Become a participant by completing the four steps below.
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Step 1
It's Easy to Qualify
Your firm must be either an EEA regulated investment firm or credit institution.
Firms which are not EEA regulated may also be able to qualify. Non-EEA regulated Applicants should contact Participant Services.
Note: The steps set out below can be completed separately or in parallel.
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Step 2
Just a Little Paperwork
Now that your firm qualifies, complete and sign the following two documents and e-mail them to Participant Services.
- Participant Agreement - regulatory contract between BATS Europe and the applicant firm.
- Participant Application Form - this form is used to obtain general information about the applicant firm.
You should also review the Rule Book and the Participant Manual, which includes policies, procedures and technology used by BATS Europe. For more information on Step #2, please contact Participant Services.
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Step 3
Get Connected
Firms can connect to BATS Europe directly or via a service provider.
- Connectivity Manual - network connectivity options
- FIX Specification - orders using FIX format
• Additional circuit delivery details are available upon request.
- PITCH Specification - direct market data feed
If your firm trades via a hosted Service Provider solution, contact your representative and ask them to add BATS Europe as a destination to your firm's account. You can view a list of Service Providers that have established relationships with BATS Europe. For more information on Step #3, please contact the BATS Europe Trade Desk.
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Step 4
Establish a Clearing Relationship
Your firm will need to have in place appropriate clearing arrangements with a central counterparty.
For more information regarding clearing, including contact information, see the BATS Europe Clearing flyer.
After your firm's connection to BATS Europe has been established and the documentation is in place, you'll place your first trade to verify clearing. Then you're ready to enjoy the low-cost, high-speed trading that BATS Europe provides.
