BZX Options Exchange Successfully Migrated to BATS Newest Matching Engine
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BZX Options Exchange Successfully Migrated to BATS Newest Matching Engine
Bats Global Markets, Inc. (Bats: BATS), the Lenexa-based operator of the US’ second-largest stock exchange, today announced that it has successfully migrated BATS BZX Options to the group’s latest proprietary matching engine.
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BZX Options will leverage BATS’ state-of-the-art technology, including customer connectivity, messaging protocols, quotation and execution engine, order router, data feeds and infrastructure. This approach will minimize the technology effort required for existing exchange members to begin trading on BZX Options.
Launched in February 2010, BZX Options is a pure price-time priority market with a maker-taker pricing model ... (read more)
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