Actant To Provide Access To Bats Options

KANSAS CITY, Mo. and CHICAGO, April 24, 2013 /PRNewswire/ -- BATS Options, a U.S. equity options market operated by BATS Global Markets (BATS), and Actant, a leading provider of trading solutions for financial firms, today announced that traders using the Actant Quote trading system now have access to the BATS Options market.

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Actant Quote, renowned for its programming flexibility, provides market makers with a state of the art quote management application where they can develop their own mass quote automation strategies without compromising on safety or performance. With access to the BATS Options market, market makers using Actant Quote can tailor their strategies to participate in the various market quality incentive programs available, while further increasing the depth and liquidity of the BATS Options market.

"Market makers using Actant Quote will benefit from the incentive programs offered on BATS Options, whilst safely quoting tight options markets on the most heavily traded underlying products," said Fraser Reid, Commercial Director. "Our mass quote automation heritage, coupled with our unique programming flexibility, gives members the potential to maximize the value offered by these incentive programs."

"We're pleased Actant is now providing its customers access to the BATS Options market," said Jeromee Johnson, vice president and head of BATS Options. "There are natural synergies to coupling our market quality incentive programs and favorable trading economics with Actant's Quote automation capabilities and we believe this combination provides many opportunities for market makers looking to tap into our market." 

BATS Options and Actant will host a joint Webinar on May 9, 2013 at 3:30-4:30 PM CDT. Additional information and registration details are available at https://www4.gotomeeting.com/register/651037359.

For more information, members can contact the BATS Trade Desk (913.815.7001, [email protected]) or their sales account manager.

About BATS Global Markets, Inc.
BATS Global Markets, Inc. (BATS) is a leading operator of securities markets in the U.S. and Europe, operating two stock exchanges in the U.S., the BATS BZX Exchange and BYX Exchange; BATS Options, a U.S. equity options market; and BATS Chi-X Europe, which operates a FCA-authorized multilateral trading facility. BATS' innovative and proprietary technology was developed by a dedicated core team, catering to the needs of the trading community. The company is headquartered in the Kansas City, Mo. area, with additional offices in New York and London. For more information, visit www.bats.com.

About Actant Inc
Actant is a leading provider of trading solutions for financial firms trading on the world's major options, futures and stock exchanges. Leveraging 20 years of experience, Actant delivers unequalled programming flexibility and control to proprietary trading firms, market making firms, investment banks and hedge funds. Designed for both exchange members and non-members, Actant software is fully customizable and scalable to meet individual strategy, connectivity, deployment and integration needs. For more information, contact us at [email protected] or visit www.actant.com.

SOURCE BATS Global Markets