15 December 2017
visit www.aciworldwide.com

Bats cuts fees

30 July 2007  |  1418 views  |  0 Source: Bats Trading

Bats Trading announced price cuts for outbound routing of securities priced at less than $1, effective Aug. 1, 2007.

For all securities priced at less than $1, BATS will reduce its fees to 0.26% of the total dollar value of routed executions in those securities. The previous charge was $0.0026 per share on routed executions.

"BATS is pleased to announce this price cut in direct response to feedback from our subscribers," said Chief Executive Joe Ratterman. "This change aligns our pricing methodology for stocks priced both above and below $1. Keeping our prices aggressive is just another way that BATS is making markets better."

It remains free to add or remove liquidity from the BATS book in securities priced less than $1. BATS maintains its aggressive pricing structure for all Tape A, B and C shares priced at more than $1.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.solutions.lexisnexis.comvisit www.atos.netvisit www.aciworldwide.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
10042 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9455 views comments | 17 tweets | 36 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
6887 views comments | 19 tweets | 20 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6267 views 0 | 4 tweets | 2 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
5812 views comments | 5 tweets | 26 linkedin

Featured job

Find your next job