TRF Release Notes

BXTR TRF - TRF Certification (UAT) test system early close, 17th December, 2014

December 16, 2014 12:29:03

Dear BXTR TRF Participants,

Please be aware that the TRF Certification (UAT) test system will close early at 13:40 UK time, tomorrow Wednesday 17th December 2014. The test system will be available again from start of day Thursday 18th December 2014. Tomorrow's test system early close will simulate the early closures planned for the Production system on the 24th and 31st December 2014.
Please contact the Trade Desk or your Account Manager if you have any questions.

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BATS Chi-X Europe Trading Holiday Calendar 2015

December 15, 2014 09:55:58

Dear BATS Chi-X Europe Participants

Please be advised that the BATS Trading Platforms Holiday Schedule for 2015 is now available here: http://www.batstrading.co.uk/support/hours/.
Please contact the Trade Desk or your Account Manager if you have any questions.

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BXTR TRF - Introduction of Price Validation Rejection to the BXTR Trade Reporting Service, effective Fri 14th November 2014

November 07, 2014 13:42:37

Dear BXTR TRF Participants

BATS Chi-X Europe (BATS) would like to advise that Price Validation of trade reports submitted into the BXTR Trade Reporting Services (TRS) platform, will be introduced from Friday 14th November, 2014.

In an effort to remove clearly erroneously priced trades from the data published to the market, BATS is introducing a rejection of trade reports whose price breaches a specified percentage threshold. The threshold is initially set to 5000% above the closing benchmark but may be reduced over time pending consultation with users of the TRS services.

The above change will be made available for testing in the TRF Certification (UAT) environment from Tuesday 11th November 2014.
Please contact the Trade Desk or your Account Manager if you have any questions.

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

Please refer to the Technical Change Calendar which summarises all upcoming major technical changes.

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

FINAL REMINDER - BATS Chi-X Europe: Disaster Recovery Test - Sat 11th Oct 2014

October 09, 2014 13:54:50

Dear BATS Chi-X Europe Participants

Disaster Recovery test - Saturday, 11th October 2014

As previously announced, BATS Chi-X Europe will be conducting a weekend Disaster Recovery test on the Production BXE and CXE integrated order books and TRF environment on Saturday, 11th October 2014. The purpose of this testing day is for BATS Chi-X Europe to simulate various disaster recovery 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 and market data applications would function in the event of a disaster recovery (DR) event at BATS Chi-X Europe.

Participants should note the following:

* BXTR TRF - BXTR TRF Participants should note that in order to prevent any impact to real trade reports, no Cancels or Amends of Trade Capture Reports will be supported on Saturday, 11th October 2014
* Attendance - Participants should notify the Trade Desk or their Account Manager if they wish to take part in the Disaster Recovery test.
* Change Freeze - Participants wishing to take part in the Disaster Recovery test must submit any outstanding requests for new ports by 16:00 UK time on Thursday 9th October. No new port requests will be processed on Friday 10th October.
* Disaster Recovery test Schedule of Activities - Now available, please see attached.

Key contacts on the day

* The standard BATS Chi-X Europe support contacts will be available from 07:00 until 12:40 UK time:

o NOC: [email protected] +44 20 7012 8905

o Trade Desk: [email protected] +44 20 7012 8901

Conference Bridge

* There will be an open conference bridge used by BATS Chi-X Europe staff to disseminate regular progress updates throughout the day. Customers should direct queries to the TradeDesk using the above contact number.

* The conference bridge will open from 07:30 and close at 12:40 UK.

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

o Participant Passcode: 9212078983#

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

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER - BATS Chi-X Europe: Disaster Recovery Test - Sat 11th Oct 2014

October 01, 2014 15:10:48

Dear BATS Chi-X Europe Participants

Disaster Recovery test - Saturday, 11th October 2014

As previously announced, BATS Chi-X Europe will be conducting a weekend Disaster Recovery test on the Production BXE and CXE integrated order books and TRF environment on Saturday, 11th October 2014. The purpose of this testing day is for BATS Chi-X Europe to simulate various disaster recovery 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 and market data applications would function in the event of a disaster recovery (DR) event at BATS Chi-X Europe.

Participants should note the following:

* Attendance - Participants should notify the Trade Desk or their Account Manager if they wish to take part in the Disaster Recovery test.
* Change Freeze - Participants wishing to take part in the Disaster Recovery test must submit any outstanding requests for new ports by 16:00 UK time on Thursday 9th October. No new port requests will be processed on Friday 10th October.
* Disaster Recovery test Schedule of Activities - Now available, please see attached.

Key contacts on the day

* The standard BATS Chi-X Europe support contacts will be available from 07:00 until 12:40 UK time:

o NOC: [email protected] +44 20 7012 8905

o Trade Desk: [email protected] +44 20 7012 8901

Conference Bridge

* There will be an open conference bridge used by BATS Chi-X Europe staff to disseminate regular progress updates throughout the day. Customers should direct queries to the TradeDesk using the above contact number.

* The conference bridge will open from 07:30 and close at 12:40 UK.

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

o Participant Passcode: 9212078983#

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

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BATS Chi-X Europe: Trade Reporting GUI enhancements, effective Tues 30th Sept, 2014

September 24, 2014 16:21:43

Dear BXTR TRF Participants,

BATS Chi-X Europe would like to highlight upcoming enhancements to the web-based Trade Reporting Form (TDM GUI) (https://www.batstrading.co.uk/trf/account/trade_reporting/).
The changes are outlined in the attached guidance note, and are effective on Tuesday 30th September, 2014.

Reason for changes
These changes are being made in response to Participant demand, as well as to extend support for Market Model Typology (MMT).

Certification Testing
The changes are currently available for testing in the TRF Certification (UAT) environment (https://certification.batstrading.co.uk/trf/account/trade_reporting/).

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

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BXTR TRF - Symbol universe update for 18th September 2014

September 17, 2014 14:50:24

Dear BXTR TRF Participants

Effective Thursday 18th September 2014, the following instruments will be added to the Trade Reporting Facility symbol universe:
Company Name

ISIN

Currency

MIC

UMTF Name

Trading Segment

Supported Services

EXMAR NV

BE0003808251

USD

OOTC

EXMRFn

TDM

MT

BAYERISCHE MOTOREN WERKE-PRF

DE0005190037

USD

OOTC

BYMOFn

TDM

MT

RHOEN-KLINIKUM AG

DE0007042301

USD

OOTC

RHKJFn

TDM

MT

DEUTSCHE EUROSHOP AG

DE0007480204

USD

OOTC

DUSCFn

TDM

MT

ROCKWOOL INTL A/S-B SHS

DK0010219153

USD

OOTC

RKWBFn

TDM

MT

GN STORE NORD A/S

DK0010272632

USD

OOTC

GGNDFn

TDM

MT

AALBERTS INDUSTRIES NV

NL0000852564

USD

OOTC

AALBFn

TDM

MT

ARCAM AB

SE0005676160

USD

OOTC

AMAVFn

TDM

MT

Aksa Akrilik Kimya Sanayii AS

TRAAKSAW91E1

TRY

XIST

AKSAy

TDM

MT

Aselsan Elektronik Sanayi Ve Ticaret A.S.

TRAASELS91H2

TRY

XIST

ASELSy

TDM

MT

AYGAZ AS

TRAAYGAZ91E0

TRY

XIST

AYGAZy

TDM

MT

Cimsa Cimento Sanayi ve Ticaret A.S.

TRACIMSA91F9

TRY

XIST

CIMSAy

TDM

MT

Turkiye Sise ve Cam Fabrikalari AS

TRASISEW91Q3

TRY

XIST

SISEy

TDM

MT

Emlak Konut Gayrimenkul Yatirim

TREEGYO00017

TRY

XIST

EKGYOy

TDM

MT

TAV Havalimanlari Holding AS

TRETAVH00018

TRY

XIST

TAVHLy

TDM

MT

Tekfen Holding A.S.

TRETKHO00012

TRY

XIST

TKFENy

TDM

MT

Ulker Biskuvi Sanayi AS

TREULKR00015

TRY

XIST

ULKERy

TDM

MT

ETFS-E Fund MSCI China A GO UCITS ETF

IE00BHBFDF83

GBX

XLON

CASEl

TDM

MT

The updated TRF Live Symbol Reference Data File will be available from our website at http://www.batstrading.co.uk/trf/market_data/symbol_listing/csv/.

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

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER - BATS Chi-X Europe: Q3 Exchange Release - Upcoming Mandatory Changes to BATS Chi-X Europe Order Books and Trade Reporting Services, effective Fri 26th Sept, 2014

September 16, 2014 16:56:09

Dear BATS Chi-X Europe Participants,

BATS Chi-X Europe (BATS) would like to draw specific attention to the previously announced FIX Trade Capture Report (TCR) changes referenced in the Q3 Release Guidance note, which are being introduced to align with recently approved FIX trade reporting standards for Market Model Typology (MMT) by FIX Protocol Limited (FPL):

* Effective Friday 26th September 2014, BATS will not automatically enable the new FIX TCR functionality upon participant ports.

* The new FIX TCR changes will be supportable by use of a port configuration parameter at BATS, starting from Friday 26th September 2014.

* The old FIX TCR logic will continue to be an available option, however it will be decommissioned at some point within Q1 of 2015.

* Once confirmed, the decommission date for the old FIX TCR logic will be published granting participants ample notice before the deadline date drops.

* Any participants opting into the new FIX TCR logic must contact Trade Desk and instruct BATS of the date from when to enable the new FIX TCR logic and upon which ports.

* Failure to contact Trade Desk and request enablement of the new FIX TCR logic will result in continued old FIX TCR logic behaviour on participant ports on Friday 26th September 2014.

Summary of FIX Trade Capture Report Changes

* FIX - The following FIX value changes impact Trade Capture Report messages only:

o For ETRs, VenueType (1430) and MatchType (574) will become mandatory

o TradePublishIndicator (1390) will become mandatory

o An additional value of '0' (Do Not Publish) will be supported for TradePublishIndicator (1390)

o PreviouslyReported (570) will be deprecated in favour of TradePublishIndicator (1390)

o New approved value of 'O' instead of 'X' to indicate VenueType (1430) = Offbook

o New approved value of '62' instead of '59' to indicate TrdType (828) = Dark

o New approved value of '63' instead of '60' to indicate TrdType (828) = Technical

o New approved value of '64' instead of '58' to indicate SecondaryTrdType (855) = Benchmark

o TradingSessionSubID (625) must be specified in the NoSides repeating group

o An additional value of '8' (Unspecified Auction) will be supported for TradingSessionSubID (625)

o Added support for using OrderCategory = 3 (Privately Negotiated Trade) in order to set the MMT Level 3.2 flag

Separate to the above, the rest of the changes previously announced in the Q3 release are mandatory, and will take effect on Friday 26th September 2014 (from start of day). Those changes are summarised below:

Summary of Mandatory Changes

* PITCH:

o MMT v2.2 Level 3.7 flag 'Off Book Automated Indicator' will be added to the Trade Report Message. This flag will replace the current 'BATS Transaction Sub-Category' flag, which was reserved for future use. The use of the 'AUT' value in the Execution Venue field of the Trade Report Message to indicate an OTC trade executed in an automated manner will be deprecated and liable to be removed in a future release.

o Use of the fourth character of the Execution ID to differentiate BXE and CXE executions will be deprecated in favour of the use of MMT Level 1 flags contained within the Order Executed and Trade messages

o Added support for an additional value in MMT Level 2 for an 'Undefined Auction'

* Trade Data File:

o Two new columns 'Off Book Automated Indicator' and 'Account' will be added

* Symbol File:

o The 'eccp_enabled' column will be removed. The 'emcf_enabled' column will be renamed to 'euroccp_enabled'

o The column 'printed_name' will be added and will contain the Uniform Symbology symbol that will appear on market data feeds for the instrument in that row

* BOE for BXTR:

o Use of the PreviouslyReported flag will not be supported in conjunction with deferred publication of trade reports

Reason for changes

The mandatory changes are being made in order to extend support for MMT v2.2 and in response to Participant demand. The FIX changes are being made to accommodate recently approved changes in the FIX trade reporting standards for MMT.

Documentation

* Q3 Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q3Release_final.pdf

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

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

* On-Exchange FIX spec: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification.pdf

* Off-Exchange FIX Spec: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification.pdf

* On-Exchange BOE spec: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Binary_Order_Entry_Specification.pdf

* Off-Exchange BOE spec:http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_BOE_Specification.pdf

* Reference Data spec: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Reference_Data.pdf

Testing

All the changes aforementioned changes are currently available for testing in the Certification (UAT) environments.

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

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

Please refer to the Technical Change Calendar which summarises all upcoming major technical changes.

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BATS Chi-X Europe - ETF Post-Trade Transparency

September 15, 2014 17:03:06

Dear BATS Chi-X Europe Participants,

BATS Chi-X Europe (BATS) has collaborated with ETF issuers, brokers and market makers to determine how best to enhance the post-trade transparency for ETFs ahead of MiFID II using its trade reporting service, BXTR. To this end, BATS will introduce a delayed reporting regime for all ETFs under the table below in Q1 of 2015; and from 1 October 2014 proposes to amend its Average Daily Turnover (ADT) for all ETFs from €100k to €25m. This level most closely reflects BATS’ target regime when operated under ESMA’s current delayed reporting regime for EU securities.

A Participant Notice has been issued (attached) with the proposed revised text to the Participant Manual in order that Participants have a period in which to comment on this proposal. Such changes will also be reflected in the TRS Service Description.

BATS Participants will be able to report their off-order book ETF trades to BATS using either BATS’ BXTR Trade Data Monitor (TDM) service or BATS’ BXTR ETR service:

* Existing BATS BXTR Participants can utilise their existing reporting arrangements and are encouraged to ensure their ETF trades are included
* Non BATS BXTR Participants can either:
* register and use their FIX or BOE connections, or
* register and use BATS’ BXTR TDM trade reporting GUI (ideal for smaller volume participants), or
* if not registered but transacting with a BATS BXTR Participant, ask your counterparty to report the trade
* BATS regulatory status as a TDM trade reporting venue allows Participants to report all of their ETF trades to BATS rather than to multiple national exchanges or TDMs
* Firms wishing to make use of BATS’ Swiss TDM licence would also need to become a reporting member of the Berne eXchange (BX Swiss) if not already a trading member of BX Swiss.

BATS’ Delayed Reporting Schedule:

[cid:[email protected]]
NOTE: BATS Participants operating under BATS BXTR TDM service should report all trades to BATS within 3 minutes unless the trade is eligible for delay. BATS will publish trades immediately upon receipt unless the Participant elects for delayed reporting, in which case and if eligible, BATS will hold pending the trade report and automate its release at the appropriate time. Any report delayed beyond the close will be published at 07:50 London time on T+1.

BATS Participants wishing to become a BXTR trade reporting member are asked to contact Trade Desk EU or their Account Manager if they have any questions.
Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER - BATS Chi-X Europe: Q3 Exchange Release - Upcoming Mandatory Changes to BATS Chi-X Europe Order Books and Trade Reporting Services, effective Fri 26th Sept, 2014

August 14, 2014 15:24:28

Dear BATS Chi-X Europe Participants,

The following changes constitute the BATS Chi-X Europe Q3 Exchange Release.

BATS Chi-X Europe would like to highlight forthcoming mandatory changes to the BATS Chi-X Europe order books and Trade Reporting Services (BXE, CXE and TRF) effective Friday 26th September 2014. Participants must be prepared for these changes from start of day on the effective date.

Summary of Mandatory Changes

* PITCH:

o MMT v2.2 Level 3.7 flag 'Off Book Automated Indicator' will be added to the Trade Report Message. This flag will replace the current 'BATS Transaction Sub-Category' flag, which was reserved for future use. The use of the 'AUT' value in the Execution Venue field of the Trade Report Message to indicate an OTC trade executed in an automated manner will be deprecated and liable to be removed in a future release.

o Use of the fourth character of the Execution ID to differentiate BXE and CXE executions will be deprecated in favour of the use of MMT Level 1 flags contained within the Order Executed and Trade messages

o Added support for an additional value in MMT Level 2 for an 'Undefined Auction'

* Trade Data File:

o Two new columns 'Off Book Automated Indicator' and 'Account' will be added

* Symbol File:

o The 'eccp_enabled' column will be removed. The 'emcf_enabled' column will be renamed to 'euroccp_enabled'

o The column 'printed_name' will be added and will contain the Uniform Symbology symbol that will appear on market data feeds for the instrument in that row

* BOE for BXTR:

o Use of the PreviouslyReported flag will not be supported in conjunction with deferred publication of trade reports

In addition, for users of FIX Trade Capture Report messages, mandatory changes are being introduced to align with recently approved FIX trade reporting standards for Market Model Typology (MMT) by FIX Protocol Limited (FPL). The new FIX values for Trade Capture Report messages will be supported as of Friday 26th September 2014 and the old FIX values will be removed at a later date (no earlier than Q1 2015). Affected Participants should indicate to BATS their readiness and planned migration to the new FIX values as soon as possible after Friday 26th September 2014.

Summary of FIX Trade Capture Report Changes

* FIX - The following FIX value changes impact Trade Capture Report messages only:

o For ETRs, VenueType (1430) and MatchType (574) will become mandatory

o TradePublishIndicator (1390) will become mandatory

o An additional value of '0' (Do Not Publish) will be supported for TradePublishIndicator (1390)

o PreviouslyReported (570) will be deprecated in favour of TradePublishIndicator (1390)

o New approved value of 'O' instead of 'X' to indicate VenueType (1430) = Offbook

o New approved value of '62' instead of '59' to indicate TrdType (828) = Dark

o New approved value of '63' instead of '60' to indicate TrdType (828) = Technical

o New approved value of '64' instead of '58' to indicate SecondaryTrdType (855) = Benchmark

o TradingSessionSubID (625) must be specified in the NoSides repeating group

o An additional value of '8' (Unspecified Auction) will be supported for TradingSessionSubID (625)

o Added support for using OrderCategory = 3 (Privately Negotiated Trade) in order to set the MMT Level 3.2 flag

Reason for changes

The mandatory changes are being made in order to extend support for MMT v2.2 and in response to Participant demand. The FIX changes are being made to accommodate recently approved changes in the FIX trade reporting standards for MMT.

Documentation

* Q3 Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q3Release_final.pdf

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

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

* On-Exchange FIX spec: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification.pdf

* Off-Exchange FIX Spec: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification.pdf

* On-Exchange BOE spec: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Binary_Order_Entry_Specification.pdf

* Off-Exchange BOE spec:http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_BOE_Specification.pdf

* Reference Data spec: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Reference_Data.pdf

An additional guidance note for this Q3 Exchange Release will be made available in due course to aid Participants in their readiness for these upcoming changes.

Testing

The above changes will be made available for testing in the Certification (UAT) environments from Tuesday 26th August 2014.

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

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

Please refer to the Technical Change Calendar which summarises all upcoming major technical changes.

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BXTR TRF: End of day system maintenance, commencing Monday 11th August 2014

August 04, 2014 16:50:52

Dear BXTR TRF participants,

This notice applies to both the TRF PRODUCTION & CERTIFICATION environments.

For TRF Production, effective Monday 11th August 2014 through to Friday 30th October 2014, BATS Chi-X Europe will be carrying out maintenance activities at the end of day after business activity has ceased but prior to session end. This work will commence after 17:15 daily, London time during this period in the TRF Production environment. For the TRF Certification environment, there will be limited intraday disruptions during this period.

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

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BATS Chi-X Europe: Weekend Disaster Recovery Test on Saturday 11th Oct, 2014

August 01, 2014 14:56:39

Dear BATS Chi-X Europe Participants
The purpose of this announcement is to inform Participants that BATS Chi-X Europe will be conducting a weekend Disaster Recovery test on the Production BXE, CXE & TRF platforms on Saturday, 11th October 2014.

The purpose of this testing day is for BATS Chi-X Europe to simulate various disaster recovery 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 and market data applications would function in the event of a disaster recovery (DR) event at BATS Chi-X Europe.

Participants should note the following:

* Participants will be able to test Production and DR connectivity, submit live FIX and BOE orders and consume both TCP and Multicast PITCH market data throughout the day.

* All live symbols will be available for order submission on the day.

* Variable amounts of load will be simulated for the purposes of market data consumption and throughput testing. Participants should clear down their applications at the end of the testing day to ensure unwanted data from this weekend test is not retained in their trading systems on the following Monday morning.

* No trades transacted on the day will be submitted for Clearing or Settlement.
* Participants can view their Secondary datacentre IPs, ports and session ID information at any time by utilising the Ports Dashboard view of the secure Participant area of the BATS Chi-X Europe website.

* Any Participants who have not yet established physical connectivity to the Secondary datacentre are advised to please contact the BATS Chi-X Europe Network Operations Centre (NOC). We recommend prompt action to minimise any risk associated with implementation delays that can occur when establishing new connectivity. Please refer to the BATS Chi-X Europe Connectivity Manual for further detail on available connectivity options.

Documentation

* Disaster Recovery Guide - This document describes how the Secondary site at Equinix Park Royal (LD3) functions in the event of a datacentre failover invocation by BATS Chi-X Europe.

Further information including a detailed schedule of activities for the duration of the day will be disseminated in due course.

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

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER - BATS Chi-X Europe: Upcoming functional changes to the ETR and Trade Reporting Services, effective Fri 25th July 2014

July 22, 2014 10:04:53

Dear BATS Chi-X Europe Participants

BATS Chi-X Europe would like to highlight forthcoming changes to the Exchange Trade Report (ETR) and BXTR Trade Reporting services, effective Friday 25th July 2014. All Participants wishing to utilise these services should be prepared for these changes from start of day on the effective date.

Summary of changes

* New ETR reporting hours - ETRs (for new trade reports, cancels, amends and releases) will be allowed from 07:50 - 17:30 London time on the BXE and CXE platforms. Please note that there will be no change to order book trading hours.

* FIX Trade Capture Report (TCR) decimal place change - TCR Price Specification will go out to 7dp for clearing-suppressed TCRs and for any ETR that does not involve EuroCCP. For ETRs involving EuroCCP, price specification will go out to 5dp. These changes will apply to the BXE, CXE and TRF environments and will only be available on FIX ports. 7dp for BOE will be available in a later release.

* BOE support for MMT 3.7 - TCRs reported via BOE will be able to make use of the new ExecutionMethod optional bitfield.

Reason for changes

These changes are being made in response to participant demand.

Documentation

The updated BATS Chi-X Europe specs are available here: http://www.batstrading.co.uk/support/#menu-tech-specs

Testing

The changes above will be made available for testing in the Certification (UAT) environments from Friday 27th June 2014.

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

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

Please refer to the Technical Change Calendar which summarises all upcoming major technical changes.

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER - BATS Chi-X Europe: Q3 Exchange Release - Upcoming Mandatory Changes to BATS Chi-X Europe Order Books and Trade Reporting Services, effective Fri 26th Sept, 2014

July 16, 2014 10:05:06

Dear BATS Chi-X Europe Participants

**New guidance documentation is available to aid participants in their readiness for all the upcoming changes in the Q3 Production release, effective start of day Friday 26th September 2014:

Q3 Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q3Release_final.pdf

As a reminder, all the changes in this release, both mandatory and optional will be available for testing in the Certification (UAT) environments from Tuesday 26th August 2014.

The upcoming changes impact all BATS Chi-X Europe order books and trade reporting services (BXE, CXE and TRF). Participants must be prepared for changes from start of day on the effective date.

Participants may also refer to the Technical Change Calendar which summarises all upcoming major technical changes.

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

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BATS Chi-X Europe: Q3 Exchange Release - Upcoming Mandatory Changes to BATS Chi-X Europe Order Books and Trade Reporting Services, effective Fri 26th Sept, 2014

June 26, 2014 15:30:45

Dear BATS Chi-X Europe Participants,

The following changes constitute the BATS Chi-X Europe Q3 Exchange Release.

BATS Chi-X Europe would like to highlight forthcoming mandatory changes to the BATS Chi-X Europe order books and Trade Reporting Services (BXE, CXE and TRF) effective Friday 26th September 2014. Participants must be prepared for these changes from start of day on the effective date.

Summary of Mandatory Changes

* PITCH:

o MMT v2.2 Level 3.7 flag 'Off Book Automated Indicator' will be added to the Trade Report Message. This flag will replace the current 'BATS Transaction Sub-Category' flag, which was reserved for future use. The use of the 'AUT' value in the Execution Venue field of the Trade Report Message to indicate an OTC trade executed in an automated manner will be deprecated and liable to be removed in a future release.

o Use of the fourth character of the Execution ID to differentiate BXE and CXE executions will be deprecated in favour of the use of MMT Level 1 flags contained within the Order Executed and Trade messages

o Added support for an additional value in MMT Level 2 for an 'Undefined Auction'

* Trade Data File:

o Two new columns 'Off Book Automated Indicator' and 'Account' will be added

* Symbol File:

o The 'eccp_enabled' column will be removed. The 'emcf_enabled' column will be renamed to 'euroccp_enabled'

o The column 'printed_name' will be added and will contain the Uniform Symbology symbol that will appear on market data feeds for the instrument in that row

* BOE for BXTR:

o Use of the PreviouslyReported flag will not be supported in conjunction with deferred publication of trade reports

In addition, for users of FIX Trade Capture Report messages, mandatory changes are being introduced to align with recently approved FIX trade reporting standards for Market Model Typology (MMT) by FIX Protocol Limited (FPL). The new FIX values for Trade Capture Report messages will be supported as of Friday 26th September 2014 and the old FIX values will be removed at a later date (no earlier than Q1 2015). Affected Participants should indicate to BATS their readiness and planned migration to the new FIX values as soon as possible after Friday 26th September 2014.

Summary of FIX Trade Capture Report Changes

* FIX - The following FIX value changes impact Trade Capture Report messages only:

o For ETRs, VenueType (1430) and MatchType (574) will become mandatory

o TradePublishIndicator (1390) will become mandatory

o An additional value of '0' (Do Not Publish) will be supported for TradePublishIndicator (1390)

o PreviouslyReported (570) will be deprecated in favour of TradePublishIndicator (1390)

o New approved value of 'O' instead of 'X' to indicate VenueType (1430) = Offbook

o New approved value of '62' instead of '59' to indicate TrdType (828) = Dark

o New approved value of '63' instead of '60' to indicate TrdType (828) = Technical

o New approved value of '64' instead of '58' to indicate SecondaryTrdType (855) = Benchmark

o TradingSessionSubID (625) must be specified in the NoSides repeating group

o An additional value of '8' (Unspecified Auction) will be supported for TradingSessionSubID (625)

o Added support for using OrderCategory = 3 (Privately Negotiated Trade) in order to set the MMT Level 3.2 flag

Reason for changes

The mandatory changes are being made in order to extend support for MMT v2.2 and in response to Participant demand. The FIX changes are being made to accommodate recently approved changes in the FIX trade reporting standards for MMT.

Documentation

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

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

* On-Exchange FIX spec: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_FIX_Specification.pdf

* Off-Exchange FIX Spec: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_FIX_Specification.pdf

* On-Exchange BOE spec: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Binary_Order_Entry_Specification.pdf

* Off-Exchange BOE spec:http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_BOE_Specification.pdf

* Reference Data spec: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Reference_Data.pdf

An additional guidance note for this Q3 Exchange Release will be made available in due course to aid Participants in their readiness for these upcoming changes.

Testing

The above changes will be made available for testing in the Certification (UAT) environments from Tuesday 26th August 2014.

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

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

Please refer to the Technical Change Calendar which summarises all upcoming major technical changes.

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BXTR TRF: Upcoming change to BXTR Reporting Service Friday 20th June 2014

June 10, 2014 16:10:45

Dear BXTR Participants,

BATS is announcing support in its BXTR MTF Reporting Service for the following non-MIFID markets: MAB, Alternext, First North and the Frankfurt Exchange Regulated Unofficial Market, effective Friday 20th June 2014.

MTFs using the BXTR MTF Reporting Service wishing to submit trade reports in instruments listed on the above markets must contact BATS to schedule the addition of any new instruments. Trade reports in symbols listed in these markets received by the BXTR Trade Data Monitor Service (i.e. from non-MTF firms) will be rejected.

A definitive list of MTF-only symbols can be derived by downloading the BXTR TRF symbol universe CSV file (http://www.batstrading.co.uk/trf/market_data/symbol_listing/csv/) and then filtering the supported_services column by "M". Any such symbols may only be reported by eligible MTFs. Trades reported in these MTF-only symbols by non-MTF firms will be rejected from the effective date indicated above.

Non-MTF users of BXTR should filter the TRF csv symbol universe file supported_services column by any value that includes "T" (e.g. "MT") for a definitive list of reportable symbols. A full description of acceptable values for the supported_services column is available in the Reference Data Specification.

Testing
The change above will be available for testing in the TRF CERTIFICATION environment, effective Tuesday 17th June 2014.

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

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BXTR TRF - New version of Trade Reporting Service Description

March 21, 2014 15:35:18

Dear BXTR TRF Participants

BATS Chi-X Europe would like to advise users of the BXTR Trade Reporting Facility (TRF) that a new version of the Service Description is available. This version incorporates already announced changes coming into effect on Friday 28th March 2014, as well as clarifies and expands upon existing behaviour.

The new version is available here: http://cdn.batstrading.com/resources/participant_resources/TRS_Service_Description.pdf

The changes to the Service Description are summarised in the Revision History of the document but if Participants wish to see a previous version please contact BATS.
Please contact the Trade Desk or your Account Manager if you have any questions.

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

FINAL REMINDER - BATS Chi-X Europe: Upcoming Mandatory Multicast PITCH and TCP PITCH market data feed changes effective Fri 28th March 2014

March 21, 2014 15:03:50

Dear BATS Chi-X Europe Participants

This is the final reminder for the upcoming mandatory BATS Chi-X Europe Production release, effective start of day Friday 28th March 2014:

Q1 Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE_GuidanceNote_Q1Release_final.pdf

As a reminder, all the changes in this release are currently available for testing in the Certification (UAT) environments.

The upcoming changes impact all BATS Chi-X Europe orderbooks and trade reporting services (BXE, CXE and TRF). All Participants taking Multicast or TCP PITCH must be prepared for these changes from start of day on the effective date.

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

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BATS Chi-X Europe: Addition to TRF BXTR Functionality

March 14, 2014 07:05:22

Dear BXTR TRF Participants

BATS Chi-X Europe would like to highlight the availability of new functionality in the BXTR Trade Reporting Facility (TRF). Effective immediately, support for Cancels or Amends of trade reports in symbols unknown to BATS Chi-X Europe has been added to the TRF service.

The list of symbols known to the BATS Chi-X Europe TRF is accessible via the TRF Live Symbol Reference Data CSV file: http://www.batstrading.co.uk/trf/market_data/symbol_listing/csv/.

Moving forward, Cancels or Amends in trade reports for symbols not included in the BATS TRF universe, will be processed instead of rejected.
Please contact the Trade Desk or your Account Manager if you have any questions.

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER - BATS Chi-X Europe: Upcoming Mandatory Multicast PITCH and TCP PITCH market data feed changes effective Fri 28th March 2014

March 11, 2014 12:58:06

Dear BATS Chi-X Europe Participants

**New guidance documentation is available to aid participants in their readiness for all the upcoming changes in the Production release, effective start of day Friday 28th March 2014:

Q1 Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE_GuidanceNote_Q1Release_final.pdf

As a reminder, all the changes in this release, both mandatory and optional are currently available for testing in the Certification (UAT) environments.

*Please note that some existing message types have changed in nature - for full details please refer to the revision history at the bottom of the relevant PITCH specification.*

The upcoming changes impact all BATS Chi-X Europe orderbooks and trade reporting services (BXE, CXE and TRF). All Participants taking Multicast or TCP PITCH must be prepared for these changes from start of day on the effective date.

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

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

UPDATE - BATS Chi-X Europe: Upcoming Mandatory Multicast PITCH and TCP PITCH market data feed changes effective Fri 28th March 2014

February 26, 2014 17:33:00

Dear BATS Chi-X Europe Participants

The previously announced mandatory changes to the BXE, CXE and TRF Multicast and TCP PITCH market data feeds, are now live in the Certification (UAT) environments.

*Please note that some existing message types have changed in nature - for full details please refer to the revision history at the bottom of the relevant PITCH specification.*

These same changes will be released in Production effective Friday 28th March 2014. The changes impact all BATS Chi-X Europe orderbooks and trade reporting services (BXE, CXE and TRF). All Participants taking Multicast or TCP PITCH must be prepared for these changes from start of day on the effective date.

Summary of Changes

* Shares field - The Shares field of the Trade Report Message is increasing in length.

* Symbol field - The Symbol field of the Add Order-Long and Trade-Long Messages is increasing in length.

* Off-Book Trade Message - The Off-Book Trade Message will be renamed the Trade Report Message in the specification documentation.

* Off-Book Trade Break Message - The Off-Book Trade Break Message will be removed. It will be replaced by a Modification Indicator of 'C' in the Trade Type Flags field of the Trade Report Message to indicate cancellation of a Trade Report. Furthermore, cancellations of Trade Reports older than 1 week will be possible on the market data feed.

* AUT flag - A new value of 'AUT' (replacing 'BCS') will be possible in the Execution Venue field of the Trade Report Message to indicate an OTC trade executed in an automated manner.

* Transaction Sub-Category flag - A new BATS Specific Transaction Sub-Category flag will be added to the end of the Trade Type Flags field of the Trade Report Message, and is reserved for future use.

* MMT flagging - MMT flags will be added to the Order Executed, Order Executed at Price/Size and Trade Messages.

* New auction messages - Auction Summary and Auction Update Messages will be introduced for the support of auctions.

* Trading Status Message - The Status flag in the Trading Status Message will be expanded to include various new Auction-related values

Reason for changes

These changes are being made in order to provide support for new products and services targeted for launch in 2014, including:

* BXTR v1.2 trade reporting services maintenance release. Functionality will be live as of the effective date of the new specifications.

* Auctions capability. New message types and field enumerations. Launch date and scope of auction rollout to be communicated later in 2014.

Documentation

The updated BATS Chi-X Europe Multicast PITCH (version 6.2) and TCP PITCH (version 4.2) specifications are available here: http://www.batstrading.co.uk/support/#menu-md-specs

Testing

The above market data changes are now available for testing in the Certification (UAT) environments. Test data for the new messages and values will be simulated throughout the day on at least the following instruments:

* For Add Order-Long, Trade-Long Messages, Order Executed, and Trade Messages - ANTOl, RY4Bi, ACp, HEIAa, ABIb, GALPu, BAYNd, VOEv, TODm, TEFe, SCMNz, STBo, AMEASh, COLOBc, EKTABs

* For Trade Report Messages - BLTl, RY4Bi, FPp, INGAa, ABIb, JMTu, BASd, VOEv, ENELm, BBVAe, UCGm, REPe, ROGz, AMEASh, ATCOAs, SDRLo

* For Auction-related Messages - TESTx, MSEp, MVOLl, UNAa, THRb, SAPd, TENm, UHRz, AMSe, ATCOAs, TELo, COLOBc, STERVh, PLSi, VIGv, BESu

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

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

Please refer to the Technical Change Calendar which summarises all upcoming major technical changes.

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BATS Chi-X Europe: Upcoming Additions to BXTR Functionality, effective Fri 28th Mar, 2014

January 31, 2014 16:15:14

Dear BATS Chi-X Europe Participants,

This notice highlights upcoming FIX, BOE and data file functionality updates to the BATS Chi-X Europe Trade Reporting Services (BXTR), effective Friday 28th March, 2014.

FIX

* The MTFAccessFee field will be removed from the Trade Capture Report Message in BXE, CXE and TRF environments

* New TrdType field values ('Dark Trade', 'Technical Trade' and 'Give-up / Give-in Trade') for Trade Capture Reports will be added in BXE and CXE environments

BOE

* The AccessFee field will be removed from the Trade Capture Report Message in BXE, CXE and TRF environments

* New TrdType field values ('Dark Trade', 'Technical Trade' and 'Give-up / Give-in Trade') for Trade Capture Reports will be added in BXE and CXE environments

* Large trade support for up to 99,999,999,999 shares will be added to the Trade Capture Report Message in BXE, CXE and TRF environments

Symbol Reference Data Files

* An explicit value of 'E' for Exchange Trade Reports (ETRs) will be added to the supported_services column of the symbol reference data files (http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Reference_Data.pdf).

Trade Data File

* New MMT related columns ('Market Mechanism', 'Crossing Trade', 'Benchmark Indicator' and 'Ex/Cum Dividend') will be added to the reconciliation Trade Data File (http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Trade_Data_File.pdf).

Testing

* The above FIX, BOE, Symbol Reference Data file and Trade Data file enhancements will be available in the BXE, CXE and TRF CERTIFICATION environments, effective Tuesday 25th February 2014. The same changes will apply in the PRODUCTION environments, effective Friday 28th March, 2014.

The above changes are reflected in the updated Technical Specifications area of the BATS website and will be reflected in the Technical Change Calendar shortly.

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

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

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

REMINDER - BATS Chi-X Europe: Upcoming Mandatory Multicast PITCH and TCP PITCH market data feed changes effective Fri 28th March 2014

January 24, 2014 13:30:17

Dear BATS Chi-X Europe Participants

This is a reminder of the upcoming mandatory changes to the BXE, CXE and TRF Multicast and TCP PITCH market data feeds.

*Please note that some existing message types will change in nature - for full details please refer to the revision history at the bottom of the relevant PITCH specification.*

BATS Chi-X Europe would like to highlight forthcoming mandatory changes to its Production Multicast and TCP PITCH market data feeds, effective Friday 28th March 2014. The changes will impact all BATS Chi-X Europe orderbooks and trade reporting services (BXE, CXE and TRF). All Participants taking Multicast or TCP PITCH must be prepared for these changes from start of day on the effective date.

Summary of Changes

* Shares field - The Shares field of the Trade Report Message is increasing in length.

* Symbol field - The Symbol field of the Add Order-Long and Trade-Long Messages is increasing in length.

* Off-Book Trade Message - The Off-Book Trade Message will be renamed the Trade Report Message in the specification documentation.

* Off-Book Trade Break Message - The Off-Book Trade Break Message will be removed. It will be replaced by a Modification Indicator of 'C' in the Trade Type Flags field of the Trade Report Message to indicate cancellation of a Trade Report. Furthermore, cancellations of Trade Reports older than 1 week will be possible on the market data feed.

* AUT flag - A new value of 'AUT' (replacing 'BCS') will be possible in the Execution Venue field of the Trade Report Message to indicate an OTC trade executed in an automated manner.

* Trading Status Message - The Status flag in the Trading Status Message will be expanded to include various new values.

* Transaction Sub-Category flag - A new BATS Specific Transaction Sub-Category flag will be added to the end of the Trade Type Flags field of the Trade Report Message, and is reserved for future use.

* New auction messages - Auction Summary and Auction Update Messages will be introduced for the support of auctions.

* MMT flagging - MMT flags will be added to the Order Executed, Order Executed at Price/Size and Trade Messages.

Reason for changes

These changes are being made in order to provide support for new products and services targeted for launch in 2014, including:

* BXTR v1.2 trade reporting services maintenance release. Functionality will be live as of the effective date of the new specifications.

* Auctions capability. New message types and field enumerations. Launch date and scope of auction rollout to be communicated later in 2014.

Documentation

The updated BATS Chi-X Europe Multicast PITCH (version 6.2) and TCP PITCH (version 4.2) specifications are available here: http://www.batstrading.co.uk/support/#menu-md-specs

Testing

The above market data changes will be made available for testing in the Certification (UAT) environments from Tuesday 25th February 2014.

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

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

Please refer to the Technical Change Calendar which summarises all upcoming major technical changes.

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority.

BATS Chi-X Europe: Upcoming changes to BOE functionality effective Fri 31st January 2014

January 17, 2014 12:14:52

Dear BATS Chi-X Europe Participants

Effective Friday 31st January, 2014, BATS Chi-X Europe will make new functionality available for Exchange Trade Reports (ETRs) submitted via the BATS BOE protocol. In addition, the BATS BOE protocol will be extended to BATS Off-Exchange Services.

Summary of changes

* Solicited cancel/amend and delayed publication functionality will be available for ETRs submitted via the BOE optional fields TradeReportTransType and TradePublishIndicator

* Additional MMT flags will be available for ETR submission via BOE. Please refer to section 10 for the full list of optional field types.

* BOE protocol support will be introduced for Off-Exchange Services. This includes the BATS TDM, SI Quote and MTF Services.

Documentation

* On-Exchange BOE spec: http://cdn.batstrading.com/resources/participant_resources/BATS_Europe_Binary_Order_Entry_Specification.pdf

* Off-Exchange BOE spec: http://cdn.batstrading.com/resources/participant_resources/BATS_ChiX_Europe_TRF_BOE_Specification.pdf

Existing Trading Participants using the ETR service via BOE protocol are required to contact the Trade Desk to test the new functionality.

These changes are available for testing in CERTIFICATION with immediate effect.

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

All current and historical BATS Chi-X Europe notices are available online at www.batstrading.co.uk/alerts.

Trade Desk
BATS Chi-X Europe ... Making Markets Better
P: +44.207.012.8901
E: [email protected]
www.batstrading.co.uk
* BATS Trading Limited is a Recognised Investment Exchange regulated by the Financial Conduct Authority