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REMINDER: Cboe Europe Equities: BXTR - SI Quote: Infrastructure change, effective Fri 24th Nov, 2017

November 13, 2017 12:39:26

UPDATE:
Certification (UAT) - Further to the announcement below, please note that effective Friday 17th November 2017, SI Quote ports on the old addresses will be disabled in the Certification environment. Systematic Internalisers should quote on their new SI Quote ports on or before this date.

Cboe Europe Equities BXTR Participants,
Cboe Europe Equities (Cboe) would like to inform users of the Systematic Internaliser (SI) Quote Service that in response to the MiFID II regulations coming into effect in 2018, Cboe anticipates a significant increase in the volume of Systematic Internaliser quoting. To provide increased capacity in preparation for this, Cboe will be expanding the number of units from three to twelve (and hence the range of multicast PITCH addresses) used to publish SI Quote data, furthermore Cboe will also offer a Gig shaped multicast PITCH feed in addition to the existing throttled WAN shaped multicast PITCH feed. These changes will be effective from start of day, Friday 24th November 2017. These changes will affect:

* Participants and vendors consuming the existing SI Quote market data from the Cboe Multicast PITCH or TCP PITCH feeds.

* Existing Participants acting as Systematic Internalisers, submitting SI Quotes to Cboe for publication.

* Participants acting as new Systematic Internalisers submitting SI Quotes to Cboe for publication intending to go live in the coming months.
Please note that there will be no changes to BXTR trade reporting infrastructure for either market data or trade submission.

Consumers of SI market data
Participants currently subscribing to the multicast PITCH TRF Quote Feed will be required to switch to subscribing to new multicast IP addresses from the production live date. Participants will also need to switch to new gap request and spin server ports associated with the new feeds. TCP PITCH subscribers will also need to switch to new IPs and Ports from the production live date, affected participants should contact the Trade Desk to request new details.
There will be no changes to the message content or structure, other than to session credentials associated with the new ports and unit identifiers. Participants are advised to review the Multicast PITCH Specification to ensure they have adequate bandwidth to cope with increased volumes, this particularly applies to participants taking the new Gig shaped multicast PITCH feed. Cboe will support a pre-production parallel-run period ahead of the production go-live date, allowing market data consumers to switch their connectivity with confidence on the appropriate day.

Systematic Internalisers
Participants publishing SI Quotes via the Cboe TRF service will be required to send their quotes to new FIX or BOE ports, utilising new IP addresses and credentials, by the production live date. There will be no changes to the message content or structure, other than to session credentials associated with the new ports. Cboe will provide ports in advance of the production go-live date, allowing participants to submit their SI Quotes in parallel to the new ports, to mitigate risk on the go-live date.

Pitch Files
Participants currently downloading SI Quote data via the "Historical Pitch" section of the Secure Member portal should note that this data will now be available via the SIS segment of the web portal. Any participants requiring access to the new SI pitch files should contact the Trade Desk. Any process required to download the file will need to access https://www.batstrading.co.uk/sis/account/pitch/ replacing https://www.batstrading.co.uk/trf/account/pitch/ for quote data. The existing TRF "Historical Pitch" files and links are unaffected and will continue to provide trade report pitch information only.

Web Portal
The new port details will be visible through a new dedicated tab on the 'Ports' status dashboard on the customer portal. The new Multicast PITCH port numbers and IP addresses can be found at Multicast PITCH Specification.

Reference data
The distribution of data across the 12 units will be similar to the BXE and CXE markets. An additional downloadable reference data file will be provided for participants that require knowledge of the symbol-to-unit mappings.

Migration approach
Cboe will be introducing the new market data feeds and quote entry ports in advance of the production go-live date. Participants may consume the new multicast feed in parallel ahead of the production date to ensure connectivity and configuration is in place, this approach will minimise configuration changes and associated risk on the production go-live day.
Cboe recommends existing SI Participants consider publishing their SI Quotes to both the old and new ports in advance of the go-live day, again to minimise risk and simplify rollout. SI Participants can opt to have market data output muted for their SI Quotes submitted to the new ports in pre-production.
The pre-production market data will reflect only the SI quotes entered by participating Systematic Internalisers, and so should not be used for production purposes during the pre-production period. Cboe will disseminate quotes on test symbols (e.g. TESTl, TESTa etc) on the new data feed ports.
The Cboe certification (UAT) environment will migrate to 12 units in exactly the same way. Participants may request market data and/or SI Quote port entry in the Certification environment from Friday 1st September.
Timeline

* Friday 1st September - Availability of SI Quote entry ports and multicast publication in the Certification environment.

* Friday 20th October - Availability of pre-production ports and multicast publication in the Production and DR environments.

* Friday 17th November - SI Quote ports on the old addresses will be disabled in the Certification environment.

* Friday 24th November - Data on the new multicast addresses is considered Production, and publication on the old addresses will cease. Systematic Internalisers should be quoting on their new SI Quote ports on or before this date. SI Quote ports on the old addresses will be disabled in the Production environment.

Documentation

* The Multicast PITCH specification is available for download at the following link http://markets.cboe.com/europe/equities/support/technical/

* Participants can view their GRP connectivity status and session details at any time via the Ports Dashboard tool.

All current and historical Cboe Europe notices, including symbol universe updates, are available online at http://markets.cboe.com/europe/equities/notices/release_notes/

Please contact the Trade Desk or your Account Manager if you have any questions.

Trade Desk
Cboe Europe Equities
11 Monument Street | London, EC3R 8AF
T. +44 207 012 8901
E: TradeDeskEU@bats.com | cboe.com >
* Cboe Europe Equities is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

Cboe Europe Equities: Changes to Symbol Reference File, effective 1st December 2017

November 01, 2017 16:17:25

Dear Cboe Europe Equities Participants

Cboe Europe Equities (Cboe) will be appending one additional column to the end of the Symbol Reference Data CSV file and introducing some changes to the file as outlined below, effective Friday 1st December 2017:

Symbol Reference Data CSV
In summary, the following changes will be made to the file:

* venue_uncap_date column will be appended to the end of the file

* The values 1, 2 and 3 in the capped column will be redefined as per the Reference Data Specification

* Additional values of ETC and ETN will be available in the existing asset_class column

The changes above will be effective for the BXE, CXE, TRF, LIS and SIS symbol reference data files, upon the PRODUCTION effective date indicated above.

Testing

These changes, including detailed descriptions of each column have been reflected in the updated Reference Data Specification, and will be made available in the CERTIFICATION environments for testing from Monday 20th November 2017.

All current and historical Cboe notices, including symbol universe updates, are available online at http://markets.cboe.com/europe/equities/notices/ .
Please contact the Trade Desk or your Account Manager if you have any questions.

Trade Desk
Cboe Europe Equities
11 Monument Street | London, EC3R 8AF
T. +44 207 012 8901
E. TradeDeskEU@bats.com | cboe.com >

UPDATE: Cboe Europe BXTR - SI Quote: Infrastructure change, effective Fri 24th Nov, 2017

October 24, 2017 14:26:36

UPDATE:
Certification (UAT) - Further to the announcement below, please note that, effective Friday 17th November 2017, SI Quote ports on the old addresses will be disabled in the Certification environment. Systematic Internalisers should quote on their new SI Quote ports on or before this date. Multicast publication will also cease on the old Certification addresses on this date.

Cboe Europe Equities BXTR Participants,
Cboe Europe Equities (Cboe) would like to inform users of the Systematic Internaliser (SI) Quote Service that in response to the MiFID II regulations coming into effect in 2018, Cboe anticipates a significant increase in the volume of Systematic Internaliser quoting. To provide increased capacity in preparation for this, Cboe will be expanding the number of units from three to twelve (and hence the range of multicast PITCH addresses) used to publish SI Quote data, furthermore Cboe will also offer a Gig shaped multicast PITCH feed in addition to the existing throttled WAN shaped multicast PITCH feed. These changes will be effective from start of day, Friday 24th November 2017. These changes will affect:

* Participants and vendors consuming the existing SI Quote market data from the Cboe Multicast PITCH or TCP PITCH feeds.

* Existing Participants acting as Systematic Internalisers, submitting SI Quotes to Cboe for publication.

* Participants acting as new Systematic Internalisers submitting SI Quotes to Cboe for publication intending to go live in the coming months.
Please note that there will be no changes to BXTR trade reporting infrastructure for either market data or trade submission.

Consumers of SI market data
Participants currently subscribing to the multicast PITCH TRF Quote Feed will be required to switch to subscribing to new multicast IP addresses from the production live date. Participants will also need to switch to new gap request and spin server ports associated with the new feeds. TCP PITCH subscribers will also need to switch to new IPs and Ports from the production live date, affected participants should contact the Trade Desk to request new details.
There will be no changes to the message content or structure, other than to session credentials associated with the new ports and unit identifiers. Participants are advised to review the Cboe Europe Equities Multicast PITCH Specification to ensure they have adequate bandwidth to cope with increased volumes, this particularly applies to participants taking the new Gig shaped multicast PITCH feed. Cboe will support a pre-production parallel-run period ahead of the production go-live date, allowing market data consumers to switch their connectivity with confidence on the appropriate day.

Systematic Internalisers
Participants publishing SI Quotes via the Cboe TRF service will be required to send their quotes to new FIX or BOE ports, utilising new IP addresses and credentials, by the production live date. There will be no changes to the message content or structure, other than to session credentials associated with the new ports. Cboe will provide ports in advance of the production go-live date, allowing participants to submit their SI Quotes in parallel to the new ports, to mitigate risk on the go-live date.

Web Portal
The new port details will be visible through a new dedicated tab on the 'Ports' status dashboard on the customer portal. The new Multicast PITCH port numbers and IP addresses can be found at Cboe Europe Multicast PITCH Specification.

Reference data
The distribution of data across the 12 units will be similar to the BXE and CXE markets. An additional downloadable reference data file will be provided for participants that require knowledge of the symbol-to-unit mappings.

Migration approach
Cboe will be introducing the new market data feeds and quote entry ports in advance of the production go-live date. Participants may consume the new multicast feed in parallel ahead of the production date to ensure connectivity and configuration is in place, this approach will minimise configuration changes and associated risk on the production go-live day.
Cboe recommends existing SI Participants consider publishing their SI Quotes to both the old and new ports in advance of the go-live day, again to minimise risk and simplify rollout. SI Participants can opt to have market data output muted for their SI Quotes submitted to the new ports in pre-production.
The pre-production market data will reflect only the SI quotes entered by participating Systematic Internalisers, and so should not be used for production purposes during the pre-production period. Cboe will disseminate quotes on test symbols (e.g. TESTl, TESTa etc) on the new data feed ports.
The Cboe certification (UAT) environment will migrate to 12 units in exactly the same way. Participants may request market data and/or SI Quote port entry in the Certification environment from Friday 1st September.
Timeline

* Friday 1st September - Availability of SI Quote entry ports and multicast publication in the Certification environment.

* Friday 20th October - Availability of pre-production ports and multicast publication in the Production and DR environments.

* Friday 17th November - SI Quote ports on the old addresses will be disabled in the Certification environment. Multicast publication will also cease on the old Certification addresses on this date.

* Friday 24th November - Data on the new multicast addresses is considered Production, and publication on the old addresses will cease. Systematic Internalisers should be quoting on their new SI Quote ports on or before this date. SI Quote ports on the old addresses will be disabled in the Production environment.

Documentation

* The Multicast PITCH specification is available for download at the following link http://markets.cboe.com/europe/equities/support/market_data/.

* Participants can view their GRP connectivity status and session details at any time via the Ports Dashboard tool.

All current and historical Cboe Europe Equities notices, including symbol universe updates, are available online at http://markets.cboe.com/europe/equities/notices/release_notes/

Please contact the Trade Desk or your Account Manager if you have any questions.
Trade Desk
Cboe Europe Equities
11 Monument Street | London, EC3R 8AF
T. +44 207 012 8901
E: TradeDeskEU@bats.com | cboe.com >
* Cboe Europe Equities is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER: Cboe Europe Equities: Mandatory Q4 2017 Exchange Release - Upcoming Changes, effective Fri 27th October 2017

October 19, 2017 14:34:02

Dear Cboe Europe Equities Participants

Cboe Europe Equities (Cboe) is pleased to announce its Q4 2017 Exchange Release which takes effect in the Production BXE, CXE and TRF environments, Friday, 27th October 2017. Please consult the Q4 2017 Exchange Release Guidance Note for the complete list of changes.

Summary of Mandatory Changes (Protocols and Files)
FIX:
Removal of MTFAccessFee and Support for FeeCode

* MTFAccessFee (FIX tag 9621), sent back on Execution Reports to participants, will be deprecated from the BXE and CXE Production environments, effective Friday, 1st September 2017. From this date, the field will return a value of zero (MTFAccessFee=0), and as valid values will no longer be calculated, this field should be ignored. Further to this, as of Friday, 27th October 2017, MTFAccessFee will be removed in Production. Participants using FIX order entry and/or dropcopy must be prepared for these changes at start of day on the effective date.

* As announced in the Q2 2017 release, Cboe already supports FeeCode (FIX tag 9882). This is a replacement for MTFAccessFee which can be enabled at a FIX port level in BXE, CXE and TRF. Please contact the Trade Desk if you would like this enabled. For Participants using Binary Order Entry (BOE), FeeCode is already an existing optional bitfield that can be requested and will remain such.
FIX and BOE:
Deferred publication of Trade Capture Reports on-exchange (BXE/CXE) must have 'DEAL' capacity.

* Participants will need to set Capacity of Principal which maps to 'DEAL' when requesting deferred publication for on-exchange Trade Capture Reports, otherwise the deferral will not be honoured and the Trade Capture Report will be published immediately.

Market Data (Multicast and TCP Pitch):

* Trades with a pending price will be published with the new MMT Level 3.8 value of 'N' (price is currently not available but pending) in TRF.

* Trades with a pending price may be published with a Price value of '0' (zero) in TRF

* Trades will be published with the new MMT Level 1 value of '7' (Any other, Including Hybrid) in TRF

* Trades will be published with the MMT Level 3.2 Pre-Trade Transparency Waiver values of '6' (ILQD and SIZE) in TRF

* Trades will be published with the new MMT Level 4.1 Deferral values of '5' (ILQD and SIZE) and '6' (ILQD and LRGS) in TRF

Market Data (Last Sale):

* Support for an additional value of 'PNDG' (Price is Pending) in the Price Discovery Process field.

* Support for a '0' (zero) value in the Price field if the price is pending, as denoted by the Price Discovery Process field.

* In the Negotiation Flag field, if the Pre-Trade Transparency Waivers of 'ILQD' and 'SIZE' both apply to the trade, 'SIZE' will be published in this field

* In the Post-Trade Deferral Reason field, if the Post-Trade Deferral Reasons of 'ILQD and SIZE' or 'ILQD and LRGS' both apply to the trade, 'ILQD' will be published in this field

Symbol File:

* Addition of new column 'venue_cap_percentage' to the Symbol Reference data files for BXE, CXE, TRF and LIS

Trade Data File:

* A new value of 'PNDG' will be supported in the existing Price Formation column

* A value of '0' (zero) will be supported in the Price column if the price is pending

* A new value of 'AnyOtherIncludingHybridMarket' will be supported in the existing Market Mechanism column

* A new value of 'IlliquidSI SizeSpecificSI' will be supported in the existing Negotiated Trade column

* A new value of 'Deferred (Illiquid) Deferred (SizeSpecific)' will be supported in the existing Publication Mode column

* A new value of 'Deferred (Illiquid) Deferred (Large In Scale)' will be supported in the existing Publication Mode column

Trade Detail File:

* A value of '0' (zero) will be supported in the Price column if the price is pending

Summary of Optional Changes
FIX and BOE:

* Support for '0' (zero) as an accepted value in Price field on inbound Trade Capture Reports in TRF

* Addition of 'PNDG' as a value on inbound Trade Capture Reports in TRF

* Addition of 'LRGS' on inbound Trade Capture Reports in TRF

* Addition of new VenueType value of 'H' (Hybrid) on inbound Trade Capture Reports in TRF

* Waivers:

o Support for multiple value for 'ILQD and SIZE' on inbound Trade Capture Reports in TRF

* Deferrals:

o Support for multiple values for 'ILQD and SIZE' or 'ILQD and LRGS' on inbound and outbound Trade Capture Reports in TRF

Introduction of the Firm Order Record Keeping service:
As part of the Cboe 2017 Q4 Exchange Release, Cboe is pleased to announce the introduction of the Firm Order Record Keeping service.

* Firm Order Record Keeping files provide order activity data on orders placed on Cboe BXE and CXE environments and are provided to all firms to aid them in meeting record keeping obligations under MiFID II RTS 6.

For further details on the Firm Order Record Keeping service offering please refer to the specification. As a reminder, Participants are required to meet their MiFID II Order Record Keeping obligations as previously announced and described on the Cboe Europe Equities MiFID II microsite.

Testing & Production Schedule
All features described above will come into force in Production environments on Friday, 27th October 2017 and in Certification (UAT) environments according to the below schedule:
Environment

Q4 2017 Release Availability

BXE UAT

Monday 25th September

CXE UAT

Monday 9th October

TRF UAT

Monday 25th September

MTFAccessFee deprecation schedule
Environment

MTFAccessFee value set to '0'

MTFAccessFee field removed

FeeCode availability

BXE and CXE UAT

Monday 28th August

Monday 25th September

Now

TRF UAT

N/A

N/A

Now

BXE and CXE Production

Friday 1st September

Friday 27th October

Now

TRF Production

N/A

N/A

Now

Firm Order Record Keeping will be available in Certification on Monday, 25th September 2017 and Production on Friday, 27th October 2017.

DOCUMENTATION

* Cboe MiFID II Implementation Milestones: http://markets.cboe.com/europe/equities/regulation/mifid/milestones/

* Q4 2017 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42017Release_Final.pdf

* BXE/CXE FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification.pdf

* BXE/CXE BOEv2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification.pdf

* TRF FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification.pdf

* TRF BOE v2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_TRF_BOE2_Specification.pdf

* TCP PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_PITCH_Specification.pdf

* MC PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MC_PITCH_Specification.pdf

* Last Sale: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Last_Sale_Specification.pdf

* Symbol File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Reference_Data.pdf

* Trade Data File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Data_File.pdf

* Trade Detail File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Detail_File.pdf

* Firm Order Record Keeping: http://cdn.batstrading.com/resources/participant_resources/Bats_Europe_MiFID2_RTS6_Firm_Order_Record_Keeping_File_Specification.pdf

* Technical Change Calendar: http://cdn.batstrading.com/resources/participant_resources/BATS_Change_Calendar.pdf

* Introduction of a new Cboe Exchange Fee Schedules:

o BXE: http://markets.cboe.com/europe/equities/participation/fee_schedule/bxe/

o CXE: http://markets.cboe.com/europe/equities/participation/fee_schedule/cxe/

o TRF: http://markets.cboe.com/europe/equities/participation/fee_schedule/trf/

* Previous MiFID II Exchange Release Guidance Notes:

o Q2 2017: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22017Release_Final.pdf

o Q4 2016: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42016Release_Final.pdf

o Q2 2016: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22016Release_Final.pdf

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Cboe Europe Equities notices are available online at https://markets.cboe.com/europe/equities/notices/release_notes/.

Trade Desk
Cboe Europe
11 Monument Street | London, EC3R 8AF
T. +44 207 012 8901
E: TradeDeskEU@cboe.com | cboe.com >

REMINDER: BXTR - SI Quote: Infrastructure change, effective Fri 24th Nov, 2017

October 06, 2017 14:51:24

BXTR TRF Participants,
Bats Europe (Bats) would like to inform users of the Systematic Internaliser (SI) Quote Service that in response to the MiFID II regulations coming into effect in 2018, Bats anticipates a significant increase in the volume of Systematic Internaliser quoting. To provide increased capacity in preparation for this, Bats will be expanding the number of units from three to twelve (and hence the range of multicast PITCH addresses) used to publish SI Quote data, furthermore Bats will also offer a Gig shaped multicast PITCH feed in addition to the existing throttled WAN shaped multicast PITCH feed. These changes will be effective from start of day, Friday 24th November 2017. These changes will affect:

* Participants and vendors consuming the existing SI Quote market data from the Bats Multicast PITCH or TCP PITCH feeds.

* Existing Participants acting as Systematic Internalisers, submitting SI Quotes to Bats for publication.

* Participants acting as new Systematic Internalisers submitting SI Quotes to Bats for publication intending to go live in the coming months.
Please note that there will be no changes to BXTR trade reporting infrastructure for either market data or trade submission.

Consumers of SI market data
Participants currently subscribing to the multicast PITCH TRF Quote Feed will be required to switch to subscribing to new multicast IP addresses from the production live date. Participants will also need to switch to new gap request and spin server ports associated with the new feeds. TCP PITCH subscribers will also need to switch to new IPs and Ports from the production live date, affected participants should contact the Trade Desk to request new details.
There will be no changes to the message content or structure, other than to session credentials associated with the new ports and unit identifiers. Participants are advised to review the Bats Europe Multicast PITCH Specification to ensure they have adequate bandwidth to cope with increased volumes, this particularly applies to participants taking the new Gig shaped multicast PITCH feed. Bats will support a pre-production parallel-run period ahead of the production go-live date, allowing market data consumers to switch their connectivity with confidence on the appropriate day.

Systematic Internalisers
Participants publishing SI Quotes via the Bats TRF service will be required to send their quotes to new FIX or BOE ports, utilising new IP addresses and credentials, by the production live date. There will be no changes to the message content or structure, other than to session credentials associated with the new ports. Bats will provide ports in advance of the production go-live date, allowing participants to submit their SI Quotes in parallel to the new ports, to mitigate risk on the go-live date.

Web Portal
The new port details will be visible through a new dedicated tab on the 'Ports' status dashboard on the customer portal. The new Multicast PITCH port numbers and IP addresses can be found at Bats Europe Multicast PITCH Specification.

Reference data
The distribution of data across the 12 units will be similar to the BXE and CXE markets. An additional downloadable reference data file will be provided for participants that require knowledge of the symbol-to-unit mappings.

Migration approach
Bats will be introducing the new market data feeds and quote entry ports in advance of the production go-live date. Participants may consume the new multicast feed in parallel ahead of the production date to ensure connectivity and configuration is in place, this approach will minimise configuration changes and associated risk on the production go-live day.
Bats recommends existing SI Participants consider publishing their SI Quotes to both the old and new ports in advance of the go-live day, again to minimise risk and simplify rollout. SI Participants can opt to have market data output muted for their SI Quotes submitted to the new ports in pre-production.
The pre-production market data will reflect only the SI quotes entered by participating Systematic Internalisers, and so should not be used for production purposes during the pre-production period. Bats will disseminate quotes on test symbols (e.g. TESTl, TESTa etc) on the new data feed ports.
The Bats certification (UAT) environment will migrate to 12 units in exactly the same way. Participants may request market data and/or SI Quote port entry in the Certification environment from Friday 1st September.
Timeline

* Friday 1st September - Availability of SI Quote entry ports and multicast publication in the Certification environment.

* Friday 20th October - Availability of pre-production ports and multicast publication in the Production and DR environments.

* Friday 24th November - Data on the new multicast addresses is considered Production, and publication on the old addresses will cease. Systematic Internalisers should be quoting on their new SI Quote ports on or before this date. Multicast publication will also cease on the old Certification addresses on this date. SI Quote ports on the old addresses will be disabled in both Production and Certification environments.

Documentation

* The Multicast PITCH specification is available for download at the following link http://www.bats.com/europe/equities/support/market_data/.

* Participants can view their GRP connectivity status and session details at any time via the Ports Dashboard tool.

All current and historical Bats Europe notices, including symbol universe updates, are available online at http://www.bats.com/europe/equities/notices/release_notes/

Please contact the Trade Desk or your Account Manager if you have any questions.

Trade Desk,
Bats Europe, a CBOE company
Phone: +44 20 7012 8901
Email: TradeDeskEurope@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER: Bats Europe: Mandatory Q4 2017 Exchange Release - Upcoming Changes, effective Fri 27th October 2017

September 21, 2017 16:36:44

Dear Bats Europe Participants

Please note the following amendments to the previously communicated notice:

* The mandatory MiFID II change to the Iceberg Order type behaviour will not take place on Friday 27th October 2017. This change in behaviour will now occur when MiFID II comes into effect.

* Post MiFID II implementation, Bats will not be supporting ETRs in RTS 2 (non-equity) instruments, so the previously announced changes to the below will not take place:

o The value 'SIZE' on inbound Trade Capture Reports in BXE and CXE

o The multiple values for 'ILQD and SIZE' or 'ILQD and LRGS' on outbound Trade Capture Reports in BXE and CXE

Bats Europe (Bats) is pleased to announce its Q4 2017 Exchange Release which takes effect in the Production BXE, CXE and TRF environments, Friday, 27th October 2017. Please consult the Q4 2017 Exchange Release Guidance Note for the complete list of changes.

Summary of Mandatory Changes (Protocols and Files)
FIX:
Removal of MTFAccessFee and Support for FeeCode

* MTFAccessFee (FIX tag 9621), sent back on Execution Reports to participants, will be deprecated from the BXE and CXE Production environments, effective Friday, 1st September 2017. From this date, the field will return a value of zero (MTFAccessFee=0), and as valid values will no longer be calculated, this field should be ignored. Further to this, as of Friday, 27th October 2017, MTFAccessFee will be removed in Production. Participants using FIX order entry and/or dropcopy must be prepared for these changes at start of day on the effective date.

* As announced in the Q2 2017 release, Bats already supports FeeCode (FIX tag 9882). This is a replacement for MTFAccessFee which can be enabled at a FIX port level in BXE, CXE and TRF. Please contact the Trade Desk if you would like this enabled. For Participants using Binary Order Entry (BOE), FeeCode is already an existing optional bitfield that can be requested and will remain such.
FIX and BOE:
Deferred publication of Trade Capture Reports on-exchange (BXE/CXE) must have 'DEAL' capacity.

* Participants will need to set Capacity of Principal which maps to 'DEAL' when requesting deferred publication for on-exchange Trade Capture Reports, otherwise the deferral will not be honoured and the Trade Capture Report will be published immediately.

Market Data (Multicast and TCP Pitch):

* Trades with a pending price will be published with the new MMT Level 3.8 value of 'N' (price is currently not available but pending) in TRF.

* Trades with a pending price may be published with a Price value of '0' (zero) in TRF

* Trades will be published with the new MMT Level 1 value of '7' (Any other, Including Hybrid) in TRF

* Trades will be published with the MMT Level 3.2 Pre-Trade Transparency Waiver values of '6' (ILQD and SIZE) in TRF

* Trades will be published with the new MMT Level 4.1 Deferral values of '5' (ILQD and SIZE) and '6' (ILQD and LRGS) in BXE, CXE and TRF

Market Data (Last Sale):

* Support for an additional value of 'PNDG' (Price is Pending) in the Price Discovery Process field.

* Support for a '0' (zero) value in the Price field if the price is pending, as denoted by the Price Discovery Process field.

* In the Negotiation Flag field, if the Pre-Trade Transparency Waivers of 'ILQD' and 'SIZE' both apply to the trade, 'SIZE' will be published in this field

* In the Post-Trade Deferral Reason field, if the Post-Trade Deferral Reasons of 'ILQD and SIZE' or 'ILQD and LRGS' both apply to the trade, 'ILQD' will be published in this field

Symbol File:

* Addition of new column 'venue_cap_percentage' to the Symbol Reference data files for BXE, CXE, TRF and LIS

Trade Data File:

* A new value of 'PNDG' will be supported in the existing Price Formation column

* A value of '0' (zero) will be supported in the Price column if the price is pending

* A new value of 'AnyOtherIncludingHybridMarket' will be supported in the existing Market Mechanism column

* A new value of 'IlliquidSI SizeSpecificSI' will be supported in the existing Negotiated Trade column

* A new value of 'Deferred (Illiquid) Deferred (SizeSpecific)' will be supported in the existing Publication Mode column

* A new value of 'Deferred (Illiquid) Deferred (Large In Scale)' will be supported in the existing Publication Mode column

Trade Detail File:

* A value of '0' (zero) will be supported in the Price column if the price is pending

Summary of Optional Changes
FIX and BOE:

* Support for '0' (zero) as an accepted value in Price field on inbound Trade Capture Reports in TRF

* Addition of 'PNDG' as a value on inbound Trade Capture Reports in TRF

* Addition of 'LRGS' on inbound Trade Capture Reports in TRF

* Addition of new VenueType value of 'H' (Hybrid) on inbound Trade Capture Reports in TRF

* Waivers:

o Support for multiple value for 'ILQD and SIZE' on inbound Trade Capture Reports in TRF

* Deferrals:

o Support for multiple values for 'ILQD and SIZE' or 'ILQD and LRGS' on inbound and outbound Trade Capture Reports in TRF

Introduction of the Firm Order Record Keeping service:
As part of the Bats 2017 Q4 Exchange Release, Bats is pleased to announce the introduction of the Firm Order Record Keeping service.

* Firm Order Record Keeping files provide order activity data on orders placed on Bats BXE and CXE environments and are provided to all firms to aid them in meeting record keeping obligations under MiFID II RTS 6.

For further details on the Firm Order Record Keeping service offering please refer to the specification<*%09http:/cdn.batstrading.com/resources/participant_resources/Bats_Europe_MiFID2_RTS6_Firm_Order_Record_Keeping_File_Specification.pdf>. As a reminder, Participants are required to meet their MiFID II Order Record Keeping obligations as previously announced and described on the Bats MiFID II microsite.

Testing & Production Schedule
All features described above will come into force in Production environments on Friday, 27th October 2017 and in Certification (UAT) environments according to the below schedule:
Environment

Q4 2017 Release Availability

BXE UAT

Monday 25th September

CXE UAT

Monday 9th October

TRF UAT

Monday 25th September

MTFAccessFee deprecation schedule
Environment

MTFAccessFee value set to '0'

MTFAccessFee field removed

FeeCode availability

BXE and CXE UAT

Monday 28th August

Monday 25th September

Now

TRF UAT

N/A

N/A

Now

BXE and CXE Production

Friday 1st September

Friday 27th October

Now

TRF Production

N/A

N/A

Now

Firm Order Record Keeping will be available in Certification on Monday, 25th September 2017 and Production on Friday, 27th October 2017.

DOCUMENTATION

* Bats MiFID II Implementation Milestones: https://www.bats.com/europe/equities/regulation/mifid/milestones/

* Q4 2017 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42017Release_Final.pdf

* BXE/CXE FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification.pdf

* BXE/CXE BOEv2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification.pdf

* TRF FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification.pdf

* TRF BOE v2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_TRF_BOE2_Specification.pdf

* TCP PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_PITCH_Specification.pdf

* MC PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MC_PITCH_Specification.pdf

* Last Sale: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Last_Sale_Specification.pdf

* Symbol File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Reference_Data.pdf

* Trade Data File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Data_File.pdf

* Trade Detail File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Detail_File.pdf

* Firm Order Record Keeping: http://cdn.batstrading.com/resources/participant_resources/Bats_Europe_MiFID2_RTS6_Firm_Order_Record_Keeping_File_Specification.pdf

* Technical Change Calendar: http://cdn.batstrading.com/resources/participant_resources/BATS_Change_Calendar.pdf

* Introduction of a new Bats Exchange Fee Schedules:

o BXE: http://www.bats.com/europe/equities/participation/fee_schedule/bxe/

o CXE: http://www.bats.com/europe/equities/participation/fee_schedule/cxe/

o TRF: http://www.bats.com/europe/equities/participation/fee_schedule/trf/

* Previous MiFID II Exchange Release Guidance Notes:

o Q2 2017: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22017Release_Final.pdf

o Q4 2016: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42016Release_Final.pdf

o Q2 2016: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22016Release_Final.pdf

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices are available online at https://www.bats.com/europe/equities/notices/release_notes/.

Trade Desk,
Bats Europe, a CBOE company
Phone: +44 20 7012 8901
Email: TradeDeskEurope@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER: BXTR - SI Quote: Infrastructure change, effective Fri 24th Nov, 2017

September 01, 2017 12:32:54

BXTR TRF Participants,
Bats Europe (Bats) would like to inform users of the Systematic Internaliser (SI) Quote Service that in response to the MiFID II regulations coming into effect in 2018, Bats anticipates a significant increase in the volume of Systematic Internaliser quoting. To provide increased capacity in preparation for this, Bats will be expanding the number of units from three to twelve (and hence the range of multicast PITCH addresses) used to publish SI Quote data, furthermore Bats will also offer a Gig shaped multicast PITCH feed in addition to the existing throttled WAN shaped multicast PITCH feed. These changes will be effective from start of day, Friday 24th November 2017. These changes will affect:

* Participants and vendors consuming the existing SI Quote market data from the Bats Multicast PITCH or TCP PITCH feeds.

* Existing Participants acting as Systematic Internalisers, submitting SI Quotes to Bats for publication.

* Participants acting as new Systematic Internalisers submitting SI Quotes to Bats for publication intending to go live in the coming months.
Please note that there will be no changes to BXTR trade reporting infrastructure for either market data or trade submission.

Consumers of SI market data
Participants currently subscribing to the multicast PITCH TRF Quote Feed will be required to switch to subscribing to new multicast IP addresses from the production live date. Participants will also need to switch to new gap request and spin server ports associated with the new feeds. TCP PITCH subscribers will also need to switch to new IPs and Ports from the production live date, affected participants should contact the Trade Desk to request new details.
There will be no changes to the message content or structure, other than to session credentials associated with the new ports and unit identifiers. Participants are advised to review the Bats Europe Multicast PITCH Specification to ensure they have adequate bandwidth to cope with increased volumes, this particularly applies to participants taking the new Gig shaped multicast PITCH feed. Bats will support a pre-production parallel-run period ahead of the production go-live date, allowing market data consumers to switch their connectivity with confidence on the appropriate day.

Systematic Internalisers
Participants publishing SI Quotes via the Bats TRF service will be required to send their quotes to new FIX or BOE ports, utilising new IP addresses and credentials, by the production live date. There will be no changes to the message content or structure, other than to session credentials associated with the new ports. Bats will provide ports in advance of the production go-live date, allowing participants to submit their SI Quotes in parallel to the new ports, to mitigate risk on the go-live date.

Web Portal
The new port details will be visible through a new dedicated tab on the 'Ports' status dashboard on the customer portal. The new Multicast PITCH port numbers and IP addresses can be found at Bats Europe Multicast PITCH Specification.

Reference data
The distribution of data across the 12 units will be similar to the BXE and CXE markets. An additional downloadable reference data file will be provided for participants that require knowledge of the symbol-to-unit mappings.

Migration approach
Bats will be introducing the new market data feeds and quote entry ports in advance of the production go-live date. Participants may consume the new multicast feed in parallel ahead of the production date to ensure connectivity and configuration is in place, this approach will minimise configuration changes and associated risk on the production go-live day.
Bats recommends existing SI Participants consider publishing their SI Quotes to both the old and new ports in advance of the go-live day, again to minimise risk and simplify rollout. SI Participants can opt to have market data output muted for their SI Quotes submitted to the new ports in pre-production.
The pre-production market data will reflect only the SI quotes entered by participating Systematic Internalisers, and so should not be used for production purposes during the pre-production period. Bats will disseminate quotes on test symbols (e.g. TESTl, TESTa etc) on the new data feed ports.
The Bats certification (UAT) environment will migrate to 12 units in exactly the same way. Participants may request market data and/or SI Quote port entry in the Certification environment from Friday 1st September.
Timeline

* Friday 1st September - Availability of SI Quote entry ports and multicast publication in the Certification environment.

* Friday 20th October - Availability of pre-production ports and multicast publication in the Production and DR environments.

* Friday 24th November - Data on the new multicast addresses is considered Production, and publication on the old addresses will cease. Systematic Internalisers should be quoting on their new SI Quote ports on or before this date. Multicast publication will also cease on the old Certification addresses on this date. SI Quote ports on the old addresses will be disabled in both Production and Certification environments.

Documentation

* The Multicast PITCH specification is available for download at the following link http://www.bats.com/europe/equities/support/market_data/.

* Participants can view their GRP connectivity status and session details at any time via the Ports Dashboard tool.

All current and historical Bats Europe notices, including symbol universe updates, are available online at http://www.bats.com/europe/equities/notices/release_notes/

Please contact the Trade Desk or your Account Manager if you have any questions.

Trade Desk,
Bats Europe, a CBOE company
Phone: +44 20 7012 8901
Email: TradeDeskEurope@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER: Bats Europe: Mandatory Q4 2017 Exchange Release - Upcoming Changes, effective Fri 27th October 2017

August 30, 2017 13:03:57

Dear Bats Europe Participants

Bats Europe (Bats) is pleased to announce its Q4 2017 Exchange Release which takes effect in the Production BXE, CXE and TRF environments, Friday, 27th October 2017. Please consult the Q4 2017 Exchange Release Guidance Note for the complete list of changes.

Summary of Mandatory Changes (Protocols and Files)
FIX:
Removal of MTFAccessFee and Support for FeeCode

* MTFAccessFee (FIX tag 9621), sent back on Execution Reports to participants, will be deprecated from the BXE and CXE Production environments, effective Friday, 1st September 2017. From this date, the field will return a value of zero (MTFAccessFee=0), and as valid values will no longer be calculated, this field should be ignored. Further to this, as of Friday, 27th October 2017, MTFAccessFee will be removed in Production. Participants using FIX order entry and/or dropcopy must be prepared for these changes at start of day on the effective date.

* As announced in the Q2 2017 release, Bats already supports FeeCode (FIX tag 9882). This is a replacement for MTFAccessFee which can be enabled at a FIX port level in BXE, CXE and TRF. Please contact the Trade Desk if you would like this enabled. For Participants using Binary Order Entry (BOE), FeeCode is already an existing optional bitfield that can be requested and will remain such.
FIX and BOE:
Deferred publication of Trade Capture Reports on-exchange (BXE/CXE) must have 'DEAL' capacity.

* Participants will need to set Capacity of Principal which maps to 'DEAL' when requesting deferred publication for on-exchange Trade Capture Reports, otherwise the deferral will not be honoured and the Trade Capture Report will be published immediately.

Market Data (Multicast and TCP Pitch):

* Trades with a pending price will be published with the new MMT Level 3.8 value of 'N' (price is currently not available but pending) in TRF.

* Trades with a pending price may be published with a Price value of '0' (zero) in TRF

* Trades will be published with the new MMT Level 1 value of '7' (Any other, Including Hybrid) in TRF

* Trades will be published with the MMT Level 3.2 Pre-Trade Transparency Waiver values of '6' (ILQD and SIZE) in TRF

* Trades will be published with the new MMT Level 4.1 Deferral values of '5' (ILQD and SIZE) and '6' (ILQD and LRGS) in BXE, CXE and TRF

Market Data (Last Sale):

* Support for an additional value of 'PNDG' (Price is Pending) in the Price Discovery Process field.

* Support for a '0' (zero) value in the Price field if the price is pending, as denoted by the Price Discovery Process field.

* In the Negotiation Flag field, if the Pre-Trade Transparency Waivers of 'ILQD' and 'SIZE' both apply to the trade, 'SIZE' will be published in this field

* In the Post-Trade Deferral Reason field, if the Post-Trade Deferral Reasons of 'ILQD and SIZE' or 'ILQD and LRGS' both apply to the trade, 'ILQD' will be published in this field

Symbol File:

* Addition of new column 'venue_cap_percentage' to the Symbol Reference data files for BXE, CXE, TRF and LIS

Trade Data File:

* A new value of 'PNDG' will be supported in the existing Price Formation column

* A value of '0' (zero) will be supported in the Price column if the price is pending

* A new value of 'AnyOtherIncludingHybridMarket' will be supported in the existing Market Mechanism column

* A new value of 'IlliquidSI SizeSpecificSI' will be supported in the existing Negotiated Trade column

* A new value of 'Deferred (Illiquid) Deferred (SizeSpecific)' will be supported in the existing Publication Mode column

* A new value of 'Deferred (Illiquid) Deferred (Large In Scale)' will be supported in the existing Publication Mode column

Trade Detail File:

* A value of '0' (zero) will be supported in the Price column if the price is pending

Summary of Mandatory Changes (System Behaviour)

* Effective Friday, 27th October 2017, Bats shall be changing Iceberg Order type behaviour to meet the regulation outlined in RTS 1, which states that an aggressive order cannot interact with any other passive trading interest prior to its disclosure to the order book.

Summary of Optional Changes
FIX and BOE:

* Support for '0' (zero) as an accepted value in Price field on inbound Trade Capture Reports in TRF

* Addition of 'PNDG' as a value on inbound Trade Capture Reports in TRF

* Addition of 'LRGS' on inbound Trade Capture Reports in TRF

* Addition of new VenueType value of 'H' (Hybrid) on inbound Trade Capture Reports in TRF

* Waivers:

o Support for multiple value for 'ILQD and SIZE' on inbound Trade Capture Reports in TRF

* Deferrals:

o Support for multiple values for 'ILQD and SIZE' or 'ILQD and LRGS' on inbound Trade Capture Reports in TRF

o Support for multiple values for 'ILQD and SIZE' or 'ILQD and LRGS' on outbound Trade Capture Reports in BXE, CXE and TRF

* Addition of support for value 'SIZE' on inbound Trade Capture Reports in BXE and CXE

Introduction of the Firm Order Record Keeping service:
As part of the Bats 2017 Q4 Exchange Release, Bats is pleased to announce the introduction of the Firm Order Record Keeping service.

* Firm Order Record Keeping files provide order activity data on orders placed on Bats BXE and CXE environments and are provided to all firms to aid them in meeting record keeping obligations under MiFID II RTS 6.

For further details on the Firm Order Record Keeping service offering please refer to the specification<*%09http:/cdn.batstrading.com/resources/participant_resources/Bats_Europe_MiFID2_RTS6_Firm_Order_Record_Keeping_File_Specification.pdf>. As a reminder, Participants are required to meet their MiFID II Order Record Keeping obligations as previously announced and described on the Bats MiFID II microsite.

Testing & Production Schedule
All features described above will come into force in Production environments on Friday, 27th October 2017 and in Certification (UAT) environments according to the below schedule:
Environment

Q4 2017 Release Availability

BXE UAT

Monday 25th September

CXE UAT

Monday 9th October

TRF UAT

Monday 25th September

MTFAccessFee deprecation schedule
Environment

MTFAccessFee value set to '0'

MTFAccessFee field removed

FeeCode availability

BXE and CXE UAT

Monday 28th August

Monday 25th September

Now

TRF UAT

N/A

N/A

Now

BXE and CXE Production

Friday 1st September

Friday 27th October

Now

TRF Production

N/A

N/A

Now

Firm Order Record Keeping will be available in Certification on Monday, 25th September 2017 and Production on Friday, 27th October 2017.

DOCUMENTATION

* Bats MiFID II Implementation Milestones: https://www.bats.com/europe/equities/regulation/mifid/milestones/

* Q4 2017 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42017Release_Final.pdf

* BXE/CXE FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification.pdf

* BXE/CXE BOEv2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification.pdf

* TRF FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification.pdf

* TRF BOE v2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_TRF_BOE2_Specification.pdf

* TCP PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_PITCH_Specification.pdf

* MC PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MC_PITCH_Specification.pdf

* Last Sale: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Last_Sale_Specification.pdf

* Symbol File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Reference_Data.pdf

* Trade Data File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Data_File.pdf

* Trade Detail File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Detail_File.pdf

* Firm Order Record Keeping: http://cdn.batstrading.com/resources/participant_resources/Bats_Europe_MiFID2_RTS6_Firm_Order_Record_Keeping_File_Specification.pdf

* Technical Change Calendar: http://cdn.batstrading.com/resources/participant_resources/BATS_Change_Calendar.pdf

* Introduction of a new Bats Exchange Fee Schedules:

o BXE: http://www.bats.com/europe/equities/participation/fee_schedule/bxe/

o CXE: http://www.bats.com/europe/equities/participation/fee_schedule/cxe/

o TRF: http://www.bats.com/europe/equities/participation/fee_schedule/trf/

* Previous MiFID II Exchange Release Guidance Notes:

o Q2 2017: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22017Release_Final.pdf

o Q4 2016: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42016Release_Final.pdf

o Q2 2016: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22016Release_Final.pdf

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices are available online at https://www.bats.com/europe/equities/notices/release_notes/.

Trade Desk,
Bats Europe, a CBOE company
Phone: +44 20 7012 8901
Email: TradeDeskEurope@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BXTR - SI Quote: Infrastructure change, effective Fri 24th Nov, 2017

August 16, 2017 16:09:51

BXTR TRF Participants,
Bats Europe (Bats) would like to inform users of the Systematic Internaliser (SI) Quote Service that in response to the MiFID II regulations coming into effect in 2018, Bats anticipates a significant increase in the volume of Systematic Internaliser quoting. To provide increased capacity in preparation for this, Bats will be expanding the number of units from three to twelve (and hence the range of multicast PITCH addresses) used to publish SI Quote data, furthermore Bats will also offer a Gig shaped multicast PITCH feed in addition to the existing throttled WAN shaped multicast PITCH feed. These changes will be effective from start of day, Friday 24th November 2017. These changes will affect:

* Participants and vendors consuming the existing SI Quote market data from the Bats Multicast PITCH or TCP PITCH feeds.

* Existing Participants acting as Systematic Internalisers, submitting SI Quotes to Bats for publication.

* Participants acting as new Systematic Internalisers submitting SI Quotes to Bats for publication intending to go live in the coming months.
Please note that there will be no changes to BXTR trade reporting infrastructure for either market data or trade submission.

Consumers of SI market data
Participants currently subscribing to the multicast PITCH TRF Quote Feed will be required to switch to subscribing to new multicast IP addresses from the production live date. Participants will also need to switch to new gap request and spin server ports associated with the new feeds. TCP PITCH subscribers will also need to switch to new IPs and Ports from the production live date, affected participants should contact the Trade Desk to request new details.
There will be no changes to the message content or structure, other than to session credentials associated with the new ports and unit identifiers. Participants are advised to review the Bats Europe Multicast PITCH Specification to ensure they have adequate bandwidth to cope with increased volumes, this particularly applies to participants taking the new Gig shaped multicast PITCH feed. Bats will support a pre-production parallel-run period ahead of the production go-live date, allowing market data consumers to switch their connectivity with confidence on the appropriate day.

Systematic Internalisers
Participants publishing SI Quotes via the Bats TRF service will be required to send their quotes to new FIX or BOE ports, utilising new IP addresses and credentials, by the production live date. There will be no changes to the message content or structure, other than to session credentials associated with the new ports. Bats will provide ports in advance of the production go-live date, allowing participants to submit their SI Quotes in parallel to the new ports, to mitigate risk on the go-live date.

Web Portal
The new port details will be visible through a new dedicated tab on the 'Ports' status dashboard on the customer portal. The new Multicast PITCH port numbers and IP addresses can be found at Bats Europe Multicast PITCH Specification.

Reference data
The distribution of data across the 12 units will be similar to the BXE and CXE markets. An additional downloadable reference data file will be provided for participants that require knowledge of the symbol-to-unit mappings.

Migration approach
Bats will be introducing the new market data feeds and quote entry ports in advance of the production go-live date. Participants may consume the new multicast feed in parallel ahead of the production date to ensure connectivity and configuration is in place, this approach will minimise configuration changes and associated risk on the production go-live day.
Bats recommends existing SI Participants consider publishing their SI Quotes to both the old and new ports in advance of the go-live day, again to minimise risk and simplify rollout. SI Participants can opt to have market data output muted for their SI Quotes submitted to the new ports in pre-production.
The pre-production market data will reflect only the SI quotes entered by participating Systematic Internalisers, and so should not be used for production purposes during the pre-production period. Bats will disseminate quotes on test symbols (e.g. TESTl, TESTa etc) on the new data feed ports.
The Bats certification (UAT) environment will migrate to 12 units in exactly the same way. Participants may request market data and/or SI Quote port entry in the Certification environment from Friday 1st September.
Timeline

* Friday 1st September - Availability of SI Quote entry ports and multicast publication in the Certification environment.

* Friday 20th October - Availability of pre-production ports and multicast publication in the Production and DR environments.

* Friday 24th November - Data on the new multicast addresses is considered Production, and publication on the old addresses will cease. Systematic Internalisers should be quoting on their new SI Quote ports on or before this date. Multicast publication will also cease on the old Certification addresses on this date. SI Quote ports on the old addresses will be disabled in both Production and Certification environments.

Documentation

* The Multicast PITCH specification is available for download at the following link http://www.bats.com/europe/equities/support/market_data/.

* Participants can view their GRP connectivity status and session details at any time via the Ports Dashboard tool.

All current and historical Bats Europe notices, including symbol universe updates, are available online at http://www.bats.com/europe/equities/notices/release_notes/

Please contact the Trade Desk or your Account Manager if you have any questions.

Trade Desk,
Bats Europe, a CBOE company
Phone: +44 20 7012 8901
Email: TradeDeskEurope@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

Bats Europe: Mandatory Q4 2017 Exchange Release - Upcoming Changes, effective Fri 27th October 2017

July 27, 2017 16:47:04

Dear Bats Europe Participants

Bats Europe (Bats) is pleased to announce its Q4 2017 Exchange Release which takes effect in the Production BXE, CXE and TRF environments, Friday, 27th October 2017. Please consult the Q4 2017 Exchange Release Guidance Note for the complete list of changes.

Summary of Mandatory Changes (Protocols and Files)
FIX:
Removal of MTFAccessFee and Support for FeeCode

* MTFAccessFee (FIX tag 9621), sent back on Execution Reports to participants, will be deprecated from the BXE and CXE Production environments, effective Friday, 1st September 2017. From this date, the field will return a value of zero (MTFAccessFee=0), and as valid values will no longer be calculated, this field should be ignored. Further to this, as of Friday, 27th October 2017, MTFAccessFee will be removed in Production. Participants using FIX order entry and/or dropcopy must be prepared for these changes at start of day on the effective date.

* As announced in the Q2 2017 release, Bats already supports FeeCode (FIX tag 9882). This is a replacement for MTFAccessFee which can be enabled at a FIX port level in BXE, CXE and TRF. Please contact the Trade Desk if you would like this enabled. For Participants using Binary Order Entry (BOE), FeeCode is already an existing optional bitfield that can be requested and will remain such.
FIX and BOE:
Deferred publication of Trade Capture Reports on-exchange (BXE/CXE) must have 'DEAL' capacity.

* Participants will need to set Capacity of Principal which maps to 'DEAL' when requesting deferred publication for on-exchange Trade Capture Reports, otherwise the deferral will not be honoured and the Trade Capture Report will be published immediately.

Market Data (Multicast and TCP Pitch):

* Trades with a pending price will be published with the new MMT Level 3.8 value of 'N' (price is currently not available but pending) in TRF.

* Trades with a pending price may be published with a Price value of '0' (zero) in TRF

* Trades will be published with the new MMT Level 1 value of '7' (Any other, Including Hybrid) in TRF

* Trades will be published with the MMT Level 3.2 Pre-Trade Transparency Waiver values of '6' (ILQD and SIZE) in TRF

* Trades will be published with the new MMT Level 4.1 Deferral values of '5' (ILQD and SIZE) and '6' (ILQD and LRGS) in BXE, CXE and TRF

Market Data (Last Sale):

* Support for an additional value of 'PNDG' (Price is Pending) in the Price Discovery Process field.

* Support for a '0' (zero) value in the Price field if the price is pending, as denoted by the Price Discovery Process field.

* In the Negotiation Flag field, if the Pre-Trade Transparency Waivers of 'ILQD' and 'SIZE' both apply to the trade, 'SIZE' will be published in this field

* In the Post-Trade Deferral Reason field, if the Post-Trade Deferral Reasons of 'ILQD and SIZE' or 'ILQD and LRGS' both apply to the trade, 'ILQD' will be published in this field

Symbol File:

* Addition of new column 'venue_cap_percentage' to the Symbol Reference data files for BXE, CXE, TRF and LIS

Trade Data File:

* A new value of 'PNDG' will be supported in the existing Price Formation column

* A value of '0' (zero) will be supported in the Price column if the price is pending

* A new value of 'AnyOtherIncludingHybridMarket' will be supported in the existing Market Mechanism column

* A new value of 'IlliquidSI SizeSpecificSI' will be supported in the existing Negotiated Trade column

* A new value of 'Deferred (Illiquid) Deferred (SizeSpecific)' will be supported in the existing Publication Mode column

* A new value of 'Deferred (Illiquid) Deferred (Large In Scale)' will be supported in the existing Publication Mode column

Trade Detail File:

* A value of '0' (zero) will be supported in the Price column if the price is pending

Summary of Mandatory Changes (System Behaviour)

* Effective Friday, 27th October 2017, Bats shall be changing Iceberg Order type behaviour to meet the regulation outlined in RTS 1, which states that an aggressive order cannot interact with any other passive trading interest prior to its disclosure to the order book.

Summary of Optional Changes
FIX and BOE:

* Support for '0' (zero) as an accepted value in Price field on inbound Trade Capture Reports in TRF

* Addition of 'PNDG' as a value on inbound Trade Capture Reports in TRF

* Addition of 'LRGS' on inbound Trade Capture Reports in TRF

* Addition of new VenueType value of 'H' (Hybrid) on inbound Trade Capture Reports in TRF

* Waivers:

o Support for multiple value for 'ILQD and SIZE' on inbound Trade Capture Reports in TRF

* Deferrals:

o Support for multiple values for 'ILQD and SIZE' or 'ILQD and LRGS' on inbound Trade Capture Reports in TRF

o Support for multiple values for 'ILQD and SIZE' or 'ILQD and LRGS' on outbound Trade Capture Reports in BXE, CXE and TRF

* Addition of support for value 'SIZE' on inbound Trade Capture Reports in BXE and CXE

Introduction of the Firm Order Record Keeping service:
As part of the Bats 2017 Q4 Exchange Release, Bats is pleased to announce the introduction of the Firm Order Record Keeping service.

* Firm Order Record Keeping files provide order activity data on orders placed on Bats BXE and CXE environments and are provided to all firms to aid them in meeting record keeping obligations under MiFID II RTS 6.

For further details on the Firm Order Record Keeping service offering please refer to the specification<*%09http:/cdn.batstrading.com/resources/participant_resources/Bats_Europe_MiFID2_RTS6_Firm_Order_Record_Keeping_File_Specification.pdf>. As a reminder, Participants are required to meet their MiFID II Order Record Keeping obligations as previously announced and described on the Bats MiFID II microsite.

Testing & Production Schedule
All features described above will come into force in Production environments on Friday, 27th October 2017 and in Certification (UAT) environments according to the below schedule:
Environment

Q4 2017 Release Availability

BXE UAT

Monday 25th September

CXE UAT

Monday 9th October

TRF UAT

Monday 25th September

MTFAccessFee deprecation schedule
Environment

MTFAccessFee value set to '0'

MTFAccessFee field removed

FeeCode availability

BXE and CXE UAT

Monday 28th August

Monday 25th September

Now

TRF UAT

N/A

N/A

Now

BXE and CXE Production

Friday 1st September

Friday 27th October

Now

TRF Production

N/A

N/A

Now

Firm Order Record Keeping will be available in Certification on Monday, 25th September 2017 and Production on Friday, 27th October 2017.

DOCUMENTATION

* Bats MiFID II Implementation Milestones: https://www.bats.com/europe/equities/regulation/mifid/milestones/

* Q4 2017 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42017Release_Final.pdf

* BXE/CXE FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification.pdf

* BXE/CXE BOEv2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification.pdf

* TRF FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification.pdf

* TRF BOE v2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_TRF_BOE2_Specification.pdf

* TCP PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_PITCH_Specification.pdf

* MC PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MC_PITCH_Specification.pdf

* Last Sale: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Last_Sale_Specification.pdf

* Symbol File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Reference_Data.pdf

* Trade Data File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Data_File.pdf

* Trade Detail File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Detail_File.pdf

* Firm Order Record Keeping: http://cdn.batstrading.com/resources/participant_resources/Bats_Europe_MiFID2_RTS6_Firm_Order_Record_Keeping_File_Specification.pdf

* Technical Change Calendar: http://cdn.batstrading.com/resources/participant_resources/BATS_Change_Calendar.pdf

* Introduction of a new Bats Exchange Fee Schedules:

o BXE: http://www.bats.com/europe/equities/participation/fee_schedule/bxe/

o CXE: http://www.bats.com/europe/equities/participation/fee_schedule/cxe/

o TRF: http://www.bats.com/europe/equities/participation/fee_schedule/trf/

* Previous MiFID II Exchange Release Guidance Notes:

o Q2 2017: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22017Release_Final.pdf

o Q4 2016: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42016Release_Final.pdf

o Q2 2016: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22016Release_Final.pdf

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices are available online at https://www.bats.com/europe/equities/notices/release_notes/.

Trade Desk,
Bats Europe, a CBOE company
Phone: +44 20 7012 8901
Email: TradeDeskEurope@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER: Bats Europe: Mandatory Q2 2017 Exchange Release - Upcoming Changes, effective Fri 14th July 2017

June 26, 2017 12:29:56

Dear Bats Europe Participants

Bats Europe (Bats) would like to remind Participants of the Q2 2017 Exchange Release effective in the PRODUCTION environments on Friday, 14th July 2017.
In addition, Participants should note that there will be a Change Freeze in place between 10th July and 17th July. Participants wishing to order new ports must submit requests by 16:00 UK time on 7th July.
As previously announced, please note there are mandatory protocol-level (FIX, BOE, PITCH, DROP) interface changes in the Bats BXE, CXE and Trade Reporting Facility (TRF) environments in this release.
Participants using these services are urged to contact the Trade Desk to arrange certification as soon as possible.

The changes in this release constitute the main functional changes to real-time protocols for 2017, which are considered mandatory for MiFIR and MiFID II (collectively "MiFID II") compliance and MMT v3 adherence. They are in addition to previous exchange releases which included MiFID II-related content. Bats' MiFID II implementation milestones can be found here. Participants are advised to check this resource regularly for Bats' upcoming MiFID II milestones.

Specifically, these changes are being made to provide support for:

* further features related to MiFIR and MiFID II (collectively "MiFID II") compliance

* fields that have been added and updated in order to align with the FIX Trading Community standard

* MMT v3, as published by FIX Trading Community

* new Bats fee codes which describe the category of fee applicable to trades on Bats BXE, CXE and TRF platforms

This release incorporates a series of significant mandatory enhancements:

* Support for MMT v3 in the Bats market data feeds and trade reporting products
* Update of FIX, BOE and Identifier Management Application fields for RTS 24 Order Record Keeping
* Order Capacity and Liquidity Provision designation will now be mandatory

* Order Capacity will no longer be used to determine which Central Counterparty (CCP) Account Type prefix to use in Account field

* Support for Short Sale specifications
* Addition of Waiver Type indicator
* LastMkt supplied by default on executions
* Support for publication of trades in unknown symbology on Market Data Feeds
* FIX timestamps in microseconds by default
Please consult the 2017 Q2 Exchange Release Guidance Note for the complete list of mandatory changes.

Testing & Production

All features described above will be made available in Production environments on Friday, 14th July 2017, and are available now in BXE, CXE and TRF Certification environments.

DOCUMENTATION

* Bats MiFID II implementation milestones: https://www.bats.com/europe/equities/regulation/mifid/milestones/

* Q2 2017 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22017Release_Final.pdf

* BXE/CXE FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification_Effective.pdf

* BXE/CXE BOEv2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TRF FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification_Effective.pdf

* TRF BOE v2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TCP PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_PITCH_Specification_Effective.pdf

* MC PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MC_PITCH_Specification_Effective.pdf

* MiFID II Identifier Management: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MiFID2_Identifier_Management_Specification.pdf

* Trade Data File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Data_File_Effective.pdf

* Trade Detail File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Detail_File_Effective.pdf

* Trading Price List: http://cdn.batstrading.com/resources/participant_resources/BATSEuro_Pricing.pdf

* Technical Change Calendar: http://cdn.batstrading.com/resources/participant_resources/BATS_Change_Calendar.pdf

* Previous MiFID II Exchange Releases:

o Q4 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42016Release_Final.pdf

o Q2 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22016Release_Final.pdf

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online at https://www.bats.com/europe/equities/notices/release_notes/.

Trade Desk,
Bats Europe, a CBOE company
Phone: +44 20 7012 8901
Email: TradeDeskEurope@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

Bats Europe: Periodic Auctions Order Book - Introduction of Broker Preferencing and Change to Symbol Reference File, effective 28th July 2017

June 16, 2017 15:29:16

Dear Bats Europe Participants,

Bats Europe is pleased to introduce a new optional Broker Preferencing feature for the Periodic Auction Book which adds the Broker to the allocation priority algorithm. Introduction of the feature, subject to the satisfactory completion of a Participant consultation, is expected to be effective Friday 28th July 2017. Please see below for a link to the Participant Notice containing the consultation.

Additionally, the existing minimum duration per auction will be replaced by a new mandatory maximum auction duration time interval. To support this, the "periodic_auction_min_duration" column of the Live Symbol Reference Data files will be renamed to "periodic_auction_max_duration". Current values per symbol will not change.

Summary of the upcoming changes:

Broker Preferencing (opt-in)

Broker Preferencing can be enabled at the port level so that orders submitted to the Periodic Auctions Book will be executed in priority against each other at the Execution Allocation phase. The Periodic Auctions Book algorithm comprises of two steps - Price Determination followed by Execution Allocation. Broker Preferencing will take effect at the Execution Allocation point and will move the allocation priority from Price x Size x Time to Broker x Price x Size x Time for all orders submitted to the Periodic Auctions Book with this attribute.

Technical Implementation

* Participants that would like to enable Broker Preferencing on their order entry ports should contact the Trade Desk.

Change from Minimum Duration to Maximum Duration (mandatory)

The maximum duration feature helps inform Participants how long they can rest orders on the Periodic Auction Book in order to have at least one potential auction match. To be able to provide a fully randomised auction match time up to a specified maximum duration, the 'periodic_auction_min_duration' column will be replaced with 'periodic_auction_max_duration' in the Bats Reference Data and CSV file. The max duration indicates the maximum duration of the auction, expressed in milliseconds, which is inclusive of the randomised end time. The auction will end at a randomised time up until the max duration.

***Please note, only the column heading 'periodic_auction_min_duration' will change to 'periodic_auction_max_duration'. The values per symbol will remain unchanged.***

Testing

* Broker Preferencing can be enabled upon request to the Trade Desk on a per port basis in BXE UAT effective immediately.

* The Maximum Duration change is mandatory and will be available for testing in the Certification (UAT) Live Symbols files effective Monday 24th July 2017.

Pricing

* There are no changes to pricing; review all current price lists here.

Related Documentation
Bats Reference Data and CSV file links
Periodic Auctions Guidance Note
Bats Technical Specifications
Participant Notice 17/02

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online at www.batstrading.co.uk/alerts.
Trade Desk,
Bats Europe, a CBOE company
Phone: +44 20 7012 8901
Email: TradeDeskEurope@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

UPDATE: Bats Europe: Mandatory Q2 2017 Exchange Release - Upcoming Changes, effective Fri 14th July 2017

June 05, 2017 15:06:39

Dear Bats Europe Participants

Bats Europe (Bats) would like to highlight clarifications made to the FIX and BOE specifications for BXE, CXE and TRF environments for the Q2 2017 Exchange Release effective in the PRODUCTION environments Friday, 14th July 2017.
Please see the 2017 Q2 Exchange Release Guidance Note for the complete list of mandatory changes and updates. These updates include:

* MMT v3 changes (see section 2.7 of the 2017 Q2 Exchange Release Guidance Note). These changes are as a result of reviewing Bats MMT v3 implementation against the RTS 1 Decision Tree produced by the FIX MiFID Transparency Subgroup (note this is in draft format). This details usage of the post trade transparency flags to satisfy ESMA requirements as per RTS 1 guidelines:

* Further guidance for MMT v3 flagging of BENC, PRIC, NPFT and TNCP trades

* MMT Input/Output Guidance section has been updated :

o with separate tables for on-exchange and off-exchange usage to aid readability

o to clarify the on-exchange inbound values which drive PRIC value on outbound market data

o to remove RPRI on-exchange as a valid value

o to remove NPFT off-exchange as a valid value

* MiFID II changes:

* Addition of a new value '0' (Default) for OrderOrigination

* PartyRoleQualifier and BOE equivalents no longer mandatory for reserved short code IDs

* Increased range of valid short code values to 4,294,967,295

* MiFID II Identifier Management Application has been enhanced to support programmatic upload and download via an API

As previously announced, please note there are mandatory protocol-level (FIX, BOE, PITCH, DROP) interface changes in the Bats BXE, CXE and Trade Reporting Facility (TRF) environments in this release, and as such participants using these services are urged to contact the Trade Desk to schedule in a certification test as soon as possible.

The changes in this release constitute the main functional changes to real-time protocols for 2017, which are considered mandatory for MiFIR and MiFID II (collectively "MiFID II") compliance and MMT v3 adherence. They are in addition to previous exchange releases which included MiFID II-related content. Bats' MiFID II implementation milestones can be found here. Participants are advised to check this resource regularly for Bats' upcoming MiFID II milestones.

Specifically, these changes are being made to provide support for:

* further features related to MiFIR and MiFID II (collectively "MiFID II") compliance

* fields that have been added and updated in order to align with the FIX Trading Community standard

* MMT v3, as published by FIX Trading Community

* new Bats fee codes which describe the category of fee applicable to trades on Bats BXE, CXE and TRF platforms

This release incorporates a series of significant mandatory enhancements:

* Support for MMT v3 in the Bats market data feeds and trade reporting products
* Update of FIX, BOE and Identifier Management Application fields for RTS 24 Order Record Keeping
* Order Capacity and Liquidity Provision designation will now be mandatory

* Order Capacity will no longer be used to determine which Central Counterparty (CCP) Account Type prefix to use in Account field

* Support for Short Sale specifications
* Addition of Waiver Type indicator
* LastMkt supplied by default on executions
* Support for publication of trades in unknown symbology on Market Data Feeds
* FIX timestamps in microseconds by default
Please consult the 2017 Q2 Exchange Release Guidance Note for the complete list of mandatory changes.

Testing & Production

All features described above will be made available in Production environments on Friday, 14th July 2017, and in Certification environments according to the below schedule:

Environment

MMT v3 inbound order handler availability *

MMT v3 outbound market data mandatory *

MiFID II availability *

Fee Codes *

BXE UAT

7th March

7th March

7th March

7th March

CXE UAT

13th June

13th June

13th June

7th March

TRF UAT

7th March

7th March

7th March

7th March

*see 2017 Q2 Exchange Release Guidance Note for list of MMTv3, MiFID II and Fee Code changes

DOCUMENTATION

* Bats MiFID II implementation milestones: https://www.bats.com/europe/equities/regulation/mifid/milestones/

* Q2 2017 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22017Release_Final.pdf

* BXE/CXE FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification_Effective.pdf

* BXE/CXE BOEv2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TRF FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification_Effective.pdf

* TRF BOE v2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TCP PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_PITCH_Specification_Effective.pdf

* MC PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MC_PITCH_Specification_Effective.pdf

* MiFID II Identifier Management: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MiFID2_Identifier_Management_Specification.pdf

* Trade Data File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Data_File_Effective.pdf

* Trade Detail File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Detail_File_Effective.pdf

* Trading Price List: http://cdn.batstrading.com/resources/participant_resources/BATSEuro_Pricing.pdf

* Technical Change Calendar: http://cdn.batstrading.com/resources/participant_resources/BATS_Change_Calendar.pdf

* Previous MiFID II Exchange Releases:

o Q4 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42016Release_Final.pdf

o Q2 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22016Release_Final.pdf

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online at https://www.bats.com/europe/equities/notices/release_notes/.

Trade Desk,
Bats Europe, a CBOE company
Phone: +44 20 7012 8901
Email: TradeDeskEurope@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER: Bats Europe: Mandatory Q2 2017 Exchange Release - Upcoming Changes, effective Fri 14th July 2017

May 19, 2017 14:15:03

Dear Bats Europe Participants

Bats Europe (Bats) would like to remind Participants of the mandatory Q2 2017 Exchange Release which takes effect in the PRODUCTION environments Friday, 14th July 2017.

Please note there are mandatory protocol-level (FIX, BOE, PITCH, DROP) interface changes in the Bats BXE, CXE and Trade Reporting Facility (TRF) environments in this release, and as such participants using these services are urged to contact the Trade Desk to schedule in a certification test as soon as possible.

The changes in this release constitute the main functional changes to real-time protocols for 2017, which are considered mandatory for MiFIR and MiFID II (collectively "MiFID II") compliance and MMT v3 adherence. They are in addition to previous exchange releases which included MiFID II-related content. Bats' MiFID II implementation milestones can be found here. Participants are advised to check this resource regularly for Bats' upcoming MiFID II milestones.

Specifically, these changes are being made to provide support for:

* further features related to MiFIR and MiFID II (collectively "MiFID II") compliance

* fields that have been added and updated in order to align with the FIX Trading Community standard

* MMT v3, as published by FIX Trading Community

* new Bats fee codes which describe the category of fee applicable to trades on Bats BXE, CXE and TRF platforms

This release incorporates a series of significant mandatory enhancements:

* Support for MMT v3 in the Bats market data feeds and trade reporting products
* Update of FIX, BOE and Identifier Management Application fields for RTS 24 Order Record Keeping
* Order Capacity and Liquidity Provision designation will now be mandatory

* Order Capacity will no longer be used to determine which Central Counterparty (CCP) Account Type prefix to use in Account field

* Support for Short Sale specifications
* Addition of Waiver Type indicator
* LastMkt supplied by default on executions
* Support for publication of trades in unknown symbology on Market Data Feeds
* FIX timestamps in microseconds by default
Please consult the 2017 Q2 Exchange Release Guidance Note for the complete list of mandatory changes.

Testing & Production

All features described above will be made available in Production environments on Friday, 14th July 2017, and in Certification environments according to the below schedule:

Environment

MMT v3 inbound order handler availability *

MMT v3 outbound market data mandatory *

MiFID II availability *

Fee Codes *

BXE UAT

7th March

7th March

7th March

7th March

CXE UAT

13th June

13th June

13th June

7th March

TRF UAT

7th March

7th March

7th March

7th March

*see 2017 Q2 Exchange Release Guidance Note for list of MMTv3, MiFID II and Fee Code changes

DOCUMENTATION

* Bats MiFID II implementation milestones: https://www.bats.com/europe/equities/regulation/mifid/milestones/

* Q2 2017 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22017Release_Final.pdf

* BXE/CXE FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification_Effective.pdf

* BXE/CXE BOEv2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TRF FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification_Effective.pdf

* TRF BOE v2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TCP PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_PITCH_Specification_Effective.pdf

* MC PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MC_PITCH_Specification_Effective.pdf

* MiFID II Identifier Management: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MiFID2_Identifier_Management_Specification.pdf

* Trade Data File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Data_File_Effective.pdf

* Trade Detail File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Detail_File_Effective.pdf

* Trading Price List: http://cdn.batstrading.com/resources/participant_resources/BATSEuro_Pricing.pdf

* Technical Change Calendar: http://cdn.batstrading.com/resources/participant_resources/BATS_Change_Calendar.pdf

* Previous MiFID II Exchange Releases:

o Q4 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42016Release_Final.pdf

o Q2 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22016Release_Final.pdf

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online at https://www.bats.com/europe/equities/notices/release_notes/.

Trade Desk,
Bats Europe, a CBOE company
Phone: +44 20 7012 8901
Email: TradeDeskEurope@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

Bats Europe: BXTR TRF CERTIFICATION (UAT) test environment unavailable Fri 5th May, 2017

May 02, 2017 16:02:07

Dear Bats Europe Participants,

Due to scheduled maintenance, the BXTR TRF CERTIFICATION (UAT) test environment will be unavailable on Friday 5th May, 2017.

Please note that the BXE and CXE CERTIFICATION environments are unaffected and will continue to be available for testing as normal.

The BXTR TRF CERTIFICATION test environment will become available again on Monday 8th May, 2017.

Please contact the Trade Desk or your Account Manager if you have any questions.
All current and historical Bats Europe notices, including symbol universe updates, are available online at http://www.bats.com/europe/equities/notices/release_notes/.

Trade Desk,
Bats Europe, a CBOE company
Phone: +44 20 7012 8901
Email: TradeDeskEurope@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

UPDATE: Bats Europe: Mandatory Q2 2017 Exchange Release - POSTPONED to Fri 14th July 2017

April 27, 2017 15:56:28

Dear Bats Europe Participants

Bats Europe (Bats) would like to advise Participants that due to participant change freezes around the UK General Election, the Bats Q2 Exchange release will be postponed from the previously announced Production live date of Friday, 9th June 2017, to the new date of Friday, 14th July 2017. Linked to this, the Q2 release in the CXE Certification (UAT) environment will also be postponed from the previously announced date of Tuesday, 9th May 2017, to the new date of Tuesday, 13th June 2017. Please note that the Q2 release in the BXE and TRF Certification (UAT) environments has been available since Tuesday, 7th March 2017.

As a reminder, please note there are mandatory protocol-level (FIX, BOE, PITCH, DROP) interface changes in the Bats BXE, CXE and Trade Reporting Facility (TRF) environments in this exchange release.

These changes constitute the main functional changes to real-time protocols for 2017, which are considered mandatory for MiFIR and MiFID II (collectively "MiFID II") compliance and MMT v3 adherence. They are in addition to previous exchange releases which included MiFID II-related content. Bats' MiFID II implementation milestones can be found here. Participants are advised to check this resource regularly for Bats' upcoming MiFID II milestones.

These changes are being made in order to provide support for:

* further features related to MiFIR and MiFID II (collectively "MiFID II") compliance

* fields that have been added and updated in order to align with the FIX Trading Community standard

* MMT v3, as published by FIX Trading Community

* new Bats fee codes which describe the category of fee applicable to trades on Bats BXE, CXE and TRF platforms

This release incorporates a series of significant mandatory enhancements:

* Support for MMT v3 in the Bats market data feeds and trade reporting products
* Update of FIX, BOE and Identifier Management Application fields for RTS 24 Order Record Keeping
* Order Capacity and Liquidity Provision designation will now be mandatory

* Order Capacity will no longer be used to determine which Central Counterparty (CCP) Account Type prefix to use in Account field

* Support for Short Sale specifications
* Addition of Waiver Type indicator
* LastMkt supplied by default on executions
* Support for publication of trades in unknown symbology on Market Data Feeds
* FIX timestamps in microseconds by default
Please consult the 2017 Q2 Exchange Release Guidance Note for the complete list of mandatory changes.

Testing & Production

All features described above will be made available in Production environments on Friday, 14th July 2017, and in Certification environments according to the below schedule:

Environment

MMT v3 inbound order handler availability *

MMT v3 outbound market data mandatory *

MiFID II availability *

Fee Codes *

BXE UAT

7th March

7th March

7th March

7th March

CXE UAT

13th June

13th June

13th June

7th March

TRF UAT

7th March

7th March

7th March

7th March

*see 2017 Q2 Exchange Release Guidance Note for list of MMTv3, MiFID II and Fee Code changes

DOCUMENTATION

* Bats MiFID II implementation milestones: https://www.bats.com/europe/equities/regulation/mifid/milestones/

* Q2 2017 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22017Release_Final.pdf

* BXE/CXE FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification_Effective.pdf

* BXE/CXE BOEv2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TRF FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification_Effective.pdf

* TRF BOE v2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TCP PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_PITCH_Specification_Effective.pdf

* MC PITCH: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MC_PITCH_Specification_Effective.pdf

* MiFID II Identifier Management: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MiFID2_Identifier_Management_Specification.pdf

* Trade Data File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Data_File_Effective.pdf

* Trade Detail File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Detail_File_Effective.pdf

* Trading Price List: http://cdn.batstrading.com/resources/participant_resources/BATSEuro_Pricing.pdf

* Technical Change Calendar: http://cdn.batstrading.com/resources/participant_resources/BATS_Change_Calendar.pdf

* Previous MiFID II Exchange Releases:

o Q4 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42016Release_Final.pdf

o Q2 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22016Release_Final.pdf

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online at https://www.bats.com/europe/equities/notices/release_notes/.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

Bats Europe: CXE CERTIFICATION (UAT) test environment unavailable Wed 26th March, 2017

April 25, 2017 07:59:23

Dear Bats Europe Participants,

The CXE CERTIFICATION (UAT) test environment will be unavailable from 12pm UK time on Wednesday 26th April, 2017 due to scheduled maintenance.

Please note that the BXE and TRF CERTIFICATION environments will continue to be available for testing as normal.

The CXE CERTIFICATION test environment will be available again according to the usual timetable on Thursday 27th April, 2017.

Please contact the Trade Desk or your Account Manager if you have any questions.
All current and historical Bats Europe notices, including symbol universe updates, are available online at http://www.bats.com/europe/equities/notices/schedule_update/.

Trade Desk,
Bats Europe, a CBOE company
Phone: +44 20 7012 8901
Email: TradeDeskEurope@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

Bats Europe: Copenhagen market segment open for trading on Mon 1st May, 2017

April 10, 2017 11:01:08

Dear Bats Europe Participants,

Bats Europe BXE and CXE order books will be open for On-Exchange Services for Copenhagen securities only (MIC code XCSE), including Exchange Trade Report (ETR) services, on Monday 1st May 2017. All other market segments will be closed on this date in observance of Labour Day. Regular trading in all market segments will resume on Tuesday, 2nd May 2017.

Please note that Bats Off-Exchange TRF environment is unaffected by the above observation and will be open for all market segments on Monday 1st May 2017.

The Bats Europe Trading Calendar is available here: http://www.bats.com/newsroom/hours/europe/
Please contact the Trade Desk or your Account Manager if you have any questions.
Trade Desk,
Bats Europe, a CBOE company
Phone: +44 20 7012 8901
Email: TradeDeskEurope@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority

UPDATE: Bats Europe: Mandatory Q2 2017 Exchange Release - Upcoming Changes, effective Fri 9th June 2017

March 24, 2017 15:30:48

Dear Bats Europe Participants

Bats Europe (Bats) would like to advise Participants of the following updates to the Q2 2017 Exchange Release and Guidance Note:

* MiFID II indicators and FIX / BOE mapping for the Pre-Trade Transparency Waivers Order Management Facility (Iceberg) and Large In Scale have been added to section 2.4 'FIX & BOE Waiver / Negotiation Indicators'.

* MMT input and output guidance has been added in section 2.7

As a reminder, the Q2 release changes will take effect in PRODUCTION effective Friday, 9th June 2017. Please note there are mandatory protocol-level (FIX, BOE, PITCH, DROP) interface changes in the Bats BXE, CXE and Trade Reporting Facility (TRF) environments in this release.

These changes constitute the main functional changes to real-time protocols for 2017, which are considered mandatory for MiFIR and MiFID II (collectively "MiFID II") compliance and MMT v3 adherence. They are in addition to previous exchange releases which included MiFID II-related content. Bats' MiFID II implementation milestones can be found here. Participants are advised to check this resource regularly for Bats' upcoming MiFID II milestones.

These changes are being made in order to provide support for:

* further features related to MiFIR and MiFID II (collectively "MiFID II") compliance

* fields that have been added and updated in order to align with the FIX Trading Community standard

* MMT v3, as published by FIX Trading Community

* new Bats fee codes which describe the category of fee applicable to trades on Bats BXE, CXE and TRF platforms

This release incorporates a series of significant mandatory enhancements:

* Support for MMT v3 in the Bats market data feeds and trade reporting products
* Update of FIX, BOE and Identifier Management Application fields for RTS 24 Order Record Keeping
* Order Capacity and Liquidity Provision designation will now be mandatory

* Order Capacity will no longer be used to determine which Central Counterparty (CCP) Account Type prefix to use in Account field

* Support for Short Sale specifications
* Addition of Waiver Type indicator
* LastMkt supplied by default on executions
* Support for publication of trades in unknown symbology on Market Data Feeds
* FIX timestamps in microseconds by default
Please consult the 2017 Q2 Exchange Release Guidance Note for the complete list of mandatory changes.

Testing & Production

All features described above will be made available in Production environments on Friday, 9th June 2017 and in Certification environments according to the below schedule:

Environment

MMT v3 inbound order handler availability *

MMT v3 outbound market data mandatory *

MiFID II availability *

Fee Codes *

BXE UAT

7th March

7th March

7th March

7th March

CXE UAT

9th May

9th May

9th May

7th March

TRF UAT

7th March

7th March

7th March

7th March

*see 2017 Q2 Exchange Release Guidance Note for list of MMTv3, MiFID II and Fee Code changes

DOCUMENTATION

* Bats MiFID II implementation milestones: https://www.bats.com/europe/equities/regulation/mifid/milestones/

* Q2 2017 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22017Release_Final.pdf

* BXE/CXE FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification_Effective.pdf

* BXE/CXE BOEv2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TRF FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification_Effective.pdf

* TRF BOE v2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TCP PITCH: http://cdn.batstrading.com/resources/participant_resources/Bats_Europe_PITCH_Specification_Effective.pdf

* MC PITCH: http://cdn.batstrading.com/resources/participant_resources/Bats_Europe_MC_PITCH_Specification_Effective.pdf

* MiFID II Identifier Management: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MiFID2_Identifier_Management_Specification.pdf

* Trade Data File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Data_File_Effective.pdf

* Trade Detail File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Detail_File_Effective.pdf

* Trading Price List: http://cdn.batstrading.com/resources/participant_resources/BATSEuro_Pricing_Effective.pdf

* Technical Change Calendar: http://cdn.batstrading.com/resources/participant_resources/BATS_Change_Calendar.pdf

* Fee Codes (links will become available in UAT from 7th March):

o http://www.bats.com/europe/equities/participation/fee_schedule/bxe/

o http://www.bats.com/europe/equities/participation/fee_schedule/cxe/

o http://www.bats.com/europe/equities/participation/fee_schedule/trf/

* Previous MiFID II Exchange Releases:

o Q4 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42016Release_Final.pdf

o Q2 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22016Release_Final.pdf

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online at https://www.bats.com/europe/equities/notices/release_notes/.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

Bats Europe obtains Trade Data Monitor (TDM) status with SIX Swiss Exchange

March 13, 2017 10:29:02

Dear Bats Europe Participants,

Bats Europe (Bats) is pleased to announce that it has obtained TDM status with the SIX Swiss Exchange, with an effective date of 13th March 2017. This status permits remote members of SIX Swiss Exchange to utilise Bats' OTC reporting service for Swiss securities.

Pricing for OTC reporting of Swiss instruments will be accommodated within the existing fee tariff for the service.

Bats will be making the functionality available to users of its reporting services from Monday, 20th March 2017.

Please contact your Account Manager if you have any questions at saleseurope@bats.com. All current and historical Bats Europe notices are available at www.batstrading.co.uk/alerts.

Thank you for your continued support.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.bats.com
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER: Bats Europe: Annual Disaster Recovery Test - Saturday 11th March 2017

March 10, 2017 10:18:22

Dear Bats Europe Participants

Annual Disaster Recovery test - Saturday 11th March 2017

Bats Europe (Bats) will be conducting its annual disaster recovery (DR) test on the Production BXE and CXE integrated order books and TRF environment tomorrow, Saturday 11th March 2017. Please note this will be the final DR test prior to the implementation of Mifid II in January 2018. The purpose of this testing day is for Bats to simulate various DR failover scenarios, including a test of market failover from its primary data centre at Equinix Slough (LD4) to its secondary data centre at Equinix Park Royal (LD3). Participant attendance is not mandatory but is strongly recommended as this exercise affords Participants the ability to observe how their trading, trade reporting and market data applications would function in the event of a DR event at Bats Europe.

Participants should note the following:

* Change Freeze - Participants wishing to take part in the DR test must submit any outstanding requests for new ports by 16:00 UK time on Thursday 9th March. No new port requests will be processed on Friday 10th March.
* Production Data - Please ensure that your Production systems are configured not to send Production trade reports when Bats systems come up on the morning of Saturday 11th March, as all data from that day will be discarded as test data.
* Disaster Recovery Test Schedule of Activities

Key contacts on the day

* The standard Bats support contacts will be available from 07:00 until 12:40 UK time:

o NOC: NOCEurope@bats.com +44 20 7012 8905

o Trade Desk: TradeDeskEurope@bats.com +44 20 7012 8901

Conference Bridge

* There will be an one-way conference bridge open from 07:30 and close at 12:40 UK used by Bats staff to disseminate regular progress updates throughout the day.

o UK Call-in Number: +44 207 897 0111

o Participant Passcode: 1917347665#

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.bats.com
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER: Bats Europe: Q2 2017 Exchange Release - Upcoming Changes, effective Fri 9th June 2017

March 07, 2017 16:09:57

Dear Bats Europe Participants

Bats Europe (Bats) would like to remind Participants that the upcoming Q2 2017 Exchange Release has taken effect in the BXE UAT and TRF UAT environments, as of today.

These changes will take effect in PRODUCTION effective Friday, 9th June 2017.

Please note there are mandatory protocol-level (FIX, BOE, PITCH, DROP) interface changes in the Bats BXE, CXE and Trade Reporting Facility (TRF) environments in this release.

These changes constitute the main functional changes to real-time protocols for 2017, which are considered mandatory for MiFIR and MiFID II (collectively "MiFID II") compliance and MMT v3 adherence. They are in addition to previous exchange releases which included MiFID II-related content. Bats' MiFID II implementation milestones can be found here. Participants are advised to check this resource regularly for Bats' upcoming MiFID II milestones.

These changes are being made in order to provide support for:

* further features related to MiFIR and MiFID II (collectively "MiFID II") compliance

* fields that have been added and updated in order to align with the FIX Trading Community standard

* MMT v3, as published by FIX Trading Community

* new Bats fee codes which describe the category of fee applicable to trades on Bats BXE, CXE and TRF platforms

This release incorporates a series of significant enhancements:

* Support for MMT v3 in the Bats market data feeds and trade reporting products
* Update of FIX, BOE and Identifier Management Application fields for RTS 24 Order Record Keeping
* Order Capacity and Liquidity Provision designation will now be mandatory

* Order Capacity will no longer be used to determine which Central Counterparty (CCP) Account Type prefix to use in Account field

* Support for Short Sale specifications
* Addition of Waiver Type indicator
* LastMkt supplied by default on executions
* Support for publication of trades in unknown symbology on Market Data Feeds
* FIX timestamps in microseconds by default
Please consult the 2017 Q2 Exchange Release Guidance Note for the complete list of mandatory changes.

Testing & Production

All features described above will be made available in Production environments on Friday, 9th June 2017 and in Certification environments according to the below schedule:

Environment

MMT v3 inbound order handler availability *

MMT v3 outbound market data mandatory *

MiFID II availability *

Fee Codes *

BXE UAT

7th March

7th March

7th March

7th March

CXE UAT

9th May

9th May

9th May

7th March

TRF UAT

7th March

7th March

7th March

7th March

*see 2017 Q2 Exchange Release Guidance Note for list of MMTv3, MiFID II and Fee Code changes

DOCUMENTATION

* Bats MiFID II implementation milestones: https://www.bats.com/europe/equities/regulation/mifid/milestones/

* Q2 2017 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22017Release_Final.pdf

* BXE/CXE FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification_Effective.pdf

* BXE/CXE BOEv2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TRF FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification_Effective.pdf

* TRF BOE v2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TCP PITCH: http://cdn.batstrading.com/resources/participant_resources/Bats_Europe_PITCH_Specification_Effective.pdf

* MC PITCH: http://cdn.batstrading.com/resources/participant_resources/Bats_Europe_MC_PITCH_Specification_Effective.pdf

* MiFID II Identifier Management: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MiFID2_Identifier_Management_Specification.pdf

* Trade Data File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Data_File_Effective.pdf

* Trade Detail File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Detail_File_Effective.pdf

* Trading Price List: http://cdn.batstrading.com/resources/participant_resources/BATSEuro_Pricing_Effective.pdf

* Technical Change Calendar: http://cdn.batstrading.com/resources/participant_resources/BATS_Change_Calendar.pdf

* Fee Codes (links will become available in UAT from 7th March):

o http://www.bats.com/europe/equities/participation/fee_schedule/bxe/

o http://www.bats.com/europe/equities/participation/fee_schedule/cxe/

o http://www.bats.com/europe/equities/participation/fee_schedule/trf/

* Previous MiFID II Exchange Releases:

o Q4 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42016Release_Final.pdf

o Q2 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22016Release_Final.pdf

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online at https://www.bats.com/europe/equities/notices/release_notes/.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER: Bats Europe: Annual Disaster Recovery Test - Saturday 11th March 2017

March 06, 2017 10:31:31

Dear Bats Europe Participants

Annual Disaster Recovery test - Saturday 11th March 2017

Bats Europe (Bats) will be conducting its annual disaster recovery (DR) test on the Production BXE and CXE integrated order books and TRF environment on Saturday 11th March 2017.
Please note this will be the final DR test prior to the implementation of MiFID II in January 2018.
The purpose of this testing day is for Bats to simulate various DR failover scenarios, including a test of market failover from its primary data centre at Equinix Slough (LD4) to its secondary data centre at Equinix Park Royal (LD3). Participant attendance is not mandatory but is strongly recommended as this exercise affords Participants the ability to observe how their trading, trade reporting and market data applications would function in the event of a DR event at Bats Europe.

Participants should note the following:

* Change Freeze - Participants wishing to take part in the DR test must submit any outstanding requests for new ports by 16:00 UK time on Thursday 9th March. No new port requests will be processed on Friday 10th March.
* Production Data - Please ensure that your Production systems are configured not to send Production trade reports when Bats systems come up on the morning of Saturday 11th March, as all data from that day will be discarded as test data.
* Disaster Recovery Test Schedule of Activities

Key contacts on the day

* The standard Bats support contacts will be available from 07:00 until 12:40 UK time:

o NOC: NOCEurope@bats.com +44 20 7012 8905

o Trade Desk: TradeDeskEurope@bats.com +44 20 7012 8901

Conference Bridge

* There will be an one-way conference bridge open from 07:30 and close at 12:40 UK used by Bats staff to disseminate regular progress updates throughout the day.

* Details of the conference bridge will be sent out closer to the DR test date.

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online.

Trade Desk
Bats Europe, a CBOE company
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.bats.com
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER: Bats Europe: Annual Disaster Recovery Test - Saturday 11th March 2017

February 28, 2017 11:30:30

Dear Bats Europe Participants

Annual Disaster Recovery test - Saturday 11th March 2017

Bats Europe (Bats) will be conducting its annual disaster recovery (DR) test on the Production BXE and CXE integrated order books and TRF environment on Saturday 11th March 2017. Please note this will be the final DR test prior to the implementation of Mifid II in January 2018. The purpose of this testing day is for Bats to simulate various DR failover scenarios, including a test of market failover from its primary data centre at Equinix Slough (LD4) to its secondary data centre at Equinix Park Royal (LD3). Participant attendance is not mandatory but is strongly recommended as this exercise affords Participants the ability to observe how their trading, trade reporting and market data applications would function in the event of a DR event at Bats Europe.

Participants should note the following:

* Change Freeze - Participants wishing to take part in the DR test must submit any outstanding requests for new ports by 16:00 UK time on Thursday 9th March. No new port requests will be processed on Friday 10th March.
* Production Data - Please ensure that your Production systems are configured not to send Production trade reports when Bats systems come up on the morning of Saturday 11th March, as all data from that day will be discarded as test data.
* Disaster Recovery Test Schedule of Activities

Key contacts on the day

* The standard Bats support contacts will be available from 07:00 until 12:40 UK time:

o NOC: NOCEurope@bats.com +44 20 7012 8905

o Trade Desk: TradeDeskEurope@bats.com +44 20 7012 8901

Conference Bridge

* There will be an one-way conference bridge open from 07:30 and close at 12:40 UK used by Bats staff to disseminate regular progress updates throughout the day.

* Details of the conference bridge will be sent out closer to the DR test date.

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.bats.com
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER: Bats Europe: Annual Disaster Recovery Test - Saturday 11th March 2017

February 20, 2017 12:14:22

Dear Bats Europe Participants

Annual Disaster Recovery test - Saturday 11th March 2017

Bats Europe (Bats) will be conducting its annual disaster recovery (DR) test on the Production BXE and CXE integrated order books and TRF environment on Saturday 11th March 2017. Please note this will be the final DR test prior to the implementation of Mifid II in January 2018. The purpose of this testing day is for Bats to simulate various DR failover scenarios, including a test of market failover from its primary data centre at Equinix Slough (LD4) to its secondary data centre at Equinix Park Royal (LD3). Participant attendance is not mandatory but is strongly recommended as this exercise affords Participants the ability to observe how their trading, trade reporting and market data applications would function in the event of a DR event at Bats Europe.

Participants should note the following:

* Change Freeze - Participants wishing to take part in the DR test must submit any outstanding requests for new ports by 16:00 UK time on Thursday 9th March. No new port requests will be processed on Friday 10th March.
* Production Data - Please ensure that your Production systems are configured not to send Production trade reports when Bats systems come up on the morning of Saturday 11th March, as all data from that day will be discarded as test data.
* Disaster Recovery Test Schedule of Activities

Key contacts on the day

* The standard Bats support contacts will be available from 07:00 until 12:40 UK time:

o NOC: NOCEurope@bats.com +44 20 7012 8905

o Trade Desk: TradeDeskEurope@bats.com +44 20 7012 8901

Conference Bridge

* There will be an one-way conference bridge open from 07:30 and close at 12:40 UK used by Bats staff to disseminate regular progress updates throughout the day.

* Details of the conference bridge will be sent out closer to the DR test date.

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.bats.com
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

Corrected Subject: RE: Bats Europe: Q2 2017 Exchange Release - Upcoming Changes, effective Fri 9th June 2017

February 13, 2017 16:31:58

Dear Bats Europe Participants

Bats Europe (Bats) is pleased to announce its Q2 2017 Exchange Release effective Friday, 9th June 2017. There are mandatory protocol-level (FIX, BOE, PITCH, DROP) interface changes in the Bats BXE, CXE and Trade Reporting Facility (TRF) environments in this release.

These changes constitute the main functional changes to real-time protocols for 2017, which are considered mandatory for MiFIR and MiFID II (collectively "MiFID II") compliance and MMT v3 adherence. They are in addition to previous exchange releases which included MiFID II-related content. Bats' MiFID II implementation milestones can be found here. Participants are advised to check this resource regularly for Bats' upcoming MiFID II milestones.

These changes are being made in order to provide support for:

* further features related to MiFIR and MiFID II (collectively "MiFID II") compliance

* fields that have been added and updated in order to align with the FIX Trading Community standard

* MMT v3, as published by FIX Trading Community

* new Bats fee codes which describe the category of fee applicable to trades on Bats BXE, CXE and TRF platforms

This release incorporates a series of significant enhancements:

* Support for MMT v3 in the Bats market data feeds and trade reporting products
* Update of FIX, BOE and Identifier Management Application fields for RTS 24 Order Record Keeping
* Order Capacity and Liquidity Provision designation will now be mandatory

* Order Capacity will no longer be used to determine which Central Counterparty (CCP) Account Type prefix to use in Account field

* Support for Short Sale specifications
* Addition of Waiver Type indicator
* LastMkt supplied by default on executions
* Support for publication of trades in unknown symbology on Market Data Feeds
* FIX timestamps in microseconds by default
Please consult the 2017 Q2 Exchange Release Guidance Note for the complete list of mandatory changes.

Testing & Production

All features described above will be made available in Production environments on Friday, 9th June 2017 and in Certification environments according to the below schedule:

Environment

MMT v3 inbound order handler availability *

MMT v3 outbound market data mandatory *

MiFID II availability *

Fee Codes *

BXE UAT

7th March

7th March

7th March

7th March

CXE UAT

9th May

9th May

9th May

7th March

TRF UAT

7th March

7th March

7th March

7th March

*see 2017 Q2 Exchange Release Guidance Note for list of MMTv3, MiFID II and Fee Code changes

DOCUMENTATION

* Bats MiFID II implementation milestones: https://www.bats.com/europe/equities/regulation/mifid/milestones/

* Q2 2017 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22017Release_Final.pdf

* BXE/CXE FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification_Effective.pdf

* BXE/CXE BOEv2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TRF FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification_Effective.pdf

* TRF BOE v2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TCP PITCH: http://cdn.batstrading.com/resources/participant_resources/Bats_Europe_PITCH_Specification_Effective.pdf

* MC PITCH: http://cdn.batstrading.com/resources/participant_resources/Bats_Europe_MC_PITCH_Specification_Effective.pdf

* MiFID II Identifier Management: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MiFID2_Identifier_Management_Specification.pdf

* Trade Data File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Data_File_Effective.pdf

* Trade Detail File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Detail_File_Effective.pdf

* Trading Price List: http://cdn.batstrading.com/resources/participant_resources/BATSEuro_Pricing_Effective.pdf

* Technical Change Calendar: http://cdn.batstrading.com/resources/participant_resources/BATS_Change_Calendar.pdf

* Fee Codes (links will become available in UAT from 7th March):

o http://www.bats.com/europe/equities/participation/fee_schedule/bxe/

o http://www.bats.com/europe/equities/participation/fee_schedule/cxe/

o http://www.bats.com/europe/equities/participation/fee_schedule/trf/

* Previous MiFID II Exchange Releases:

o Q4 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42016Release_Final.pdf

o Q2 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22016Release_Final.pdf

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online at https://www.bats.com/europe/equities/notices/release_notes/.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

Bats Europe: Q2 2017 Exchange Release - Upcoming Changes, effective Fri 12th May 2017

February 13, 2017 16:03:44

Dear Bats Europe Participants

Bats Europe (Bats) is pleased to announce its Q2 2017 Exchange Release. There are mandatory protocol-level (FIX, BOE, PITCH, DROP) interface changes in the Bats BXE, CXE and Trade Reporting Facility (TRF) environments in this release.

These changes constitute the main functional changes to real-time protocols for 2017, which are considered mandatory for MiFIR and MiFID II (collectively "MiFID II") compliance and MMT v3 adherence. They are in addition to previous exchange releases which included MiFID II-related content. Bats' MiFID II implementation milestones can be found here. Participants are advised to check this resource regularly for Bats' upcoming MiFID II milestones.

These changes are being made in order to provide support for:

* further features related to MiFIR and MiFID II (collectively "MiFID II") compliance

* fields that have been added and updated in order to align with the FIX Trading Community standard

* MMT v3, as published by FIX Trading Community

* new Bats fee codes which describe the category of fee applicable to trades on Bats BXE, CXE and TRF platforms

This release incorporates a series of significant enhancements:

* Support for MMT v3 in the Bats market data feeds and trade reporting products
* Update of FIX, BOE and Identifier Management Application fields for RTS 24 Order Record Keeping
* Order Capacity and Liquidity Provision designation will now be mandatory

* Order Capacity will no longer be used to determine which Central Counterparty (CCP) Account Type prefix to use in Account field

* Support for Short Sale specifications
* Addition of Waiver Type indicator
* LastMkt supplied by default on executions
* Support for publication of trades in unknown symbology on Market Data Feeds
* FIX timestamps in microseconds by default
Please consult the 2017 Q2 Exchange Release Guidance Note for the complete list of mandatory changes.

Testing & Production

All features described above will be made available in Production environments on Friday, 9th June 2017 and in Certification environments according to the below schedule:

Environment

MMT v3 inbound order handler availability *

MMT v3 outbound market data mandatory *

MiFID II availability *

Fee Codes *

BXE UAT

7th March

7th March

7th March

7th March

CXE UAT

9th May

9th May

9th May

7th March

TRF UAT

7th March

7th March

7th March

7th March

*see 2017 Q2 Exchange Release Guidance Note for list of MMTv3, MiFID II and Fee Code changes

DOCUMENTATION

* Bats MiFID II implementation milestones: https://www.bats.com/europe/equities/regulation/mifid/milestones/

* Q2 2017 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22017Release_Final.pdf

* BXE/CXE FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification_Effective.pdf

* BXE/CXE BOEv2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TRF FIX: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification_Effective.pdf

* TRF BOE v2: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_BOE2_Specification_Effective.pdf

* TCP PITCH: http://cdn.batstrading.com/resources/participant_resources/Bats_Europe_PITCH_Specification_Effective.pdf

* MC PITCH: http://cdn.batstrading.com/resources/participant_resources/Bats_Europe_MC_PITCH_Specification_Effective.pdf

* MiFID II Identifier Management: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_MiFID2_Identifier_Management_Specification.pdf

* Trade Data File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Data_File_Effective.pdf

* Trade Detail File: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Detail_File_Effective.pdf

* Trading Price List: http://cdn.batstrading.com/resources/participant_resources/BATSEuro_Pricing_Effective.pdf

* Technical Change Calendar: http://cdn.batstrading.com/resources/participant_resources/BATS_Change_Calendar.pdf

* Fee Codes (links will become available in UAT from 7th March):

o http://www.bats.com/europe/equities/participation/fee_schedule/bxe/

o http://www.bats.com/europe/equities/participation/fee_schedule/cxe/

o http://www.bats.com/europe/equities/participation/fee_schedule/trf/

* Previous MiFID II Exchange Releases:

o Q4 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q42016Release_Final.pdf

o Q2 2016 Exchange Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q22016Release_Final.pdf

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online at https://www.bats.com/europe/equities/notices/release_notes/.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.bats.com
* Bats Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

UPDATE - Bats Europe: Upcoming Symbol Reference Data file URL changes effective 31st Jan, 2017

January 27, 2017 14:50:07

Dear Bats Europe Participants,

Further to the below announcement, please be aware that the Reference Data Specification has now been updated with the Symbol and Tick Data CSV file names.

PRODUCTION Symbol CSV File Names
BXE BXESymbols-PROD
CXE CXESymbols-PROD
TRF TRFSymbols-PROD
LIS LISSymbols-PROD

PRODUCTION Tick CSV File Names
BXE BXETicks-PROD
CXE CXETicks-PROD
TRF TRFTicks-PROD
LIS LISTicks-PROD

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats notices are available online at https://www.bats.com/europe/equities/notices/.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

Dear Bats Europe Participants,

Please be advised that Bats Europe (Bats) will be making URL changes to the Symbol and Tick Reference Data files available to download on the Bats public website.
Effective Tuesday, 31st January 2017, Bats will re-direct Symbol and Tick Reference Data file requests made to batstrading.co.uk URLs to the new bats.com equivalent URLs below.
The new URLs are already available and can be used effective immediately.

Production reference data available over private connections will not be re-directed.
Enhanced symbol data csv file URLs will not be re-directed.
Other data and reporting tools will continue to be supported with the website migration.

Please adjust your systems accordingly so that there is no disruption to your access to these files.

Current Symbol File URLs
BXE http://www.batstrading.co.uk/bxe/market_data/symbol_listing/csv/
CXE http://www.batstrading.co.uk/cxe/market_data/symbol_listing/csv/
TRF http://www.batstrading.co.uk/trf/market_data/symbol_listing/csv/

New Symbol File URLs
BXE https://www.bats.com/europe/equities/market_statistics/symbols_traded/csv/?mkt=bxe
CXE https://www.bats.com/europe/equities/market_statistics/symbols_traded/csv/?mkt=cxe
TRF https://www.bats.com/europe/equities/market_statistics/symbols_traded/csv/?mkt=trf
LIS https://www.bats.com/europe/equities/market_statistics/symbols_traded/csv/?mkt=cxe&lis=t

Current Tick File URLs
BXE http://www.batstrading.co.uk/bxe/market_data/symbol_listing/tickcsv/
CXE http://www.batstrading.co.uk/cxe/market_data/symbol_listing/tickcsv/
TRF http://www.batstrading.co.uk/trf/market_data/symbol_listing/tickcsv/

New Tick File URLs
BXE https://www.bats.com/europe/equities/market_statistics/symbols_traded/tickcsv/?mkt=bxe
CXE https://www.bats.com/europe/equities/market_statistics/symbols_traded/tickcsv/?mkt=cxe
TRF https://www.bats.com/europe/equities/market_statistics/symbols_traded/tickcsv/?mkt=trf
LIS https://www.bats.com/europe/equities/market_statistics/symbols_traded/tickcsv/?mkt=cxe&lis=t

Certification (UAT) Symbol Reference Data file requests made to batstrading.co.uk URLs are now being redirected to the bats.com equivalent URLs.

Please refer to the Reference Data Specification for Symbol and Tick data URLs and file names.

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats notices are available online at https://www.bats.com/europe/equities/notices/.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER - Bats Europe: Upcoming Symbol Reference Data file URL changes effective 31st Jan, 2017

January 27, 2017 09:19:56

Dear Bats Europe Participants,

Please be advised that Bats Europe (Bats) will be making URL changes to the Symbol and Tick Reference Data files available to download on the Bats public website.
Effective Tuesday, 31st January 2017, Bats will re-direct Symbol and Tick Reference Data file requests made to batstrading.co.uk URLs to the new bats.com equivalent URLs below.
The new URLs are already available and can be used effective immediately.

Production reference data available over private connections will not be re-directed.
Enhanced symbol data csv file URLs will not be re-directed.
Other data and reporting tools will continue to be supported with the website migration.

Please adjust your systems accordingly so that there is no disruption to your access to these files.

Current Symbol File URLs
BXE http://www.batstrading.co.uk/bxe/market_data/symbol_listing/csv/
CXE http://www.batstrading.co.uk/cxe/market_data/symbol_listing/csv/
TRF http://www.batstrading.co.uk/trf/market_data/symbol_listing/csv/

New Symbol File URLs
BXE https://www.bats.com/europe/equities/market_statistics/symbols_traded/csv/?mkt=bxe
CXE https://www.bats.com/europe/equities/market_statistics/symbols_traded/csv/?mkt=cxe
TRF https://www.bats.com/europe/equities/market_statistics/symbols_traded/csv/?mkt=trf
LIS https://www.bats.com/europe/equities/market_statistics/symbols_traded/csv/?mkt=cxe&lis=t

Current Tick File URLs
BXE http://www.batstrading.co.uk/bxe/market_data/symbol_listing/tickcsv/
CXE http://www.batstrading.co.uk/cxe/market_data/symbol_listing/tickcsv/
TRF http://www.batstrading.co.uk/trf/market_data/symbol_listing/tickcsv/

New Tick File URLs
BXE https://www.bats.com/europe/equities/market_statistics/symbols_traded/tickcsv/?mkt=bxe
CXE https://www.bats.com/europe/equities/market_statistics/symbols_traded/tickcsv/?mkt=cxe
TRF https://www.bats.com/europe/equities/market_statistics/symbols_traded/tickcsv/?mkt=trf
LIS https://www.bats.com/europe/equities/market_statistics/symbols_traded/tickcsv/?mkt=cxe&lis=t

Certification (UAT) Symbol Reference Data file requests made to batstrading.co.uk URLs are now being redirected to the bats.com equivalent URLs.

Please refer to the Reference Data Specification for Symbol and Tick data URLs and file names.

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats notices are available online at https://www.bats.com/europe/equities/notices/.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

Bats Europe: Annual Disaster Recovery Test - Saturday 11th March 2017

January 26, 2017 16:59:41

Dear Bats Europe Participants

Annual Disaster Recovery test - Saturday 11th March 2017

Bats Europe will be conducting its annual disaster recovery (DR) test on the Production BXE and CXE integrated order books and TRF environment on Saturday 11th March 2017. Please note this will be the final DR test prior to the implementation of Mifid II in January 2018. The purpose of this testing day is for Bats Europe to simulate various DR failover scenarios, including a test of market failover from its primary data centre at Equinix Slough (LD4) to its secondary data centre at Equinix Park Royal (LD3). Participant attendance is not mandatory but is strongly recommended as this exercise affords Participants the ability to observe how their trading, trade reporting and market data applications would function in the event of a DR event at Bats Europe.

Participants should note the following:

* Change Freeze - Participants wishing to take part in the DR test must submit any outstanding requests for new ports by 16:00 UK time on Thursday 9th March. No new port requests will be processed on Friday 10th March.
* Production Data - Please ensure that your Production systems are configured not to send Production trade reports when Bats Europe systems come up on the morning of Saturday 11th March, as all data from that day will be discarded as test data.
* Disaster Recovery Test Schedule of Activities - Attached.

Key contacts on the day

* The standard Bats Europe support contacts will be available from 07:00 until 12:40 UK time:

o NOC: NOCEurope@bats.com +44 20 7012 8905

o Trade Desk: TradeDeskEurope@bats.com +44 20 7012 8901

Conference Bridge

* There will be an one-way conference bridge open from 07:30 and close at 12:40 UK used by Bats Europe staff to disseminate regular progress updates throughout the day.

* Details of the conference bridge will be sent out closer to the DR test date.

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats Europe notices, including symbol universe updates, are available online at www.batstrading.co.uk/alerts.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER - Bats Europe: Upcoming Symbol Reference Data file URL changes effective 31st Jan, 2017

January 09, 2017 08:06:11

Dear Bats Europe Participants,

Please be advised that Bats Europe (Bats) will be making URL changes to the Symbol Reference Data files available to download on the Bats public website.
Effective Tuesday, 31st January 2017, Bats will redirect Symbol Reference Data file requests made to batstrading.co.uk URLs to the new bats.com equivalent URLs below.
The new URLs are already available and can be used effective immediately.

Please adjust your systems accordingly so that there is no disruption to your access to these files.

Current Symbol File URLs
BXE http://www.batstrading.co.uk/bxe/market_data/symbol_listing/csv/
CXE http://www.batstrading.co.uk/cxe/market_data/symbol_listing/csv/
TRF http://www.batstrading.co.uk/trf/market_data/symbol_listing/csv/

New Symbol File URLs
BXE https://www.bats.com/europe/equities/market_statistics/symbols_traded/csv/?mkt=bxe
CXE https://www.bats.com/europe/equities/market_statistics/symbols_traded/csv/?mkt=cxe
TRF https://www.bats.com/europe/equities/market_statistics/symbols_traded/csv/?mkt=trf
LIS https://www.bats.com/europe/equities/market_statistics/symbols_traded/csv/?mkt=cxe&lis=t

Current Tick File URLs
BXE http://www.batstrading.co.uk/bxe/market_data/symbol_listing/tickcsv/
CXE http://www.batstrading.co.uk/cxe/market_data/symbol_listing/tickcsv/
TRF http://www.batstrading.co.uk/trf/market_data/symbol_listing/tickcsv/

New Tick File URLs
BXE https://www.bats.com/europe/equities/market_statistics/symbols_traded/tickcsv/?mkt=bxe
CXE https://www.bats.com/europe/equities/market_statistics/symbols_traded/tickcsv/?mkt=cxe
TRF https://www.bats.com/europe/equities/market_statistics/symbols_traded/tickcsv/?mkt=trf
LIS https://www.bats.com/europe/equities/market_statistics/symbols_traded/tickcsv/?mkt=cxe&lis=t

Other data and reporting tools will continue to be supported with the website migration.

Certification (UAT) Symbol Reference Data file requests made to batstrading.co.uk URLs are now being redirected to the bats.com equivalent URLs.

Please contact the Trade Desk or your Account Manager if you have any questions.

All current and historical Bats notices are available online at https://www.bats.com/europe/equities/notices/.

Trade Desk
Bats Europe ... Making Markets Better
P: +44.207.012.8901
E: TradeDeskEU@bats.com
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.