Feature Spotlights
New Feature
Trade Clearing Process
Choose an interoperable clearer from a group of four CCPs.
Order Books
Integrated Order Book
Advanced visible and non-displayed order types with aggressive maker-taker pricing and price-time priority.
BATS Europe Dark Pool
Separate, non-displayed midpoint order book with anti-gaming features and low cost trading.
Order Types
Partial Post Only @ Limit Order
Enhanced liquidity adding with controlled liquidity removal.
Routing
Parallel Routing Strategies
Route to multiple market centres simultaneously and increase potential price improvement opportunities.
Pan-European Order Routing
Access price improvement opportunities from 16 exchanges and MTFs along with Liquidity Partners.
Routing Strategies
Routing FIX tags and instructions.
System Features
Latency
Orders now acknowledged or executed in 120 microseconds on average.
Real-Time Ports Dashboard
View detailed information about port utilization and to cancel open orders at the port level.
Participant Trade Prevention
Avoid unintentional trading with your own firm.
Sponsored Access
Manage risk while allowing the Sponsored Participant access to BATS Europe's liquidity.
Market Data
Multicast PITCH
Low latency, real-time depth of book and trade information with reduced PITCH events.
Participant Tools
Web Products
A comprehensive suite of free, value-added tools in our Online Participant Portal.
Real-Time Latency Monitoring
Detailed latency statistics provided in real-time through the Online Participant Portal.
