20 July 2018
Visit www.gemalto.com

Lava Trading delivers DMA to BATS ECN

15 June 2006  |  2632 views  |  0 Source: Lava Trading

BATS Trading, Inc., and Lava Trading Inc., today announced that Lava will provide direct market access to the BATS ECN.

BATS is a leading technology firm that develops and operates a high volume, electronic trading platform for anonymous matching of US equity securities. Lava is a leading developer of high-performance trading solutions for the financial services industry.

With direct access to the BATS pool of liquidity, Lava clients can match trades in select NASDAQ National Market, NASDAQ Capital Market and AMEX securities. Connectivity to BATS is available through Lava's suite of fast, reliable and intelligent equities trading solutions, including ColorPalette, Lava ColorBook, Lava Trading Floor and LavaX.

"We are excited to be an order destination on Lava, a recognized leader in direct market access," said David Cummings, Chairman and CEO, BATS Trading, Inc. "Lava is the platform of choice for a large number of broker dealers, many of whom have requested that we connect to the Lava system. With Lava's extensive network and large subscriber base, we are confident we will reach many additional customers."

"We are pleased to team with BATS and provide Lava's clients with another significant source of liquidity," said Richard Korhammer, CEO, Lava Trading Inc. "With a large percentage of volume being traded away from the primary market, it is important that traders have fast, reliable access to all major liquidity pools. This partnership with BATS is in keeping with our commitment to provide a complete trading solution for an ever-changing marketplace."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit info.nice.comVisit https://secure.vasco.com

Top topics

Most viewed Most shared
Calmejane quits Lloyds Bank to join SocGenCalmejane quits Lloyds Bank to join SocGen
12226 views comments | 5 tweets | 7 linkedin
Metro Bank opens developer portalMetro Bank opens developer portal
10104 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
9818 views comments | 6 tweets | 15 linkedin
Hong Kong plans September go-live for blockchain-based trade financeHong Kong plans September go-live for bloc...
9578 views comments | 9 tweets | 17 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
9375 views 19 comments | 14 tweets | 30 linkedin

Featured job

Competitive base, double ote, benefits
New York City, NY - USA

Find your next job