21 March 2018

Bats outlines pricing for new options exchange

16 February 2010  |  1643 views  |  0 Source: Bats Exchange

Bats Exchange announces simple and aggressive pricing for the Bats Options exchange, which will launch February 26th with a rebate of $0.20 per contract for members that add liquidity while charging $0.30 per contract for removing liquidity.

The release of pricing for the recently approved US equity options exchange coincides with the launch of a new BATS Options Web site, available at batsoptions.com.

"BATS led the way in the US equities marketplace with innovative and aggressive pricing and BATS Options will continue this tradition with competitive and straightforward access fees that are the same for all members regardless of their capacity," said Joe Ratterman, CEO of BATS Global Markets and BATS Exchange.

"We are also pleased to roll out a new Web site, batsoptions.com that, similar to our US and Europe sites, will feature live market data, available free of charge, upon the launch of BATS Options on February 26th," he said.

Jeromee Johnson, BATS Exchange vice president, market development, added, "BATS Options has been well received by customers and potential customers with almost 50 firms set up in our certification environment and pushing to be live on our platform on Day One."

BATS Options is currently in general testing and will roll out with options on 18 underlying securities, including cash equities and ETFs. A complete rollout and testing schedule is available at www.batsoptions.com.


Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
www.currencycloud.comVisit www.facebook.com/business/Register your place today

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
12936 views 0 | 5 tweets | 4 linkedin
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
10722 views comments | 31 tweets | 40 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
10339 views comments | 10 tweets | 8 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
9934 views comments | 13 tweets | 31 linkedin
RBS hatches plan to create digital challenger bankRBS hatches plan to create digital challen...
9828 views comments | 12 tweets | 23 linkedin

Featured job

Six-Figure-Base, Double OTE, Benefits Package
London, UK

Find your next job