Tradedesk Updates

BATS Options Exchange Feature Release Postponed to November 10, 2014

November 05, 2014

The release of the updated BATS Options Exchange Opening Process will be postponed to Monday, November 10, 2014 (pending SEC approval).

Reminder - BATS to Decommission Legacy Drop Protocol

November 04, 2014

BATS BYX Exchange, BZX Exchange, and BATS Options will decommission the Legacy Drop protocol effective December 31, 2014. FIX Drop and Order-by-Order FIX Drop ports will continue to be supported.

Final Reminder: BATS BYX Exchange, BZX Exchange and BATS Options NJ2 Certification Environments to be Decommissioned Effective October 31, 2014

October 28, 2014

As previously announced, BATS will be relocating its certification environments for the BYX Exchange, BZX Exchange and BATS Options Exchange from the NJ2 data center in Weehawken, NJ to the Equinix NY5 data center in Secaucus, NJ. The existing certification environments in the NJ2 data center will be decommissioned on Friday, October 31, 2014. Members will be required to utilize the certification environments located in the NY5 data center after this date. Please click on the title for complete details.

BATS Options Announces New Fee Codes and FIX Specification Updates

October 28, 2014

Please be advised that BATS Options Exchange is introducing a new FIX tag, 9882 (FeeCode), which will be distributed on all Execution Reports effective Friday, November 21, 2014. Members may opt-in to receive this tag as early as Friday, November 7, and the tag is available in the BATS Options Exchange certification environment effective immediately. Additionally, IX tag 9621 (ExchangeAccessFee) will be deprecated effective March 31, 2015. Members are encouraged to begin using tag 9882 in place of 9621 as soon as possible. Please click on the title for complete details.

Reminder: BATS Options Exchange Feature Release Available Effective November 6, 2014

October 27, 2014

As previously announced, effective Thursday, November 6, 2014 (pending SEC approval), we will be updating the Opening Process on BATS Options Exchange. On the effective date, the BATS Options Exchange will change how orders transition from the queued state to the trading state. Currently all orders that are priced more aggressively than the Opening Price are cancelled back. After the change BATS will transition existing orders that did not execute in the Opening Process to the Continuous Book based on time priority. During this transition orders may post to the book, be cancelled back, execute at prices other than the Opening Price, or be routed out depending on the instructions on the order. Additionally, the Trading Status for Multicast PITCH will be implied as "S"uspended at system startup on the effective date. Presently, Trading Status is implied as "H"alted at system startup. Please click on the title for more information.

Reminder: BATS BYX Exchange, BZX Exchange and BATS Options NJ2 Certification Environments to be Decommissioned Effective October 31, 2014

October 20, 2014

As previously announced, BATS will be relocating its certification environments for the BYX Exchange, BZX Exchange and BATS Options Exchange from the NJ2 data center in Weehawken, NJ to the Equinix NY5 data center in Secaucus, NJ. The existing certification environments in the NJ2 data center will be decommissioned on Friday, October 31, 2014. Members will be required to utilize the certification environments located in the NY5 data center after this date. Please click on the title for complete details.

Reminder: BATS BYX Exchange, BZX Exchange and BATS Options NJ2 Certification Environments to be Decommissioned Effective October 31, 2014

October 07, 2014

As previously announced, BATS will be relocating its certification environments for the BYX Exchange, BZX Exchange and BATS Options Exchange from the NJ2 data center in Weehawken, NJ to the Equinix NY5 data center in Secaucus, NJ. The existing certification environments in the NJ2 data center will be decommissioned on Friday, October 31, 2014. Members will be required to utilize the certification environments located in the NY5 data center after this date. Please click on the title for complete details.

BATS Options Exchange Announces Feature Release Available Effective November 6, 2014

September 29, 2014

BATS is pleased to announce that effective Thursday, November 6, 2014 (pending SEC approval), we will be updating the Opening Process on BATS Options Exchange. On the effective date, the BATS Options Exchange will change how orders transition from the queued state to the trading state. Currently all orders that are priced more aggressively than the Opening Price are cancelled back. After the change BATS will transition existing orders that did not execute in the Opening Process to the Continuous Book based on time priority. During this transition orders may post to the book, be cancelled back, execute at prices other than the Opening Price, or be routed out depending on the instructions on the order. Please click on the title for more information.

BATS Announces Feature Release Available Effective October 17, 2014

September 23, 2014

As part of the Direct Edge Integration in accordance with the previously announced platform change matrix and software roadmap, BATS is pleased to announce that effective October 17, 2014 (pending SEC approval), we will be releasing new order entry features on the BATS BYX Exchange, BZX Exchange, and BATS Options Exchange. For the complete details regarding the new features and the trading platforms they will be made available on, please click on the title.

Reminder: BATS Feature Release Available Effective October 3, 2014

September 23, 2014

As part of the Direct Edge Integration in accordance with the previously announced platform change matrix and software roadmap, effective Friday, October 3, 2014, we will be releasing updates for TCP and Multicast PITCH on the BATS BYX Exchange, BZX Exchange and BATS Options Exchange. Additionally on the effective date, BYX Exchange and BZX Exchange will begin to support the Hidden Cancel Back functionality. For complete details regarding these updates, please click on the title.

Reminder: BATS PITCH Updates Effective October 3, 2014

September 09, 2014

As part of the Direct Edge Integration in accordance with the previously announced platform change matrix, effective Friday, October 3, 2014, we will be releasing the following previously announced updates for TCP and Multicast PITCH on the BATS BYX Exchange, BZX Exchange and BATS Options Exchange. Please click on the title for complete details.

BATS Feature Release Available Effective September 12, 2014

August 29, 2014

As part of the Direct Edge Integration in accordance with the previously announced platform change matrix, BATS is pleased to announce that effective Friday September 12, 2014 (pending SEC approval), we will be releasing Visible Peg Orders, Route Mid-Point (RMPT) Route Strategies, and introducing new re-route functionality on the BATS BYX Exchange and BZX Exchange. Please click the title for complete details.

Reminder: BATS Announces Order Attribute and Behavior Feature Release Available Effective August 22, 2014

August 20, 2014

As part of the Direct Edge Integration in accordance with the previously announced platform change matrix, BATS reminds its Members that effective Friday, August 22, 2014 (pending SEC approval), we will be releasing several new order entry features on the BATS BYX Exchange, BZX Exchange and BATS Options Exchange. Please click the title for complete details.

Reminder: BATS Release of BOE Version 2 Effective August 15, 2014

August 12, 2014

As part of the Direct Edge Integration in accordance with the previously announced platform change matrix, BATS is pleased to announce that effective Friday, August 15, 2014, we will be introducing support for BOE Version 2 (BOE2) in production for BATS BYX Exchange, BZX Exchange and BATS Options Exchange. Please click the title for complete details.

BATS BYX Exchange, BZX Exchange and BATS Options Certification Data Center Migration Schedule

August 06, 2014

Please be advised that BATS is currently in process of relocating its certification environments for the BYX Exchange, BZX Exchange and BATS Options Exchange from the NJ2 data center in Weehawken, NJ to the Equinix NY5 data center in Secaucus, NJ. The existing certification environments in the NJ2 data center will be decommissioned on Friday, October 31, 2014. Members will be required to utilize the certification environments located in the NY5 data center after this date. NY5 certification environments are active and available for use by BATS Members effective immediately. Please click on the title for more information.

BATS Announces PITCH Updates Available Effective October 3, 2014

August 01, 2014

As part of the Direct Edge Integration in accordance with the previously announced platform change matrix, BATS is pleased to announce that effective Friday, October 3, 2014, we will be releasing the updates for TCP and Multicast PITCH on the BATS BYX Exchange, BZX Exchange and BATS Options Exchange. For complete details, please click on the title.

BATS Announces Order Attribute and Behavior Feature Release Available Effective August 22, 2014

July 31, 2014

As part of the Direct Edge Integration in accordance with the previously announced platform change matrix, BATS is pleased to announce that effective Friday, August 22, 2014 (pending SEC approval), we will be releasing additional order entry features on the BATS BYX Exchange, BZX Exchange and BATS Options Exchange. Please click the title for complete details.

Update: BATS Feature Release Available Effective July 11, 2014

July 02, 2014

The release of the previously announced features that follow has been postponed to Friday, July 11, 2014, pending SEC approval. Please click on the title for complete details.

BATS Announces Release of BOE Version 2 Effective August 15, 2014

July 01, 2014

As part of the Direct Edge Integration in accordance with the previously announced platform change matrix, BATS is pleased to announce that effective Friday, August 15, 2014, we will be introducing support for BOE Version 2 (BOE2) in production for BATS BYX Exchange, BZX Exchange and BATS Options Exchange. Please click on the title for complete details.

BATS Announces Feature Release Available Effective July 3, 2014

June 05, 2014

As part of the Direct Edge Integration in accordance with the previously announced platform change matrix, BATS is pleased to announce that effective Thursday, July 3, 2014 (pending SEC approval), we will be releasing the following FIX order entry features on the BATS BYX Exchange, BZX Exchange and BATS Options Exchange: Random Replenishment, Max Floor Modification, Fill or Kill Orders, and Stop/Stop Limit Orders. These same features will be made available immediately in BOE version 2 upon its release on a date to be announced later this summer. Please click on the title for more information.

BATS to Decommission Legacy Drop Protocol

May 01, 2014

BATS BYX Exchange, BZX Exchange, and BATS Options will decommission the Legacy Drop protocol effective December 31, 2014. FIX Drop and Order-by-Order FIX Drop ports will continue to be supported. Please click on the title for complete details.

Reminder: BATS Options Exchange Opening Process

March 18, 2014

Reminder that BATS Options will roll out new Opening Process procedures on Friday, March 14, 2014.

Final Reminder: BATS Options Exchange Opening Process

March 05, 2014

Effective Thursday, March 6, 2014, BATS Options Exchange will update the opening process for pre-market and post-halt periods.

Reminder: BATS Options Exchange Opening Process Final Testing Opportunity Saturday, February 22

February 21, 2014

The new BATS Options opening procedures is currently available for Member testing in the BATS Options Certification environment. The final weekend Production testing will be made available for Members on Saturday, February 22nd, 2014. Click on the title for additional information.

Reminder: BATS / Direct Edge Integration Plan

February 20, 2014

This morning (Thursday, February 20, 2014) at 10 a.m. ET, BATS Global Markets will hold a conference call to discuss the implementation plan and schedule for integrating the Direct Edge exchanges to BATS technology. During the call, we will provide details regarding the BATS/Direct Edge data center strategy, an integration timeline, key transition dates, and additional information. Please click the title for complete details.

BATS / Direct Edge Integration Plan

February 19, 2014

On January 31, 2014, BATS completed its merger with Direct Edge. We intend to leverage the best-in-class offerings from both organizations to create a first-class exchange operator that brings enhanced value to you, our Members. Thus, we are pleased to announce the implementation plan and schedule for integrating the BATS and Direct Edge exchanges, which involves migrating the two Direct Edge exchanges (EDGX and EDGA) to the BATS technology platform. Please click on the title for complete integration details including technology highlights, details regarding the BATS/Direct Edge data center strategy, an integration timeline, key transition dates and where to obtain additional information.

Reminder: BATS Options Exchange Updating Opening Process Effective March 6, 2014

February 14, 2014

Effective Thursday, March 6, 2014 (pending SEC approval), BATS Options Exchange will update the opening process for pre-market and post-halt periods.

Reminder: BATS Options Exchange Updating Opening Process Effective March 6, 2014

January 29, 2014

Effective Thursday, March 6, 2014 (pending SEC approval), BATS Options Exchange will update the opening process for pre-market and post-halt periods. Click on title for additional information.