Overview

Suite of Services

BATS Chi-X Europe (BATS) has launched a new suite of Trade Reporting Services known as BXTR (BATS Chi-X Europe Trade Reporting). BATS is including OTC market data at no extra cost to its existing data fees and is aiming to promote standardisation of OTC data by supporting the Market Model Typology (MMT) initiative.

The BXTR suite encompasses services that enable firms to fulfill a range of business and regulatory requirements including:

  • On-exchange reporting and optional clearing services under the ETR services
  • OTC reporting services in accordance with the FCA’s Trade Data Monitor (TDM) regime
  • Dissemination of MTF trades via BATS market data to meet post-trade reporting obligations under MiFID
  • Pre-trade transparency quoting in accordance with the MiFID SI regime

The diagram below illustrates the suite of services on offer.

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BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority. BATS Trading Limited is an indirect wholly-owned subsidiary of BATS Global Markets, Inc. and is a company registered in England and Wales with Company Number 6547680 and registered office at 10 Lower Thames Street, London EC3R 6AF. This Website has been established for information purposes only. None of the information concerning the services or products described on this Website constitutes advice or a recommendation of any product or service. To the extent that the information provided on this Website constitutes a financial promotion as defined by section 21 of the Financial Services and Markets Act 2000, it is only directed at persons who qualify as a Professional Client or Eligible Counterparty. Persons who do not qualify should not act on or rely upon it.