Bats Global Markets, an innovative and technology leading US stock exchange, today announced it is the first US securities exchange to provide a Web-based real-time display giving members access to detailed information about their connections to the Bats trading platform.
The new ports display also allows authorized members the capability to cancel all open orders at the port or firm level directly through the online interface. Previously, members were required to submit order cancellation requests to the BATS Exchange Trade Desk.
"We remain committed to making markets better through the creation of innovative trading tools like the member dashboard," said Chris Isaacson, chief operating officer for BATS Exchange. "The more real-time information and tools we can provide our members, the more likely they are to reap the rewards of trading on our world-class exchange platform.
"The member dashboard brings transparency to the market in an area that was previously opaque. We look forward to augmenting the member dashboard with even more real-time information in the future," he said.
Real-time information, available for ports in both the primary and secondary datacenters, includes open orders, rejects and TCP retransmission counts at the port level. Members can also view various connection details, default port attributes, graphs for various transaction statistics and counts specific to their firm. Statistics may be viewed in intervals ranging from the last five minutes up to the entire current day.