We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
BATS Chi-X Europe trading platform connects to Exponential-e

BATS Chi-X Europe trading platform connects to Exponential-e

The option will give over 250 finance organisations currently served by Exponential-e direct access into BATS Chi-X Europe, which accounts for 25% of traded European equities

Article comments

UK-based technology provider Expontential-e has announced that it has added BATS Chi-X Europe, the largest pan-European equities trading venue, to its on-net financial data providers.

The connectivity option will give over 250 finance organisations currently served by Exponential-e direct access into BATS Chi-X Europe, which accounts for 25 percent of European equities traded.

“We aim to provide our trading participants with connectivity choice and Exponential-e is a welcome addition to our menu of providers,” said Mark Hemsley, CEO of BATS Chi-X Europe.

“We are pleased that their diverse customer base is well positioned to connect to BATS Chi-X Europe and to seamlessly access our unique offering of pan-European markets for deep liquidity, product innovation, and efficient post-trade structure.”

Exponential-e claims that trading participants will be able to connect to the platform with sub-millisecond market reach, provided by its 100GigE network.

Late last year, BATS Chi-X suffered a serious hardware component failure, which knocked out operations on its Linux-based matching engine for an entire day.

Share:

Comments

Advertisement
Send to a friend

Email this article to a friend or colleague:


PLEASE NOTE: Your name is used only to let the recipient know who sent the story, and in case of transmission error. Both your name and the recipient's name and address will not be used for any other purpose.


ComputerworldUK Knowledge Vault

ComputerworldUK
Share
x
Open
* *