21 November 2017
visit www.response.ncr.com

Bats Exchange extends trading hours

21 May 2009  |  1928 views  |  0 Source: Bats

Bats Global Markets, an innovative global financial markets technology company, announced it will extend trading hours for Bats Exchange until 5 p.m. ET, effective Tuesday, May 26th.

The extended hour allows orders submitted to the Exchange to remain open on the BATS book until 5 p.m. The Exchange will continue to open for pre-market trading at 8 a.m. ET.

"In response to member demand, we are pleased to make the highly efficient, low latency BATS trading platform available after the core trading session," said Chris Isaacson, chief operating officer of BATS Exchange. "An extended trading session is a natural next step in expanding our service.

"We are also making significant technology upgrades to the BATS platform, which is already one of the world's most efficient and reliable, and we look forward to announcing enhancements in the coming weeks and months," he said.

To allow an open order to remain open on the BATS book until 5 p.m. ET, members should refer to the BATS Exchange FIX specification, which includes the following updates:

  • FIX Tag 59=5 (TimeInForce) for GTX (Extended Day) for orders to expire at extended hours close, 5 p.m.
  • FIX Tag 59=0 (Day) or 59=1 (GTC) for orders to expire at regular market close, 4 p.m.
  • FIX Tag 59=3 (IOC) for orders to be accepted until 5 p.m.
  • 59=6 (GTD) now allows for FIX Tag 126 (ExpireTime) setting to be specified up to 5 p.m.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.ncr.comvisit www.vasco.comvisit https://www.niceactimize.com

Top topics

Most viewed Most shared
Ripple boss predicts central bank adoption of blockchainRipple boss predicts central bank adoption...
19423 views comments | 29 tweets | 31 linkedin
AmEx partners Ripple and Santander for blockchain-enabled cross-border paymentsAmEx partners Ripple and Santander for blo...
11658 views comments | 15 tweets | 42 linkedin
UK cryptocurrency exchange startup launches debit card for spending bitcoinUK cryptocurrency exchange startup launche...
9466 views comments | 26 tweets | 38 linkedin
Barclays warns of unprecedented online fraud this ChristmasBarclays warns of unprecedented online fra...
9141 views comments | 15 tweets | 32 linkedin

Featured job

Find your next job