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Bats Europe, one of the continent’s largest stock exchange operators, has agreed to license BIDS Trading LP’s technology to launch help unveil Bats (Large in Scale) LIS, a new block trading service for the broader European equity market, according to a Bats statement.
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BIDS is presently the largest block trading ATS by volume in the United States – its partnership with Bats will help extend a host of new capabilities and functionality to market participants, namely in regards to block traders. As such, Bats LIS acts ... (read more)