System Status

BATS BYX Exchange has revoked self-help against New York Stock Exchange

December 31, 2012 15:24:41

BATS BYX Exchange has revoked self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been resumed as of 15:24:36 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange has revoked self-help against New York Stock Exchange

December 31, 2012 15:24:40

BATS BZX Exchange has revoked self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been resumed as of 15:24:34 ET.

All BATS BZX Exchange systems are operating normally.

BATS BZX Exchange has declared self-help against New York Stock Exchange

December 31, 2012 15:12:04

BATS BZX Exchange has declared self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been suspended as of 15:12:00 ET.

All BATS BZX Exchange systems are operating normally.

BATS BYX Exchange has declared self-help against New York Stock Exchange

December 31, 2012 15:12:02

BATS BYX Exchange has declared self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been suspended as of 15:11:57 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange Secondary Site (Chicago) Market Data Issues Resolved

December 18, 2012 14:16:45

Please be advised that the market data issues at the secondary site in Chicago for BATS BZX Exchange have been resolved. All systems are operating normally.

BATS BZX Exchange Secondary Site (Chicago) Market Data Issue

December 18, 2012 14:10:38

Please be advised that BATS is currently investigating an issue with dissemination of market data from the secondary site in Chicago for the BATS BZX Exchange.

Market data for all BATS markets from the primary site in Weehawken are unaffected. All primary data center systems are operating normally.

BATS BZX Exchange Secondary Site (Chicago) Market Data Issue Resolved in Symbol Range IX - KMZZZ

December 18, 2012 13:17:30

Please be advised that the market data issues in symbol range IX through KMZZZ at the secondary site in Chicago for BATS BZX Exchange have been resolved. All systems are operating normally.

BATS BZX Exchange Secondary Site (Chicago) Market Data Issue in Symbol Range IX - KMZZZ

December 18, 2012 13:05:16

Please be advised that BATS is currently investigating an issue with dissemination of market data from the secondary site in Chicago for the BATS BZX Exchange in symbol range IX through KMZZZ.

Market data for all BATS markets from the primary site in Weehawken are unaffected. All primary data center systems are operating normally.

BATS BYX Exchange has revoked self-help against National Stock Exchange

November 26, 2012 11:10:59

BATS BYX Exchange has revoked self-help against National Stock Exchange per Rule 611 of Regulation NMS. Routing to National Stock Exchange has been resumed as of 11:10:48 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange has revoked self-help against National Stock Exchange

November 26, 2012 11:10:55

BATS BZX Exchange has revoked self-help against National Stock Exchange per Rule 611 of Regulation NMS. Routing to National Stock Exchange has been resumed as of 11:10:48 ET.

All BATS BZX Exchange systems are operating normally.

BATS BYX Exchange has declared self-help against National Stock Exchange

November 26, 2012 11:06:11

BATS BYX Exchange has declared self-help against National Stock Exchange per Rule 611 of Regulation NMS. Routing to National Stock Exchange has been suspended as of 11:06:05 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange has declared self-help against National Stock Exchange

November 26, 2012 11:06:07

BATS BZX Exchange has declared self-help against National Stock Exchange per Rule 611 of Regulation NMS. Routing to National Stock Exchange has been suspended as of 11:06:00 ET.

All BATS BZX Exchange systems are operating normally.

BATS BYX Exchange has revoked self-help against New York Stock Exchange

November 12, 2012 14:55:58

BATS BYX Exchange has revoked self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been resumed as of 14:55:43 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange has revoked self-help against New York Stock Exchange

November 12, 2012 14:55:43

BATS BZX Exchange has revoked self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been resumed as of 14:55:37 ET.

All BATS BZX Exchange systems are operating normally.

BATS BYX Exchange has declared self-help against New York Stock Exchange

November 12, 2012 09:33:45

BATS BYX Exchange has declared self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been suspended as of 09:33:34 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange has declared self-help against New York Stock Exchange

November 12, 2012 09:33:32

BATS BZX Exchange has declared self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been suspended as of 09:33:23 ET.

All BATS BZX Exchange systems are operating normally.

BATS Notification of System Issue

November 06, 2012 13:35:51

Dear Member,

Please be advised that BATS has identified a software issue on BATS BYX Exchange and BZX Exchange that allowed directed ISO short sale orders to be executed against orders on the BATS book during a Regulation SHO circuit breaker. This behavior has been possible since Regulation SHO went into effect on February 28, 2011 and since that time has impacted a total of 2,361 orders on BZX Exchange and 2 orders on BYX Exchange.

A patch that resolves this issue is scheduled to be implemented on both BYX Exchange and BZX Exchange on Friday, November 9, 2012.

Please contact the BATS Trade Desk or your Director of Sales with any questions.

BATS Trade Desk
913.815.7001
[email protected]
www.batstrading.com/alerts
www.batsoptions.com/alerts

BATS BYX Exchange, BZX Exchange and BATS Options Will Open Normally on Wednesday, October 31, 2012

October 30, 2012 12:34:23

Please be advised that BATS BYX Exchange, BZX Exchange and BATS Options will be opening per their normal operating schedules on Wednesday, October 31, 2012.

Any further change in operational plans will be communicated via email and posted to the "Schedule Updates" section of the BATS public web-site at http://www.batstrading.com/alerts/.

For More Information
Please contact the BATS Trade Desk or your Director of Sales with any questions.

BATS Trade Desk
913.815.7001
[email protected]
www.batsoptions.com/alerts
www.batstrading.com/alerts

BATS BYX Exchange and BZX Exchange to Extend Industry Test on Tuesday, October 30, 2012 to 4:30 p.m. ET

October 30, 2012 11:37:32

Please be advised that in coordination with the other exchanges and market participants, BATS BYX Exchange and BZX Exchange will be extending today's test window to 4:30 p.m. ET. Closing auctions for BATS-listed test symbols will be held at 4 p.m. ET, and there will be a 30 minute post-market trading session.

This test is being performed to ensure market participants will be able to effectively access NYSE Arca on Tape A, B, and C symbols under market participant ID "P" in the case NYSE "N" and NYSE MKT "A" are not available. Per NYSE, in the case "N" and "A" are not available, they plan to hold opening and closing auctions for NYSE listed securities on the NYSE Arca platform using market participant ID "P" on the consolidated tape.

Active Test Symbols (Primary Listing Exchange)
CBO (NYSE)
CBX (NYSE)
IGZ (NYSE Arca)
ZBZX (BZX Exchange)
ZTEST (BZX Exchange)
ZVZZT (Nasdaq)
ZWZZT (Nasdaq)
ZXZZT (Nasdaq)

Test Window
BYX Exchange and BZX Exchange will be available for testing at approximately 8:00AM ET on Tuesday, October 30, 2012. The test window will conclude at 4:30 p.m. ET.

For More Information
Please contact the BATS Trade Desk or your Director of Sales with any questions.

BATS Trade Desk
913.815.7001
[email protected]
www.batsoptions.com/alerts
www.batstrading.com/alerts

BATS BYX Exchange and BZX Exchange to Participate in Industry Test on Tuesday, October 30, 2012

October 29, 2012 21:36:07

Please be advised that in coordination with the other exchanges and market participants, BATS BYX Exchange and BZX Exchange will be participating in a special industry test on Tuesday, October 30, 2012. For this test, BYX Exchange and BZX Exchange will be activated at approximately 8:00AM ET for a select list of test symbols as defined further below.

This test is being performed to ensure market participants will be able to effectively access NYSE Arca on Tape A, B, and C symbols under market participant ID "P" in the case NYSE "N" and NYSE MKT "A" are not available. Per NYSE, in the case "N" and "A" are not available, they plan to hold opening and closing auctions for NYSE listed securities on the NYSE Arca platform using market participant ID "P" on the consolidated tape.

Active Test Symbols (Primary Listing Exchange)
CBO (NYSE)
CBX (NYSE)
IGZ (NYSE Arca)
ZBZX (BZX Exchange)
ZTEST (BZX Exchange)
ZVZZT (Nasdaq)
ZWZZT (Nasdaq)
ZXZZT (Nasdaq)

Test Window
BYX Exchange and BZX Exchange will plan to be available for testing at approximately 8:00AM ET on Tuesday, October 30, 2012. The test window will conclude at noon ET.

For More Information
Please contact the BATS Trade Desk or your Director of Sales with any questions.

BATS Trade Desk
913.815.7001
[email protected]
www.batsoptions.com/alerts
www.batstrading.com/alerts

BATS BYX Exchange, BZX Exchange and BATS Options Closed on Tuesday, October 30, 2012, Due to Hurricane Sandy

October 29, 2012 13:17:15

As a result of Hurricane Sandy approaching the New York City area BATS BYX Exchange, BZX Exchange and BATS Options will be closed on Tuesday, October 30, 2012. This was a coordinated decision made with input from the SEC, other exchanges, various Members, and SIFMA in the interest of public safety and maintaining fair and orderly markets. BATS will continue to monitor the situation on Tuesday and provide updates regarding the trading schedule for Wednesday as the situation progresses.

Any further change in operational plans will be communicated via email and posted to the "Schedule Updates" section of the BATS public web-site at http://www.batstrading.com/alerts/.

Please contact the BATS Trade Desk or your Director of Sales with any questions.

BATS Trade Desk
913.815.7001
[email protected]
www.batsoptions.com/alerts
www.batstrading.com/alerts

BATS BYX Exchange, BZX Exchange and BATS Options Closed on Monday, October 29, 2012, Due to Hurricane Sandy

October 28, 2012 22:57:07

As a result of Hurricane Sandy approaching the New York City area BATS BYX Exchange, BZX Exchange and BATS Options will be closed on Monday, October 29, 2012. This was a coordinated decision made with input from the SEC, other exchanges, various Members, and SIFMA in the interest of public safety and maintaining fair and orderly markets. BATS will continue to monitor the situation on Monday and provide updates regarding the trading schedule for Tuesday as the situation progresses.

Any further change in operational plans will be communicated via email and posted to the "Schedule Updates" section of the BATS public web-site at http://www.batstrading.com/alerts/.

Please contact the BATS Trade Desk or your Director of Sales with any questions.

BATS Trade Desk
913.815.7001
[email protected]
www.batsoptions.com/alerts
www.batstrading.com/alerts

BATS Notification of System Issue

October 24, 2012 16:26:57

Please be advised that BATS has identified an issue with posting non-IOC, short sale BATS+ (Destination Specific) orders that are received for securities in a Regulation SHO circuit breaker. Rather than posting such orders when expected, the orders have been cancelled back to the Member. This issue has been present since implementation of Regulation SHO circuit breakers on February 28, 2011. BATS will be reaching out to impacted Members and will be applying a patch to correct this issue effective Friday, November 9, 2012.

Please contact the BATS Trade Desk or your Director of Sales with any questions.

BATS BYX Exchange has revoked self-help against New York Stock Exchange

October 12, 2012 13:59:45

BATS BYX Exchange has revoked self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been resumed as of 13:59:38 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange has revoked self-help against New York Stock Exchange

October 12, 2012 13:59:37

BATS BZX Exchange has revoked self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been resumed as of 13:59:32 ET.

All BATS BZX Exchange systems are operating normally.

BATS BYX Exchange has declared self-help against New York Stock Exchange

October 12, 2012 13:53:59

BATS BYX Exchange has declared self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been suspended as of 13:53:45 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange has declared self-help against New York Stock Exchange

October 12, 2012 13:53:41

BATS BZX Exchange has declared self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been suspended as of 13:53:36 ET.

All BATS BZX Exchange systems are operating normally.

BATS Notification of System Issue

October 04, 2012 16:42:49

Dear Member,

Please be advised that BATS has identified a software issue that caused a rare situation to exist where a slid order would not un-slide when expected. This situation exists only when the following conditions are present:

1. A Display-Price Sliding or Multiple Display-Price Sliding order is posted to the book and slid, thus working at the same price as the NBO (NBB) but displayed one trading increment lower (higher).

* NBBO: $10.00 x $10.01

* BATS has a price slid order working at $10.01, but displayed at $10.00

2. BATS has a displayed order on the opposite side of the book priced at one trading increment higher (lower) than the NBO (NBB).

* BATS displayed offer at $10.02

3. The NBO (NBB) (excluding BATS) subsequently moves by at least two trading increments.

* The NBO excluding BATS moves to $10.03, leaving the BATS displayed quote as the NBO at $10.02.

The expected behavior in this scenario is that the price slid order would un-slide so that display price on the order is now $10.01 because no other locking offers exist at $10.01. However, due to the software issue, this un-slide did not occur.
Updated software that resolves this issue is currently being tested and is scheduled to be implemented in our BZX and BYX Exchanges on Monday, October 8, 2012.

Please contact the BATS Trade Desk or your Director of Sales with any questions.

BATS Trade Desk
913.815.7001
[email protected]
www.batstrading.com/alerts
www.batsoptions.com/alerts

BATS BYX Exchange has revoked self-help against CBSX

September 14, 2012 13:22:10

BATS BYX Exchange has revoked self-help against CBSX per Rule 611 of Regulation NMS. Routing to CBSX has been resumed as of 13:22:05 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange has revoked self-help against CBSX

September 14, 2012 13:22:05

BATS BZX Exchange has revoked self-help against CBSX per Rule 611 of Regulation NMS. Routing to CBSX has been resumed as of 13:21:59 ET.

All BATS BZX Exchange systems are operating normally.

BATS BYX Exchange has declared self-help against CBSX

September 14, 2012 13:12:52

BATS BYX Exchange has declared self-help against CBSX per Rule 611 of Regulation NMS. Routing to CBSX has been suspended as of 13:12:40 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange has declared self-help against CBSX

September 14, 2012 13:12:45

BATS BZX Exchange has declared self-help against CBSX per Rule 611 of Regulation NMS. Routing to CBSX has been suspended as of 13:12:37 ET.

All BATS BZX Exchange systems are operating normally.

BATS Secondary Site (Chicago) Issues Resolved

August 30, 2012 15:26:32

Please be advised that all issues at BATS secondary data center in Chicago have been resolved. All systems are operating normally.

BATS Secondary Site (Chicago) System Status Update

August 30, 2012 14:54:36

Please be advised that BATS is currently investigating issues with market data dissemination out of the secondary data center in Chicago. The primary data center in Weehawken is not impacted. All production systems are operating normally.

BATS Notification of System Issue

August 27, 2012 18:20:00

Dear Member,

Please be advised that BATS has identified an issue impacting certain orders that were flagged as Multiple Display-Price Sliding orders, BOE DisplayIndicator (FIX Tag 9479) = M. Multiple Display-Price Sliding functionality was made available for opt-in on Friday, August 24 and 13 orders have been impacted since the release date. Each affected order apparently did not adjust to a more aggressive price up to its limit price after initial adjustment upon entry. BATS has reached out to impacted Members. Multiple Display-Price Sliding functionality will be disabled until further notice.

Note that effective Tuesday, August 28, 2012, orders sent with BOE DisplayIndicator (FIX Tag 9479) = M will be rejected.

Please contact the BATS Trade Desk or your Director of Sales with any questions.

BATS Trade Desk
913.815.7001
[email protected]
www.batstrading.com/alerts
www.batsoptions.com/alerts

BATS Clearly Erroneous Ruling - Multiple Symbols

August 01, 2012 16:10:31

BATS Exchange and BATS Y-Exchange, in conjunction with other Exchanges has ruled to break clearly erroneous trades executed on BATS BZX and BYX between 9:30:00 and 10:15:00 ET, using the following guidelines:


SymbolParameter
ARC $5.71 and above
CO $3.22 and above
EJ $3.36 and below
KWK $5.91 and above
UTGr $0.0490 and below
WZE $4.68 and above

This ruling is not eligible for appeal.

BATS Notification of System Issue

June 05, 2012 13:05:26

Dear Member,

Please be advised that, due to a system configuration error, the Post Only Order Default Behavior change scheduled to be released this Friday, June 8, 2012, was unintentionally enabled this morning until 10:42:35PM ET on BZX Exchange and until 10:43:47 on BYX Exchange. The BATS Trade Desk will be reaching out to impacted Members today.

Please contact the BATS Trade Desk or your Director of Sales with any questions.

BATS System Status Update

May 09, 2012 14:47:06

Please be advised that BATS experienced a momentary network interruption with NASDAQ causing some stuck orders and delayed prints to the tape. BATS has successfully re-connected, all trades have been printed, and all stuck orders have been electronically resolved.

All BATS systems are operating normally.

Regulation SHO Short Sale Restriction Lifted in GHYG

May 03, 2012 18:01:41

BATS determined that the Regulation SHO Short Sale restriction for the iShares Global High Yield Corporate Bond Fund (GHYG) was triggered earlier today as a result of a clearly erroneous execution that was subsequently cancelled. BATS lifted the short sale restriction on GHYG effective 1:56:36PM ET.

Please contact the BATS Trade Desk with any questions.

BATS Trade Desk
913.815.7001
[email protected]
www.batstrading.com/alerts
www.batsoptions.com/alerts

BATS BYX Exchange has revoked self-help against EDGA

April 16, 2012 15:30:17

BATS BYX Exchange has revoked self-help against EDGA per Rule 611 of Regulation NMS. Routing to EDGA has been resumed as of 15:30:09 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange has revoked self-help against EDGA

April 16, 2012 15:30:17

BATS BZX Exchange has revoked self-help against EDGA per Rule 611 of Regulation NMS. Routing to EDGA has been resumed as of 15:30:11 ET.

All BATS BZX Exchange systems are operating normally.

BATS BZX Exchange has declared self-help against EDGA

April 16, 2012 15:26:54

BATS BZX Exchange has declared self-help against EDGA per Rule 611 of Regulation NMS. Routing to EDGA has been suspended as of 15:26:44 ET.

All BATS BZX Exchange systems are operating normally.

BATS BYX Exchange has declared self-help against EDGA

April 16, 2012 15:26:53

BATS BYX Exchange has declared self-help against EDGA per Rule 611 of Regulation NMS. Routing to EDGA has been suspended as of 15:26:47 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange Post-Mortem - 4/4/2012

April 04, 2012 17:58:41

Dear Member,

At 15:20:40 ET, a single matching engine handling symbol range A-BFZZZ encountered a software defect related to receipt of a regular hours only (RHO) auction order for a non-BATS listed symbol (AOB) that was halted. This order should have been rejected by the system but instead exposed a software defect which rendered open orders in this symbol range inaccessible. BATS BYX Exchange declared self-help against BZX Exchange at 15:22:09 and the BZX Exchange sent notice simultaneously that BATS was investigating system issues in the affected range. BATS also immediately requested all quotes in the affected range for BZX Exchange be removed from the consolidated tapes.

BATS successfully restarted the matching engine for the affected range, and normal trading in those symbols resumed at 15:31:10 ET. All previously open orders were cancelled and electronically communicated to customers prior to the acceptance of any new orders. In addition, any fills in flight at the time of the outage were electronically communicated to customers. A solution for this issue has been identified and new software will be deployed this evening for tomorrows trading.

BATS expects all systems to operate normally tomorrow.

BATS BZX Exchange System Issues in Symbol Range A-BFZZZ Resolved

April 04, 2012 15:34:13

Please be advised that all issues at BATS BZX Exchange have been resolved. All systems are operating normally.

BATS BYX Exchange has revoked self-help against BATS BZX

April 04, 2012 15:31:47

BATS BYX Exchange has revoked self-help against BATS BZX per Rule 611 of Regulation NMS. Routing to BATS BZX has been resumed as of 15:31:41 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange System Status Update

April 04, 2012 15:22:36

Please be advised that BATS is currently investigating system issues in trading in symbol range A - BFZZZ. Will advise.

BATS BYX Exchange has declared self-help against BATS BZX

April 04, 2012 15:22:18

BATS BYX Exchange has declared self-help against BATS BZX per Rule 611 of Regulation NMS. Routing to BATS BZX has been suspended as of 15:22:09 ET.

All BATS BYX Exchange systems are operating normally.

BATS System Status

March 29, 2012 14:48:19

Please be advised that BATS is currently experiencing no issues. All systems are operating normally.

BATS BZX Exchange Post-Mortem - 03/23/2012

March 23, 2012 19:21:37

Dear Member,

At 10:45:26AM ET, a single matching engine handling symbol range A-BFZZZ encountered a software bug related to IPO auctions which rendered open orders in this symbol range inaccessible. BZX Exchange sent notice at 10:48:41AM ET that BATS staff was investigating system issues in trading of symbols in the range of A through BFZZZ. Additionally, the IPO auction for securities of BATS Global Markets, Inc. ("BGM") did not successfully print and continuous book trading of BGM stock on the BZX Exchange system did not begin as expected.

BATS immediately requested all quotes in the affected range for BZX Exchange be removed from the consolidated tapes. Around 11AM ET, the BATS Trade Desk noticed BYX Exchange was continuing to witness crossed markets from stale quotes in UTP symbols on the BZX Exchange. BYX Exchange declared Self Help vs. BZX Exchange at 11:07:04am ET and again contacted the UTP SIP to pull quoting for symbols in the affected range. BATS confirmed the UTP SIP successfully pulled BZX Exchange quotes at 11:27:01am ET. The stale BZX quotes seen in BYX were the cause of three clearly erroneous trades in AAPL which were cancelled between 11:49am and 12:34pm ET.

Regarding the initial print of BGM stock, BZX Exchange submitted the IPO auction print to the consolidated tape at 11:14:18am ET.

Prior to noon ET, BATS staff notified members that the system would be available for trading all securities in the affected range except for BGM at noon ET. In connection with attempting an orderly reopening of the BGM stock, BATS staff communicated to members that it would shutdown trading for an emergency window period between12:40-12:50PM ET in order to deploy an emergency patch. BZX Exchange cancelled all open orders in this symbol range prior to the orderly shutdown and during this period deployed the emergency patch. The shutdown and commencement of trading in this symbol range was orderly and occurred at the communicated timeframes. BATS staff ultimately made a decision not to reopen the BGM stock. Once the decision was made, the original IPO print was cancelled, individual executions were broken for the day, and notice was submitted to all affected parties.

BATS expects all systems to operate normally on Monday morning and the BGM stock (symbol BATS) will not be trading.

BATS Trade Desk
913.815.7001
[email protected]
www.batstrading.com/alerts
www.batsoptions.com/alerts

BATS BZX Exchange - BATS Symbol Will Not Open Today

March 23, 2012 15:10:37

Please be advised that BATS Exchange will not be opening the symbol BATS today. All executions in the opening auction will be cancelled. Electronic notice will be sent to affected parties.

BATS Trade Halt Auction Update: BATS

March 23, 2012 13:03:29

After further review, BATS BZX Exchange will be further delaying the quoting and auction period for symbol BATS. We will advise on further updates.

BATS BZX Exchange - Halt Auction Schedule for Symbol BATS

March 23, 2012 12:41:31

Please be advised that BZX Exchange will begin a quoting period of a halt auction for symbol BATS at 1:15:00PM ET. The BATS halt auction is scheduled to take place at 1:20:00.

BATS BZX Exchange System Status Update (Symbol Range A - BFZZZ)

March 23, 2012 12:21:45

Please be advised that BATS BZX Exchange will be cancelling all open orders in symbol range A - BFZZZ at 12:40:00ET. Trading will resume in this symbol range at 12:50:00ET.

The resume time for the BATS Symbol Halt auction will be communicated shortly.

BATS BYX Exchange has revoked self-help against BATS BZX

March 23, 2012 11:55:41

BATS BYX Exchange has revoked self-help against BATS BZX per Rule 611 of Regulation NMS. Routing to BATS BZX has been resumed as of 11:55:32 ET.

All BATS BYX Exchange systems are operating normally.

BATS System Status Update - Trading Issues Resolved

March 23, 2012 11:53:26

Please be advised that all issues at BATS BZX Exchange in symbol range A through BF have been resolved. Trading will resume in symbols A through BFZZZ at noon ET. TCP PITCH market data may be delayed. All other market data is timely. All fills and outs have been submitted electronically.

The IPO auction execution for symbol BATS has been printed on Tape B at a price of $15.25 with a size of 1,199,652. The symbol BATS will be halted until further notice. Resume time for trading in symbol BATS will be communicated as soon as possible.

BATS BYX Exchange has declared self-help against BATS BZX

March 23, 2012 11:07:25

BATS BYX Exchange has declared self-help against BATS BZX per Rule 611 of Regulation NMS. Routing to BATS BZX has been suspended as of 11:07:04 ET.

All BATS BYX Exchange systems are operating normally.

BATS System Status Update - Issues Trading in Symbols Range A - BFZZZ

March 23, 2012 10:48:41

Please be advised that BATS is currently investigating system issues trading in symbols range A through BFZZZ. Will advise.

BATS Post Mortem - Market Data and DROP Delivery

March 20, 2012 16:03:05

Dear Member,

Please be advised that due to a network device failure, BATS BZX Exchange experienced Market Data and DROP distribution issues on its 1G feeds between 9:39:10AM and 9:53:05AM ET on Tuesday, March 20, 2012. Order entry, matching and routing were not impacted. SIP prints were also delayed during this timeframe. SIP prints resumed at 9:52:41AM ET and delayed prints were marked as late. Late prints were published by 9:52:49AM ET.

Upon identification of the issue, BATS forced failover to a secondary device resolving the issue. The failed device will be replaced after markets hours.

All BATS BZX Exchange systems are operating normally.

Please contact the BATS Trade Desk or your Director of Sales with any questions. Thank you for your continued support of BATS.

BATS Trade Desk
913.815.7001
[email protected]
www.batstrading.com/alerts
www.batsoptions.com/alerts

BATS BZX Exchange Market Data and DROP Issues Resolved

March 20, 2012 09:55:37

Please be advised that all issues at BATS BZX Exchange have been resolved. All systems are operating normally.

BATS BZX Exchange System Status Update

March 20, 2012 09:51:56

Please be advised that BATS BZX Exchange is currently investigating an issue with distribution of PITCH and DROP data. Order entry, matching and routing is functioning normally. Will advise.

BATS BYX Exchange and BATS Options are not impacted.

BATS BZX Exchange System Status Update - Market Data Distribution

March 20, 2012 09:49:13

Please be advised that BATS BZX Exchange is currently investigating an issue with distribution of PITCH and DROP data. Order entry, matching and routing is functioning normally. Will advise.

<a href="/resources/system_self_help/BATS_Notification_of_System_Issue_Impacting_Short_Sale_Circuit_Breaker_Deactivation_Processing.pdf" target="_blank">BATS Notification of System Issue Impacting Short Sale Circuit Breaker Deactivation Processing</a>

February 23, 2012 16:27:59

Dear Member,

Please be advised that due to a system issue, BATS BZX Exchange and BYX Exchange did not deactivate short sale circuit breakers (SSCB) on certain CTA symbols until the time of day reached the time of day in which the breaker was initially triggered. For example a symbol that went into SSCB at 3:00 PM on a Monday should have resulted in a SSCB deactivation condition prior to the start of trading on the following Wednesday, but neither BZX nor BYX would have deactivated the SSCB condition until Wednesday at 3:00 PM.

This issue was limited to securities that were to deactivate their SSCB condition between the start of trading on Tuesday, February 21, 2012 and end of day Thursday, February 23, 2012. Corrective action was taken this morning around approximately 10:00 AM ET and, as of 10:11:00 AM ET, Short Sale Circuit Breaker Processing was operating as expected. The lists below show affected symbols by day during this 3 day period in which this system issue was active. The time at which the SSCB deactivation occurred for affected symbols is also noted below.

During the periods where SSCB was not deactivated any short sale orders received at a price that was at or below the National Best Bid (NBB) would have not been allowed to execute at that price and would have been either cancelled back to the entering User or re-priced and displayed at the NBB + 1 tick.

---------------------------------
SYMBOL TIME OF DELAYED EXIT
---------------------------------

Tuesday, February 21st Symbols
CIG 11:14:24 (BZX Exchange and BYX Exchange)

Wednesday, February 22nd Symbols
COT 09:35:45 (BZX Exchange and BYX Exchange)
DGAZ 09:42:08 (BZX Exchange and BYX Exchange)
GFIG 10:07:00 (BZX Exchange and BYX Exchange)
ISR 10:12:28 (BZX Exchange and BYX Exchange)
MBA 11:34:00 (BZX Exchange and BYX Exchange)
QBC 11:47:42 (BZX Exchange and BYX Exchange)
KOLD 12:10:49 (BZX Exchange and BYX Exchange)
AXN 13:43:13 (BZX Exchange and BYX Exchange)
CRC 14:15:00 (BZX Exchange and BYX Exchange)
BAC+B 15:56:26 (BZX Exchange and BYX Exchange)
BMJ 16:15:05 (BZX Exchange and BYX Exchange)

Thursday, February 23rd Symbols
WFT 09:32:51 (BZX Exchange and BYX Exchange)
YMI 09:34:19 (BZX Exchange and BYX Exchange)
CIE 09:59:55 (BZX Exchange and BYX Exchange)
NBY 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
OC+B 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
CRY 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
PBTH 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
RC 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
TTTM+Z 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
DAL 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
WYY 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
CBK 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
BYD 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
ARR+ 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
CTC 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
UAL 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
DEXO 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
EVK 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
GTN.A 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
IDI+ 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
JOB 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
KUN 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
LCC 10:01:57 (BZX Exchange) and 10:05:07 (BYX Exchange)
DSLV 10:11:00 (BZX Exchange) and 10:10:35 (BYX Exchange)

Please contact the BATS Trade Desk or your Director of Sales with any questions. Thank you for your continued support of BATS.

BATS Trade Desk
913.815.7001
[email protected]
www.batstrading.com/alerts
www.batsoptions.com/alerts

BATS BZX Exchange has revoked self-help against NYSE Amex

January 31, 2012 13:58:10

BATS BZX Exchange has revoked self-help against NYSE Amex per Rule 611 of Regulation NMS. Routing to NYSE Amex has been resumed as of 13:58:05 ET.

All BATS BZX Exchange systems are operating normally.

BATS BYX Exchange has revoked self-help against NYSE Amex

January 31, 2012 13:57:30

BATS BYX Exchange has revoked self-help against NYSE Amex per Rule 611 of Regulation NMS. Routing to NYSE Amex has been resumed as of 13:57:25 ET.

All BATS BYX Exchange systems are operating normally.

BATS BYX Exchange has declared self-help against NYSE Amex

January 31, 2012 13:53:20

BATS BYX Exchange has declared self-help against NYSE Amex per Rule 611 of Regulation NMS. Routing to NYSE Amex has been suspended as of 13:53:09 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange has declared self-help against NYSE Amex

January 31, 2012 13:53:16

BATS BZX Exchange has declared self-help against NYSE Amex per Rule 611 of Regulation NMS. Routing to NYSE Amex has been suspended as of 13:53:04 ET.

All BATS BZX Exchange systems are operating normally.

BATS Post Mortem - Carrier Issue

January 27, 2012 16:24:22

Dear Member,

Please be advised that due to a significant multiple circuit carrier outage in the northeast, at 15:01:34ET on Friday, January 27, 2012, BATS BYX Exchange, BZX Exchange and BATS Options experienced a network disconnect on their primary network links to the SIPs and OPRA. All SIP connections failed over seamlessly to the secondary path. The majority of OPRA connections failed over seamlessly, however a subset were unable to initially connect to the secondary path. The secondary path to the subset of OPRA connections was established at 15:43ET at which time BATS Options was operating normally.

This connectivity issue also affected routable orders through the primary path to another market center on the BYX Exchange and BZX Exchange. These connections automatically failed over to the secondary path. Any stuck orders caught in flight were electronically cancelled.

The secondary site for the BZX Exchange was also impacted as a result of this carrier connectivity issue. This resulted in market data sourced from the secondary site being unavailable from the commencement of the carrier outage on.

All BATS primary site systems are operating normally. Secondary site systems will operate normally on Monday, January 30, 2012.

Please contact the BATS Trade Desk or your Director of Sales with any questions. Thank you for your continued support of BATS.

BATS Trade Desk
913.815.7001
[email protected]
www.batstrading.com/alerts
www.batsoptions.com/alerts

BATS System Status Update - Secondary Site Update

January 27, 2012 15:47:51

Please be advised that market data out of the secondary site is not operational at this time. All primary site facilities and connections are operating normally.

BATS System Status Update - SIP Connectivity Update

January 27, 2012 15:14:08

Please be advised that BATS lost its primary path to the SIP, but has failed over to its secondary path. BATS is not experiencing any issues printing/quoting from the equities platforms. All systems are operating normally.

BATS System Status Update

January 27, 2012 15:05:42

Please be advised that BATS is currently investigating connectivity issues with the SIPs.

BATS BZX Exchange has revoked self-help against New York Stock Exchange

January 25, 2012 15:52:39

BATS BZX Exchange has revoked self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been resumed as of 15:52:30 ET.

All BATS BZX Exchange systems are operating normally.

BATS BYX Exchange has revoked self-help against New York Stock Exchange

January 25, 2012 15:52:33

BATS BYX Exchange has revoked self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been resumed as of 15:52:26 ET.

All BATS BYX Exchange systems are operating normally.

BATS BZX Exchange has declared self-help against New York Stock Exchange

January 25, 2012 15:27:32

BATS BZX Exchange has declared self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been suspended as of 15:27:22 ET.

All BATS BZX Exchange systems are operating normally.

BATS BYX Exchange has declared self-help against New York Stock Exchange

January 25, 2012 15:27:29

BATS BYX Exchange has declared self-help against New York Stock Exchange per Rule 611 of Regulation NMS. Routing to New York Stock Exchange has been suspended as of 15:27:21 ET.

All BATS BYX Exchange systems are operating normally.