Tag: Bats Global Markets Inc (BATS:BATS)

September 07, 2016 BY Valentina Kirilova

Bats Europe introduces Minimum Acceptable Quantity feature to Periodic Auctions Book

Financial exchanges operator Bats Global Markets Inc (BATS:BATS) will further enhance its Periodic Auctions book with the introduction of a Minimum Acceptable Quantity (MAQ) feature in Q4 2016 for participants seeking to trade in larger sizes. The new feature provides participants with control over the minimum total execution size of their order, subject to regulatory approval.…

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September 06, 2016 BY LeapRate Staff

Gain Capital unit GTX hires Eduard Poltavsky from Hotspot FX for Eastern Europe sales

GTX, the institutional foreign exchange trading arm of Gain Capital Holdings Inc (NYSE:GCAP), announced today it has hired Eduard Poltavsky as Director, e-FX Sales. Poltavsky specializes in Russian ruble and other eastern European currency pairs. Before joining GTX, Poltavsky was Director of FX Sales at the Hotspot FX unit of Bats Global Markets Inc (BATS:BATS). This marks…

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September 01, 2016 BY LeapRate Staff

Hotspot FX has second slowest month since 2012, August volumes at $22.6B ADV

It looks like August was a very slow month for forex trading. Following our earlier reports about August volume declines at competitors GTX and FastMatch, institutional eFX venue Hotspot FX, a division of Bats Global Markets Inc (BATS:BATS), has reported that August 2016 volumes averaged $22.6 billion daily, down 14% from July’s $26.2 billion. The $22.6B figure is the…

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August 12, 2016 BY Valentina Kirilova

Bats announces plans to acquire Javelin Swap Execution Facility

Financial exchanges operator Bats Global Markets Inc (BATS:BATS) has announced plans to acquire Javelin SEF, LLC (Javelin), a Swap Execution Facility (SEF). The deal is intended to accelerate Bats’ plans to offer trading of non-deliverable forwards (NDFs) for the foreign exchange market. Javelin currently offers trade execution for swaps through a combination of an anonymous…

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August 11, 2016 BY Valentina Kirilova

Bats, Nasdaq and NYSE unite to strengthen U.S. Equity Markets

The three major exchange groups, financial exchanges operator Bats Global Markets Inc (BATS:BATS), Nasdaq and the New York Stock Exchange (NYSE), (collectively called ‘the exchanges’) have worked together to harmonize key functions of the U.S equity markets to increase resiliency during times of extreme volatility. In the coming weeks the exchanges will file with the Securities…

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