http://www.batstrading.co.uk/alerts/release_notes/ Issues affecting the current trading session en-us Tue, 07 Feb 2012 13:05:24 GMT Copyright 2012 BATS Europe Release Notes 1 0 1 2 3 4 5 19 20 21 22 23 Saturday Sunday http://www.batstrading.co.uk/_img/logos/bats_logo_rss.jpg http://www.batstrading.co.uk/alerts/release_notes/ Dear Participants, This is the next in a series of communications highlighting key integration dates and materials surrounding the upcoming platform migration of the Chi-X Europe order books onto BATS Europe technology. Key Updates: * New Chi-X Europe PRODUCTION environment availability: The new Chi-X Europe PRODUCTION environment will be available Monday 20th February 2012. This is one week earlier than the previously published date and participants can submit port requests for this environment from that date. * Network Connectivity: Post migration, both the BATS Europe order book and the Chi-X Europe order book will be accessible to participants via a single network interface. All Participants are strongly encouraged to confirm their migration plans with BATS Chi-X Europe to ensure all work is completed in a timely manner. * Disaster Recovery: The Disaster Recovery Guide detailing how the disaster recovery site at Equinix Park Royal (LD3) will function is now available. Each dress rehearsal will include a test of failover invocation to the disaster recovery site. * Market data over the Internet: Chi-X Europe currently offers market data over the internet, this will continue post migration. Market data for both the BATS Europe order book and the Chi-X Europe order book will be offered via BATS TCP PITCH protocol over the internet. Please contact your Account Manager for details. * Post-Trade: Updated information regarding Clearing and Post-Trade is now available on the Post-Trade Integration webpage * URLs migration Guide: Updated information regarding upcoming changes for web-based services provided by BATS Chi-X Europe including changes to reference data URLs is now available in the BATS Chi-X Europe Web Migration Guide * Testing Guide: The detailed timeline of scheduled activities on the Production Dress Rehearsal days is now available in the updated Testing Guide * Certification Requirements: Participants are advised to please confirm their certification requirements as detailed in the table below, and to contact the BATS Europe Trade Desk to progress any testing on the new platform: Membership Status Trading Protocol choice Mandatory Certification test? Existing BATS Europe Member Native BATS Europe FIX mode No Existing BATS Europe Member BATS Binary Order Entry (BOE) No Existing BATS Europe Member Dropcopy feed No Chi-X Europe Member only ornew BATS Europe Member Any Yes Any Chi-X FIX compatibility mode Yes o For all application ports requests and certification queries, please contact the BATS Europe Trade Desk ContactsConnectivity: NOCEurope@batstrading.com +44.207.012.8905Application or Trading Queries: TradeDeskEurope@batstrading.com +44.207.012.8901 Please continue to contact the Chi-X Europe Operations team with any technical questions regarding daily service and support on the existing Chi-X Europe trading platform. The latest migration information and documents are available at www.batstrading.co.uk/integration, which will be updated regularly throughout the transition. Please contact the BATS Europe Trade Desk or your Account Manager if you have any questions. Trade Desk, BATS EuropeBATS Chi-X Europe ... Making Markets BetterP: +44.207.012.8901E: TradeDeskEU@batstrading.comwww.batstrading.co.uk http://www.batstrading.co.uk/alerts/release_notes/2012/#0 Fri, 03 Feb 2012 15:35:48 +0000 http://www.batstrading.co.uk/alerts/release_notes/2012/#0 Dear BATS Europe Participants BATS Europe periodically reviews the unit distribution of tradable markets to ensure BATS Europe market data is spread evenly.To this end and as part of the planned Chi-X Europe migration announced recently, BATS Europe will migrate all Austrian instruments from Unit 12 onto Unit 8. This change will be effective in BATS Europe Production from Monday 27th February 2012. Specifically, this will impact Participants who: o receive Primary and Secondary Multicast Gig and WAN-shaped Production feeds o receive on-demand (unitised) TCP PITCH feeds. Austrian (WBAH) market data will be moved to the current Xetra (XETR) feed. o use BATS Binary Order Entry (BOE). Austrian BOE messages will be created from matching unit 8. There is no impact to Participants currently receiving the BATS Europe TCP PITCH market data feed. For information on this new distribution please refer to the BATS Europe Multicast PITCH Specification. This change will be available in the BATS Europe Certification environment effective Monday 6th February, 2012. Please contact the Trade Desk or your Account Manager if you have any questions. All current and historical BATS Europe notices, including universe updates, are available online at www.batstrading.co.uk/alerts. http://www.batstrading.co.uk/alerts/release_notes/2012/#1 Tue, 24 Jan 2012 13:56:58 +0000 http://www.batstrading.co.uk/alerts/release_notes/2012/#1 Dear Participants, Effective today, the new Chi-X Europe Certification (UAT) environment is now available for test access. Next Steps: * Please check whether your firm is required to certify based upon membership status as detailed in the table below: Membership Status Trading Protocol choice Mandatory Certification test? Existing BATS Europe Member Native BATS Europe FIX mode No Existing BATS Europe Member BATS Binary Order Entry (BOE) No Existing BATS Europe Member Dropcopy feed No Chi-X Europe Member only ornew BATS Europe Member Any Yes Any Chi-X FIX compatibility mode Yes * To request ports, please contact the BATS Europe Trade Desk * If you need to pass the certification test, please contact the BATS Europe Trade Desk to schedule in a testing timeslot. Certification (Conformance) Test scripts are available upon request from the BATS Europe Trade Desk * Summary of Technical specs: o FIX Migration Guide o Native BATS Europe FIX mode o Chi-X Europe FIX Compatibility Mode o BATS Europe Binary Order Entry (BOE) o Market Data Migration Guide o BATS Europe Multicast PITCH o BATS Europe TCP PITCH o Standard FIX Dropcopy and FIX Order By Order dropcopy o Testing Guide * Participants can request ports in the new Chi-X Europe Production environment as of 27th February 2012. * Production Dress Rehearsal 1 occurs on Saturday 24th March 2012. * Production Dress Rehearsal 2 occurs on Saturday 21st April 2012. * Go-live: Monday 30th April 2012 Technical Integration webpage: www.batstrading.co.uk/integration/technical/ * Technical Contacts for the migration Connectivity: NOCeurope@batstrading.com+44.207.012.8905Application or Trading Queries: TradeDeskEurope@batstrading.com +44.207.012.8901 Please continue to contact the Chi-X Europe Operations team with any technical questions regarding daily service and support on the existing Chi-X Europe trading platform. The latest migration information and documents are available at www.batstrading.co.uk/integration, which will be updated regularly throughout the transition. Please contact the BATS Europe Trade Desk or your Account Manager if you have any questions. http://www.batstrading.co.uk/alerts/release_notes/2012/#2 Mon, 23 Jan 2012 11:50:57 +0000 http://www.batstrading.co.uk/alerts/release_notes/2012/#2 Dear Participants, This is part of a series of communications highlighting key integration dates and materials surrounding the upcoming platform migration of the Chi-X Europe order books onto BATS Europe technology. The purpose of this communication is to provide details on the updated Technical Specifications, Testing Guide and Connectivity Guide for the migration. The revised Connectivity Pricing is also linked below. It includes separate pricing for Trading Participants and Non-Trading Participants and will be effective 1st May 2012 unless otherwise stated. Key Technology Milestones Date Technology Milestones Status 16th December 2011 BATS Chi-X Europe Legal Migration Guides published Completed 13th January 2012 Connectivity Migration Guide, Technical Specifications, Testing Guide & Connectivity Pricing published Completed 23rd January 2012 New Chi-X Europe certification environment available 27th February 2012 New Chi-X Europe production environment available for logon and testing 14th March 2012 BATS Europe secondary data centre go-live in Equinix Park Royal (LD3) 24th March 2012 Dress Rehearsal 1Chi-X Europe onto BATS Europe technology in Equinix Slough (LD4) & Equinix Park Royal (LD3) 21st April 2012 Dress Rehearsal 2Chi-X Europe onto BATS Europe technology in Equinix Slough (LD4) & Equinix Park Royal (LD3) 30th April 2012 Go-liveChi-X Europe Integrated and Dark books live on BATS Europe technology at both LD4 and LD3 14th May 2012 Go-live contingency date Connectivity Information, Technical Specifications & Testing Guides Technical Integration webpage: www.batstrading.co.uk/integration/technical/ * Connectivity o Migration Guide: www.batstrading.co.uk/resources/participant_resources/BATS_Connectivity_Manual_Integration_Supplement.pdf o Connectivity Pricing: www.batstrading.co.uk/resources/participant_resources/BATSEuro_ConnPricing.pdf * Technical Specifications o Market Data Migration Guide: www.batstrading.co.uk/resources/participant_resources/BATS_Europe_ChiX_Market_Data_Migration_Guide.pdf o Chi-X Europe FIX Compatibility mode Guide: www.batstrading.co.uk/resources/participant_resources/BATS_Europe_ChiX_FIX_Compatibility_Mode_Guide.pdf o Testing Guide: www.batstrading.co.uk/resources/participant_resources/TestingGuide.pdf * Technical Contacts for the migration Connectivity: NOCeurope@batstrading.com+44.207.012.8905Application or Trading Queries: TradeDeskEurope@batstrading.com +44.207.012.8901 Please continue to contact the Chi-X Europe Operations team with any technical questions regarding daily service and support on the existing Chi-X Europe trading platform. The latest migration information and documents are available at www.batstrading.co.uk/integration, which will be updated regularly throughout the transition. Please contact the BATS Europe Trade Desk or your Account Manager if you have any questions. http://www.batstrading.co.uk/alerts/release_notes/2012/#3 Fri, 13 Jan 2012 15:17:51 +0000 http://www.batstrading.co.uk/alerts/release_notes/2012/#3 Dear Participants BATS Chi-X Europe is pleased to confirm that fully Interoperable Clearing including EMCF has now received all necessary regulatory approvals. As such, the service will go live on the BATS Europe market this Friday 6th January 2012. Market Scope* Four way Interoperable Clearing will be available for all markets traded on BATS Europe excluding Spain which will continue to be cleared at EMCF until further notice. * Due to the on-going regulatory review of Exchange Traded Products (ETFs / ETCs) within clearing, BATS Europe has taken the decision to exclude all ETFs and ETCs from the scope of interoperability until the conclusion of these reviews. BATS Europe continues to trade ETF / ETC securities, however all executions will be routed to the existing Central Counterparty (CCP), EMCF, irrespective of the Participant's choice of CCP for the underlying market segment. Please note: ETF / ETCs are traded in various market segments and are not in a segregated segment. Summary of ServiceWith four way Clearing Interoperability, Participants are able to choose to have one or more Central Counterparties (CCPs) clearing their business on the BATS Europe market. Participants are able to choose to use EMCF, EuroCCP, LCH.Clearnet and SIX x-Clear on a market by market basis. BATS Europe will enable clearing for Participants once required documentation is in place with the respective CCP(s). Participants will no longer be required to maintain a clearing relationship with EMCF for markets where they have chosen an alternative CCP. How to setup a new CCP relationshipTrading Participants must have a clearing relationship with their chosen CCP(s), either as a Direct Clearing Participant (DCP) or through a General Clearing Participant (GCP). * Trading Participants using a GCP should contact them to ensure the relevant CCP documentation is in place. * DCPs should contact their CCP(s) to ensure the relevant documentation is in place. Contact details for the four CCPs are listed below:EMCFEMCF Membership Teamerik.westerling@emcf.com EuroCCPAccount Administration euroccpaa@dtcc.com LCH.ClearnetLCH.Clearnet Membership Teammembershipofficers@lchclearnet.com SIX x-clearCustomer Integrationcustomer.integration@sisclear.com Technical detail* As an optional feature, BATS Europe can indicate in FIX tag 7772 or in a BOE field of the execution report which CCP has the trade. This tag is already available as an optional field on the FIX port, as indicated in the BATS Europe FIX spec. Participants requiring this should contact the BATS Europe Trade Desk to test. Certification TestingFour way Clearing Interoperability is already available for testing in the BATS Europe Certification environment. Any Participants wishing to conduct end to end testing should contact the BATS Europe Trade Desk. Trade Desk, BATS Chi-X EuropeBATS ... Making Markets BetterP: +44.207.012.8901E: TradeDeskEU@batstrading.comwww.batstrading.co.uk http://www.batstrading.co.uk/alerts/release_notes/2012/#4 Wed, 04 Jan 2012 09:01:02 +0000 http://www.batstrading.co.uk/alerts/release_notes/2012/#4