KANSAS CITY, Missouri, Nov. 20, 2012 /PRNewswire/ -- BATS Chi-X
Europe, the largest pan-European equities market operator by market share and
notional value traded(1), today announced updated pan-European trading tariffs
for its BXE and CXE lit order books, effective from 1st January 2013.

(Logo: http://photos.prnewswire.com/prnh/20120109/CG31847LOGO )

BATS Chi-X Europe will offer the lowest liquidity removal rate in Europe on
its BXE lit order book with a 0.15 basis points charge. There will be no
rebate or charge to add liquidity to the BXE lit order book.

For adding liquidity to the CXE lit order book, trading participants will
receive a rebate of 0.15 basis points and the competitive 0.30 basis points
fee for removing liquidity from the CXE lit order book will remain unchanged.

Pricing for the BXE and CXE dark order books remains unchanged .

"With our enhanced tariff schedule, we aim to clearly differentiate our lit
order books to support diverse trading opportunities and choice for customers
alongside the variety of trading dynamics that already exist within our
markets. At the same time, we continue to offer very competitive pricing
compared to the cost of trading on the incumbent exchanges," said Mark
Hemsley, chief executive officer of BATS Chi-X Europe.

"Customers also have an opportunity to realise cost savings when using our new
interbook sweep orders , which allow them to maintain only one connection and
gain simple, efficient access to both of our lit books or both dark books," he
said.

For more information, participants should contact their BATS Chi-X Europe
account manager or saleseurope@bats.com .

(1) Based on BATS Global Markets European market share data from November
2011-October 2012.

About BATS Global Markets, Inc. BATS Global Markets, Inc. (BATS) is a leading
operator of securities markets in the U.S. and Europe. BATS develops and
operates electronic markets for the trading of listed cash equity securities
in the U.S. and Europe and listed equity options in the U.S. BATS operates two
stock exchanges in the U.S., the BATS BZX Exchange and BYX Exchange; BATS
Options, a U.S. equity options market; and BATS Chi-X Europe, which operates a
FSA-authorized multilateral trading facility. BATS' innovative and proprietary
technology was developed by a dedicated core team of market and technology
professionals, catering to the needs of the broker-dealer and trading
community. The company is headquartered in the Kansas City, Mo., area with
additional offices in New York and London. For more information, visit
www.batsglobalmarkets.com .

BATS ... Making Markets Better.

Website: http://www.batstrading.com
Contact: Europe: Kelly Bailey, +44.207.012.8950, comms@batstrading.com, or
U.S.: Stacie Fleming, +1-913-815-7193, comms@bats.com, or Suzanne O'Halloran,
+1-212-378-8526, comms@bats.com
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement