Bats Europe selects Fixnetix data feed technology

Source: Fixnetix

Fixnetix, a leading provider of ultra-low latency market data, has announced that Bats Holdings' European Markets division has selected Fixnetix's sub-millisecond real-time data feed technology to source equities pricing for its pan-European multilateral trading facility set to launch late October/early November.

BATS selected Fixnetix's market data feeds for BATS Europe because of their fast, resilient and proven end-to-end performance without any buffering or loss of data.

Commenting on today's announcement, Mark Hemsley, chief executive of BATS' European Markets division, said: "Securing the fastest and most accurate market data is a key requirement for BATS Europe, and we're confident that Fixnetix's European equities feeds will assist us in establishing BATS as a leading equities trading venue for the European market.

"Like BATS in the US, we are committed to Making Markets Better and are pleased to partner with a recognised low-latency leader," he said.

"Fixnetix is one of the few vendors able to deliver both proven low latency connectivity and market data without any buffering or loss of data, so we're delighted that BATS' European Markets division has chosen our direct feeds for its exciting new alternative market BATS Europe," added Hugh Hughes, Fixnetix's Chief Executive Officer. "At Fixnetix we're committed to the success of BATS Europe, and believe its decision to partner with Fixnetix is a strong endorsement of our determination to set the performance standard for end-to-end market data provision by delivering sub-millisecond performance and unrivalled reliability and performance."

Fixnetix's direct ultra low latency market data feed solutions have been designed to be fast, reliable and flexible, and feature high performance feed handler technology and full redundancy throughout the entire delivery mechanism. Fixnetix feeds integrate easily into an organisation's existing architecture or can be used in a dedicated environment to deliver proven end-to-end performance.

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