KANSAS CITY, Mo., April 6, 2011 /PRNewswire/ -- BATS Global Markets, a global stock market operator, today announced the availability of its Multicast PITCH real-time depth of book data feed for the BATS Exchanges via GuavaTech's Ultra-Low Latency exchange connectivity technology.
Members of the BATS BZX Exchange and BYX Exchange can connect to the BATS trading platform and Multicast PITCH feed via the GuavaTech Ultra-Low Latency network.
"We are excited to enable our clients access to the BATS Multicast PITCH data feed for their equities markets via our Ultra-Low-Latency connection," said Michael Pappas, Senior Vice President at GuavaTech. "Providing swift, reliable and efficient access to market leaders such as BATS, which accounts for 11% of U.S. equities trading on any given day, ensures our clients have the tools they need to succeed in today's competitive marketplace."
The BATS Multicast PITCH data feed provides real-time depth of book quotations and execution information and is just one of the free market data feeds offered by BATS.
"Furthering our commitment to an open connectivity model, we are pleased to welcome GuavaTech as a connectivity provider of the BATS Exchange's Multicast PITCH data feed," said Chris Isaacson, chief operating officer of BATS Exchange. "Through GuavaTech's low latency connectivity, users have immediate and efficient access to BATS market data."
For more information, members can contact the BATS Trade Desk (913.815.7001, [email protected]) or their sales account manager.
BATS Global Markets (BATS) is a global financial markets technology company headquartered in the Kansas City, Mo., area with additional offices in New York and London. Founded in June 2005, BATS operates two stock exchanges in the U.S., the BZX Exchange and BYX Exchange; BATS Options, a U.S. equity options market; and BATS Europe, an FSA-authorised multilateral trading facility in Europe. The BATS technology platform is internally developed by a dedicated core team of market and technology professionals, catering to the needs of the broker-dealer and trading community. BATS ... Making Markets Better.
GuavaTech, Inc. is a Managed Service Provider focused on customized IT solutions for proprietary trading firms, Investment Banks, Hedge Funds, Broker/Dealers and FCMs. GuavaTech provides a highly secure and resilient, Ultra-Low Latency trading infrastructure that encompasses networks, collocation hosting services, Exchange/ECN/Liquidity Pool access, ISV facilitation as well as management, support and monitoring throughout the US, Europe and Asia.
SOURCE BATS Global Markets