Routing Alerts

BATS Chi-X Europe: Smart Order Routing update

November 30, 2015 09:14:28

Dear BATS Chi-X Europe Participants,

BATS Chi-X Europe (BATS) would like to inform users of the BATS Smart Order Routing (SOR) facility that Level 2 market data depth will no longer be used by the SOR strategies, effective Monday, 4th January 2016.

Level 1 market (Best Bid or Offer) data will be used by the SOR strategies as of the effective date.

Further documentation for all BATS SOR strategies can be found here:
http://cdn.batstrading.com/resources/participant_resources/BATSEuro_RoutingStrategies.pdf
http://cdn.batstrading.com/resources/participant_resources/BATSEuro_SOR.pdf

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.