The three multilateral trading facilities (MTFs), which have created additional liquidity pools for investors, will benefit from blue mobile's global reach across an extended user-base.

A key success factor for exchanges is their ability to distribute market data to as large an audience as possible. blue mobile's ultra low price combined with free BATS, Chi-X Europe and Turquoise data will benefit existing market participants as well as attract new entrants from across the world.

Current market volatility is driving a critical need for constant access to transparent real-time financial data. Investors of all sizes need to be continuously updated on market developments; blue mobile provides them all with affordable real-time access, whatever the size of their portfolio.

blue mobile provides professional and retail investors with the fastest, smartest way to analyse global stock market information in their offices, at home, or on the move, 24/7. It provides accurate, low-latency market data to those who depend on the financial markets and want real-time content over simple-to-use interfaces.

Sulim Malook, CEO of Blue Systems, said: "Following the introduction of the Markets in Financial Instruments Directive, BATS, Chi-X Europe and Turquoise have emerged as significant MTFs, providing new pools of liquidity. As competition among exchanges for trading volumes continues to increase, we believe we can play a pivotal role in delivering their services to a broad and valuable audience. We are delighted to be working with three such dynamic MTFs, each of which has superb technology, sound business models and offer investors diversity of choice."

Mark Hemsley, CEO of BATS Europe Markets Division, said: "We're pleased that mobile phone users will have access to quotes from the highly-efficient, low-latency BATS platform following our imminent launch. We believe our unambiguous commitment to providing free market data to the industry and to individual investors is critical in our mission to Make Markets Better."

Hirander Misra, Chief Operating Officer of Chi-X Europe, said, "Since launching some eighteen months ago, Chi-X Europe has made its market data available free of charge. We welcome all efforts to help market participants readily access market data not only from Chi-X Europe, but the other exchanges and MTFs."

Yann L'Huillier, Chief Technology Officer of Turquoise, commented: "We are very pleased to welcome Blue Systems as a data vendor. Turquoise particularly supports the provision of low cost solutions, such as blue mobile, which aids access of Turquoise data to market participants wherever they are, via their mobile, and helps establish Turquoise as a real force in European equity trading."