Overview

Suite of Services

BATS Chi-X Europe (BATS) has a suite of Trade Reporting Services known as BXTR (BATS Chi-X Europe Trade Reporting). BATS includes its OTC market data at no extra cost in its existing market data feeds and is promoting standardisation of OTC data by introducing Market Model Typology (MMT).

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

  • On-exchange off-order book trade reporting with optional clearing services under the ETR services
  • Off-Exchange (OTC) reporting services in accordance with the FCA's Trade Data Monitor (TDM) regime that covers all EU securities and Swiss securities under our partnership with BX Swiss which has authorised BATS as a Foreign Trade Data Monitor
  • For MTFs, 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.