Actant opens access to Bats Options

Source: Actant

BATS Options, a U.S. equity options market operated by BATS Global Markets (BATS), and Actant, a leading provider of trading solutions for financial firms, today announced that traders using the Actant Quote trading system now have access to the BATS Options market.

Actant Quote, renowned for its programming flexibility, provides market makers with a state of the art quote management application where they can develop their own mass quote automation strategies without compromising on safety or performance. With access to the BATS Options market, market makers using Actant Quote can tailor their strategies to participate in the various market quality incentive programs available, while further increasing the depth and liquidity of the BATS Options market.

"Market makers using Actant Quote will benefit from the incentive programs offered on BATS Options, whilst safely quoting tight options markets on the most heavily traded underlying products," said Fraser Reid, Commercial Director. "Our mass quote automation heritage, coupled with our unique programming flexibility, gives members the potential to maximize the value offered by these incentive programs."

"We're pleased Actant is now providing its customers access to the BATS Options market," said Jeromee Johnson, vice president and head of BATS Options. "There are natural synergies to coupling our market quality incentive programs and favorable trading economics with Actant's Quote automation capabilities and we believe this combination provides many opportunities for market makers looking to tap into our market."

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