BATS to open European platform
BATS Trading Inc. said it would open its new European equities trading platform later this year, as the non-traditional equities trading competitor seeks to transform itself into a full-blown stock exchange.
BATS Exchange, a leading and innovative US securities exchange, plans to offer a new line of market data products on a subscription basis to members and market data recipients, releasing the first product, BATS Last Sale Feed, in spring 2010, pending regulatory approval.