TRF Release Notes

UPDATE: BATS Chi-X Europe: Changes to Symbol Reference File, effective 25th Jan 2016

December 23, 2015 15:47:51

Dear BATS Chi-X Europe Participants

Further to the original notice sent out on Monday December 7th 2015 there will be an amendment to the names of the two additional columns to the Symbol Reference Data CSV file for use in the BXE Periodic Auctions Order Book.

Periodic Auction Min Order Entry Size and Periodic Auction Min Order Entry Notional columns will be added in place of the previously communicated Min Order Entry Size and Min Order Entry Notional to the end of the PRODUCTION Symbol Reference Data CSV files, effective Monday 25th January 2016 (subject to regulatory approval).

Please see the attached updated Reference Data Specification of the Symbol file with the corresponding periodic_auction_min_order_entry_size column and periodic_auction_min_order_entry_notional columns added in place of the previously published min_order_entry_size and min_order_entry_notional columns.

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

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 Tuesday 29th December 2015.

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 - Christmas & New Year Hours - REMINDER

December 22, 2015 14:48:20

BATS Chi-X Europe - Christmas & New Year Hours (*all times GMT)

Orderbook Trading Overview:
Thursday 24th December Early Close

* London & Dublin market segments to close at 12:30

* Amsterdam, Brussels, Lisbon & Paris market segments to close at 12:55

* Madrid market segment to close at 13:00

* All other market segments closed
Friday 25th December Full Close

* All market segments closed

Monday 28th December Partial Close

* London & Dublin market segments closed

* All other market segments open
Wednesday 30th December German market Early Close

* German market segment to close at 13:00

* All other market segments open
Thursday 31st December Early Close

* London & Dublin market segments to close at 12:30

* Amsterdam, Brussels, Lisbon & Paris market segments to close at 12:55

* Madrid market segment to close at 13:00

* All other market segments closed
Friday 1st January Full Close

* All market segments closed

Exchange Trade Report (ETR) service Overview:
Thursday 24th December Early Close

* London, Dublin, Amsterdam, Brussels, Lisbon, Paris & Madrid to close for ETR submission at 14:00

* All other market segments closed
Friday 25th December Full Close

* All market segments closed
Monday 28th December Partial Close

* London & Dublin markets closed

* All other market segments open

Wednesday 30th December

* ETR submission to close at 17:30 for all market segments

Thursday 31st December Early Close

* London, Dublin, Amsterdam, Brussels, Lisbon, Paris & Madrid to close for ETR submission at 14:00

* All other market segments closed
Friday 1st January Full Close

* All market segments closed

Trade Reporting Facility (TDM, SI and MTF Trade Reporting) Overview:
Thursday 24th December Early Close

* All market segments to close at 13:45

Friday 25th December Full Close

* All market segments closed

Monday 28th December Open

* All market segments open

Wednesday 30th December Open

* All market segments open

Thursday 31st December Early Close

* All market segments to close at 13:45

Friday 1st January Full Close

* All market segments closed

For further detail, please refer to the Holiday Schedule 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.

BATS Chi-X Europe - Christmas & New Year Hours - REMINDER

December 21, 2015 14:49:08

BATS Chi-X Europe - Christmas & New Year Hours (*all times GMT)

Orderbook Trading Overview:
Thursday 24th December & Thursday 31st December Early Close

* London & Dublin market segments to close at 12:30

* Madrid market segment to close at 13:00

* Amsterdam, Brussels, Lisbon & Paris market segments to close at 12:55

* All other market segments closed
Wednesday 30th December German market Early Close

* German segment to close at 13:00
Monday 28th December Partial Close

* London & Dublin market segments closed

* All other market segments open

Friday 25th December & Friday 1st January Full Close

* All market segments closed

Exchange Trade Report (ETR) service Overview:
Thursday 24th December & Thursday 31st December Early Close

* London, Dublin, Amsterdam, Brussels, Lisbon, Paris & Madrid to close for ETR submission at 14:00

* All other market segments closed
Monday 28th December Partial Close

* London & Dublin markets closed

* All other market segments open

Wednesday 30th December

* ETR submission to close at 17:30 for all market segments

Friday 25th December & Friday 1st January Full Close

* All market segments closed

Trade Reporting Facility (TDM, SI and MTF Trade Reporting) Overview:
Thursday 24th December & Thursday 31st December Early Close

* All market segments to close at 13:45

Monday 28th December Open

* All market segments open

Wednesday 30th December Open

* All market segments open

Friday 25th December & Friday 1st January Full Close

* All market segments closed

For further detail, please refer to the Holiday Schedule 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.

BATS Chi-X Europe Trading Holiday Calendar 2016

December 16, 2015 14:06:49

Dear BATS Chi-X Europe Participants

Please be advised that the BATS Trading Platforms Holiday Schedule for 2016 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.

BATS Chi-X Europe: Changes to Symbol Reference File, effective 25th Jan 2016

December 07, 2015 17:04:27

Dear BATS Chi-X Europe Participants

BATS Chi-X Europe (BATS) will be appending two additional columns to the Symbol Reference Data CSV file for use in the BXE Periodic Auctions Order Book.

Min Order Entry Size and Min Order Entry Notional columns will be added to the end of the PRODUCTION Symbol Reference Data CSV files, effective Monday 25th January 2016:

Subject to receiving regulatory approval, the Minimum Order Entry Size criteria will be implemented as a quantity (size) check per symbol in the Matching Engine calculated statically from the BATS previous close price for the BXE book. The calculated daily value will be derived by taking the minimum order size in euros, converting to the traded currency and dividing by the BATS previous close (any partial shares being rounded up). In normal operation the Min Order Entry Size will not vary during the day.

Practically, the Minimum Order Entry Size will be checked on order entry and on any modifications to the order. Stubs resulting from partial fills will be allowed to roll between periodic auctions. However, any subsequent modifications to a stub will be rejected if the new size does not meet the Minimum Order Entry Size (the original stub order will be left on the book).

Please see the attached updated Reference Data Specification of the Symbol file with the corresponding min_order_entry_size_column and min_order_entry_notional columns added.

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

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 Tuesday 22nd December 2015.

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 - Christmas & New Year Hours - UPDATE

November 30, 2015 09:23:48

Dear BATS Chi-X Europe Participants
In addition to the below Christmas and New Year hours, please be advised that the German market segment will close early on Wednesday 30th December, 2015:

* Orderbook Trading to close at 13:00 GMT

* Exchange Trade Report (ETR) service to close at 17:30 GMT

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.

From: Trade Desk EU
Sent: 18 November 2015 13:21
Subject: BATS Chi-X Europe - Christmas & New Year Hours

BATS Chi-X Europe - Christmas & New Year Hours (*all times GMT)

Orderbook Trading Overview:
Thursday 24th December & Thursday 31st December Early Close

* London & Dublin market segments to close at 12:30

* Madrid market segment to close at 13:00

* Amsterdam, Brussels, Lisbon & Paris market segments to close at 12:55

* All other market segments closed
Monday 28th December Partial Close

* London & Dublin market segments closed

* All other market segments open

Friday 25th December & Friday 1st January Full Close

* All market segments closed

Exchange Trade Report (ETR) service Overview:
Thursday 24th December & Thursday 31st December Early Close

* London, Dublin, Amsterdam, Brussels, Lisbon, Paris & Madrid to close for ETR submission at 14:00

* All other market segments closed
Monday 28th December Partial Close

* London & Dublin markets closed

* All other market segments open

Thursday 25th December & Thursday 1st January Full Close

* All market segments closed

Trade Reporting Facility (TDM, SI and MTF Trade Reporting) Overview:
Thursday 24th December & Thursday 31st December Early Close

* All market segments to close at 13:45

Monday 28th December Open

* All market segments open

Friday 25th December & Friday 1st January Full Close

* All market segments closed

For further detail, please refer to the Holiday Schedule 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.

BATS Chi-X Europe - Christmas & New Year Hours

November 18, 2015 13:21:14

BATS Chi-X Europe - Christmas & New Year Hours (*all times GMT)

Orderbook Trading Overview:
Thursday 24th December & Thursday 31st December Early Close

* London & Dublin market segments to close at 12:30

* Madrid market segment to close at 13:00

* Amsterdam, Brussels, Lisbon & Paris market segments to close at 12:55

* All other market segments closed
Monday 28th December Partial Close

* London & Dublin market segments closed

* All other market segments open

Friday 25th December & Friday 1st January Full Close

* All market segments closed

Exchange Trade Report (ETR) service Overview:
Thursday 24th December & Thursday 31st December Early Close

* London, Dublin, Amsterdam, Brussels, Lisbon, Paris & Madrid to close for ETR submission at 14:00

* All other market segments closed
Monday 28th December Partial Close

* London & Dublin markets closed

* All other market segments open

Thursday 25th December & Thursday 1st January Full Close

* All market segments closed

Trade Reporting Facility (TDM, SI and MTF Trade Reporting) Overview:
Thursday 24th December & Thursday 31st December Early Close

* All market segments to close at 13:45

Monday 28th December Open

* All market segments open

Friday 25th December & Friday 1st January Full Close

* All market segments closed

For further detail, please refer to the Holiday Schedule 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.

BATS Chi-X Europe: Disaster Recovery Test - Production Data Submission - Sat 17th Oct 2015

October 14, 2015 13:25:57

Dear BATS Chi-X Europe Participants

Disaster Recovery test - Saturday, 17th October 2015

As previously announced, BATS Chi-X Europe will be conducting a weekend Disaster Recovery test on Saturday, 17th October 2015. The Trade Reporting Facility (TRF), the BXE and CXE integrated order books, as well as the BXE Periodic Auction order book will all be accessible in Production on the day. 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.

The planned schedule of activities for the day can be found in the Disaster Recovery Testing Guide.

Production Data Submission:

Participants should ensure that they 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.

Trade Report Submission - Participants should note that trade report submission will be possible on the day and that any trade reports received will be treated as test data. Participants should ensure that their systems are configured not to send production trade reports to BATS Chi-X Europe at system start up on Saturday morning as all data from the day will be discarded as test data. In the event of such a submission participants should ensure that the trade report messages are resubmitted on Monday, 19th October 2015.

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 one-way conference bridge open from 07:30 and close at 12:40 UK used by BATS Chi-X Europe staff to disseminate regular progress updates throughout the day.

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: Q3 2015 Exchange Release - Fri 25th Sep 2015 & Disaster Recovery Test - Sat 17th Oct 2015

September 11, 2015 15:20:29

Dear BATS Chi-X Europe Participants

BATS Chi-X Europe (BATS) would like to remind participants of the upcoming Q3 2015 Exchange Release and the Annual Disaster Recovery Test.

Q3 2015 Exchange Release - Friday, 25th September 2015

BATS would like to highlight forthcoming changes which affect the BXE, CXE and TRF PRODUCTION environments, effective Friday 25th September 2015. Participants must be prepared for these changes from start of day on the effective date. Details of the Q3 Exchange Release can be found here.

Disaster Recovery test - Saturday, 17th October 2015

BATS will be conducting a weekend Disaster Recovery test on the Production BXE and CXE integrated order books and TRF environment on Saturday, 17th October 2015. The purpose of this testing day is for BATS 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 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. Please contact the Trade Desk to register your attendance. Details of the Disaster Recovery testing can be found here.

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

* Details of the conference bridge will be sent out closer to the Disaster Recovery test 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.

REMINDER: BATS Chi-X Europe: Disaster Recovery Test - Sat 17th Oct 2015

August 25, 2015 14:26:03

Dear BATS Chi-X Europe Participants

Disaster Recovery test - Saturday, 17th 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, 17th October 2015. 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:

* 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 15th October. No new port requests will be processed on Friday 16th October.
* Production Data - Please ensure that your systems are configured not to send production trade reports to BATS Chi-X Europe when our systems come up on the DR test morning as all data from the day will be discarded as test data.
* Disaster Recovery Testing Guide - Now available, including the schedule of activities

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 one-way conference bridge open from 07:30 and close at 12:40 UK used by BATS Chi-X Europe staff to disseminate regular progress updates throughout the day.

* Details of the conference bridge will be sent out closer to the Disaster Recovery Test 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: First phase of Upcoming Q3 2015 Exchange Release - Mandatory Multicast PITCH and TCP PITCH market data feed changes effective Fri 25th Sept 2015

June 11, 2015 16:05:19

Dear BATS Chi-X Europe Participants

BATS Chi-X Europe would like to highlight forthcoming mandatory changes to its Production Multicast and TCP PITCH market data feeds, effective Friday 25th September 2015. These market data changes will be part of the upcoming Q3 2015 Exchange Release which will include other interface changes to be announced in early July. The market data changes will impact all BATS Chi-X Europe order books 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

* Execution Venue field - The value of AUT in the Execution Venue field will be discontinued, as equivalent information is already available via the MMT Off-Book Automated Indicator value of 'Q' (affects TRF only).

* Auction Update Message - The Auction Update message has been replaced with a new format and size. Also, please note Auction Messages will be possible for all ticker symbols (affects BXE and CXE only).

* Auction Summary Message - Auction Type field values will change (affects BXE and CXE only).

* Trade Report Message - The Trade Report Message will be renamed to Trade-Extended Message (affects BXE, CXE and TRF).

Reason for changes

These market data changes are being made in order to remove deprecated functionality as well as to provide support for new functionality. In addition, BXTR (BATS Chi-X Europe Trade Reporting) changes in the upcoming Q3 2015 Exchange Release will include the ability to specify an explicit settlement date and settlement price on Exchange Trade Reports (ETRs). FIX, BOE and file format changes will be published in full in early July and together all these interface changes will constitute the Q3 2015 Exchange Release.

Documentation

The updated BATS Chi-X Europe Multicast PITCH (version 6.7) and TCP PITCH (version 4.5) 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 BXE and TRF Certification (UAT) environments, from Tuesday 7th July 2015.
The above market data changes will not be made available for testing in the CXE Certification (UAT) environment until Tuesday 1st September 2015 to allow for a longer period where the Certification environment is identical to the production release.

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 17th Oct, 2015

June 02, 2015 14:50:38

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, 17th October 2015.

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.

BATS Chi-X Europe: ETF Post-Trade Transparency - Changes to delayed publication thresholds

March 13, 2015 16:36:05

Dear BATS Chi-X Europe Participants,

BATS Chi-X Europe (BATS) announced on 15 September 2014 that it would introduce a delayed reporting regime for all ETFs reported to BATS under the table below in Q1 of 2015. BATS now confirms that this delayed reporting regime will take effect in production on and from 27 March 2015, with functionality available for clients to test against in the Certification environment from the 17 March 2015.

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 Exchange Trade report (ETR) service, the same delayed reporting schedule in the table below will apply to both services:

* 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 or BXTR ETR 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 TDM trade reporting service allows Participants to report all of their ETF trades to BATS rather than to multiple national exchanges or TDMs.
* Reporting of bilateral trades in Swiss listed ETFs. Firms can either report their trades via the BXTR ETR service or, if firms only wish to publish the trade, via BATS' Swiss TDM licence and, in doing so, also become a reporting member of BX Swiss if not already a trading member of BX Swiss.

For On-Exchange reported ETF trades, 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.

For Off-Exchange (OTC) reported ETF trades, the TRS Service Description will incorporate the delayed reporting schedule as outlined below.

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 and the Participant wishes to manage the 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 of business will be published on T+1 at 07:50 London time for ETRs and 07:15 London time for the TDM.

BATS Participants wishing to become a BXTR trade reporting member are asked to contact [email protected] 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.

BATS Chi-X Europe: Release of BOE Version 2, effective 22nd May 2015

March 09, 2015 14:30:14

Dear BATS Chi-X Europe Participants,

BATS Chi-X Europe (BATS) is pleased to announce the release of Version 2 of the BATS BOE protocol in Production, effective Friday 22nd May, 2015*.

*Earlier access may be considered if participant requires access to features only available in Version 2 of the protocol.

Summary

* A full summary of enhancements is available in the attached BOE Version 2 specification

* Trade Capture Report (TCR) messages and 7dp functionality will be supported in BOE Version 2

* New BOE ports are not required. Participants can access BOE Version 2 (V2) functionality by issuing a V2 login request over existing BOE ports.

Reason for changes

* BOE Version 1 has several fixed size messages which are unable to accommodate the addition of future functionality. BOE Version 2 allows greater opportunity for expansion.

* BOE Version 1 will continue to be supported for the foreseeable future, however Participants should migrate to BOE Version 2 to be able to take advantage of new functionality as it is added.

Documentation

* The BOE Version 2 specification is available here: http://www.batstrading.co.uk/support/#menu-tech-specs

Testing

* BOE Version 2 is now available for testing in the BXE, CXE and TRF Certification (UAT) environments

* Interested Participants should contact the Trade Desk to undergo a certification test before using BOE Version 2 in Production

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: Q1 2015 Exchange Release - Upcoming Mandatory FIX Changes to BATS Chi-X Europe Trade Reporting Services, effective Fri 24th April 2015

March 03, 2015 14:14:14

Dear BATS Chi-X Europe Participants,

BATS Chi-X Europe (BATS) would like to remind Participants of the upcoming changes below which constitute the BATS Chi-X Europe 2015 Q1 Exchange Release.

The forthcoming mandatory changes to the BATS Chi-X Europe Trade Reporting Services (BXTR) affect the BXE, CXE and TRF PRODUCTION environments and are effective Friday 24th April 2015. Participants must be prepared for these changes from start of day on the effective date.

In addition, the previously announced 2014 Q3 Exchange Release FIX changes will now be made mandatory in PRODUCTION effective from Friday 24th April 2015.

Summary of Mandatory FIX Changes

* The 2014 Q3 Exchange Release FIX changes for Trade Capture Report (TCR) messages will now be made mandatory. The old FIX values will be removed on Friday 24th April 2015. FIX TCR users must indicate to the Trade Desk their planned migration dates to the new FIX values for all affected ports in CERTIFICATION and PRODUCTION prior to Friday 24th April 2015. TCR messages for participants who have not converted to the new format will be rejected upon the effective date.

* The TradeHandlingInstr field (FIX tag 1123) will become mandatory and the submitted value will be mirrored back from BATS to the participant in the TCR message.

* Additional values will be introduced in the Trade Capture Report Ack message (FIX tag 35=AR) from BATS to Participants.

Summary of Optional FIX Changes

* The GrossTradeAmt field (FIX tag 381) will be introduced in the TCR message from Participants to BATS

Reason for changes
These changes are being made in response to participant demand and to align with recently approved FIX trade reporting standards for Market Model Typology (MMT) v2.2 by FIX Trading Community.

Documentation

* 2015 Q1 Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q12015Release_final.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

Testing
All the changes above are available for testing in the Certification (UAT) environments upon request on an immediate basis.

**All changes (both the 2014 Q3 and the 2015 Q1 exchange release changes) will be made mandatory in the UAT environments on Tuesday 24th March 2015. Please contact the Trade Desk if you would like them enabled earlier.

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: Q1 2015 Exchange Release - Upcoming Mandatory FIX Changes to BATS Chi-X Europe Trade Reporting Services, effective Fri 24th April 2015

January 29, 2015 15:42:15

Dear BATS Chi-X Europe Participants,

The following changes constitute the BATS Chi-X Europe 2015 Q1 Exchange Release.

BATS Chi-X Europe (BATS) would like to highlight forthcoming mandatory changes to the BATS Chi-X Europe Trade Reporting Services (BXTR) which affects the BXE, CXE and TRF PRODUCTION environments, effective Friday 24th April 2015. Participants must be prepared for these changes from start of day on the effective date.

In addition, the previously announced 2014 Q3 Exchange Release FIX changes will now be made mandatory in PRODUCTION effective from Friday 24th April 2015.

Summary of Mandatory FIX Changes

* The 2014 Q3 Exchange Release FIX changes for Trade Capture Report (TCR) messages will now be made mandatory. The old FIX values will be removed on Friday 24th April 2015. FIX TCR users must indicate to the Trade Desk their planned migration dates to the new FIX values for all affected ports in CERTIFICATION and PRODUCTION prior to Friday 24th April 2015. TCR messages for participants who have not converted to the new format will be rejected upon the effective date.

* The TradeHandlingInstr field (FIX tag 1123) will become mandatory and the submitted value will be mirrored back from BATS to the participant in the TCR message.

* Additional values will be introduced in the Trade Capture Report Ack message (FIX tag 35=AR) from BATS to Participants.

Summary of Optional FIX Changes

* The GrossTradeAmt field (FIX tag 381) will be introduced in the TCR message from Participants to BATS

Reason for changes
These changes are being made in response to participant demand and to align with recently approved FIX trade reporting standards for Market Model Typology (MMT) v2.2 by FIX Trading Community.

Documentation

* 2015 Q1 Release Guidance Note: http://cdn.batstrading.com/resources/participant_resources/BCE-GuidanceNote-Q12015Release_final.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

Testing
All the changes above are available for testing in the Certification (UAT) environments upon request on an immediate basis. They will become mandatory in the UAT environments on Tuesday 24th March 2015. Please contact the Trade Desk if you would like them enabled earlier.

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 Agrees To Acquire Hotspot FX Market

January 28, 2015 13:28:33

BATS Agrees To Acquire Hotspot FX Market
BATS Global Markets today announced a definitive agreement with KCG Holdings to acquire Hotspot FX, a leading institutional spot foreign exchange market. The acquisition is expected to close in the first half of 2015, and represents further expansion into non-equity trading businesses for the company.

Hotspot is a well-respected, innovative organization and the combination of their existing team and distribution network, combined with our expertise in making markets more efficient, transparent and competitive, will enable us to serve the FX market well.

BATS looks forward to working with the Hotspot team and their customers as we expand our global footprint into the world's largest asset class. For more information, please refer to our press release or contact your Director of Sales. Thank you for your continued support of BATS Chi-X Europe.

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: Introduction of Market Model Typology (MMT) validation

January 27, 2015 15:01:17

Dear BATS Chi-X Europe Participants,

BATS Chi-X Europe (BATS) is pleased to announce Market Model Typology (MMT) validation for Trade Capture Reports submitted via BATS' BXTR suite of services, effective Friday 27th February, 2015. This includes ETR, TDM, MTF and SI reporting services.

Trade Capture Reports with incorrect MMT flag combinations will continue to be accepted but confirmed with a warning.

For guidance on correct MMT flag combinations, Participants should refer to FIX Trading Community's standards for Market Model Typology (MMT).

MMT validation at warning level is now enabled in the Certification (UAT) environments.

Participants can also request access to the MMT Statistics app to monitor progress of their implementation of MMT flags.

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: Changes to Trade Data File, effective 27th Feb 2015

January 21, 2015 13:26:29

Dear BATS Chi-X Europe Participants

Effective Friday 27th February, 2015, BATS Chi-X Europe will be making the following format changes to the PRODUCTION Trade Data CSV file:

Trade Data File

* Two new columns will be added to the end of the reconciliation Trade Data CSV file under the column names 'Trade Handling Instruction' and 'Third Party'

The additions above will take effect in the PRODUCTION BXE, CXE and TRF Trade Data CSV files upon the date indicated above.

To aid in backward compatibility, existing columns will not be removed or reordered.

The changes have already been reflected in the updated Trade Data File Specification and will be made available for testing in the CERTIFICATION environments from Tuesday 27th January, 2015.

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: End of day system maintenance notification

January 15, 2015 16:04:55

Dear BATS Chi-X Europe participants,

Please note that from Monday 19th January 2015, BATS Chi-X Europe will be carrying out daily maintenance activities at end of day, after business activity has ceased but prior to session end. This work will commence after 17:30 UK time daily in the BXE, CXE and TRF Production environments. As a result you may notice order entry handler session disconnects from this time onward.

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.