BATS Aggressively Adjusts Prices to Attract NYSE-Listed Liquidity.Encourages Participants to Trade Tape A in Fully Automated Markets KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo. -- BATS Trading Inc. will offer inverted inverted reverse in position, direction or order. inverted L block a pattern of local filtration anesthesia commonly used in laparotomy in the ox. pricing for New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Stock Exchange-listed securities in September in an aggressive move designed to encourage more Tape A trading in fully automated markets. Under the program, BATS will pay rebates of $0.0034 per share for adding liquidity to the BATS order book while charging $0.0024 for removing liquidity. The plan will be in effect until the end of September or until BATS handles 10 billion shares in Tape A securities, whichever occurs first. Standard routing charges remain unchanged at $0.0026 per share. "The U.S. markets are on the edge of a tipping point The point in time in which a technology, procedure, service or philosophy has reached critical mass and becomes mainstream. See network effect. See also tip and ring. for NYSE-listed trading," BATS Chief Executive Joe Ratterman said in a recent email announcing the pricing to subscribers and other industry participants. "We now see conditions developing in the market that fit the model of a trend that is ready to explode." Earlier this week, BATS announced its ability to quote via the ISE Ise (ē`sā), city (1990 pop. 104,164), Mie prefecture, S Honshu, Japan, on Ise Bay. It is one of the foremost religious centers of Shinto, the site of the shrines of Ise. Stock Exchange in addition to the National Stock Exchange, offering quoting redundancy and resiliency to ensure that BATS' quotes are fully and consistently available to the marketplace. Ideally, BATS will send a mix of its quotes to both the NSX NSX New Sportscar eXperimental (concept name for Acura vehicle; originally NS-X) NSX Namespace Extension (Windows Shell Programming) NSX N Syndrome NSX Network and Security Experts NSX New Sports Experimental and the ISE. BATS regularly handles more than 6% of daily U.S. equities volume, offering trading in NYSE-, Nasdaq- and Amex-listed securities. The firm launched trading in January 2006. About BATS Trading BATS Trading, based in Kansas City, Mo., with additional offices in New York, was launched in January 2006 and operates one of the fastest-growing, top-tier equity markets in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The BATS platform is developed by a core team of market and technology professionals, catering to the needs of the broker-dealer community. Included in the BATS customer base are more than 200 broker-dealers and a broad-based ownership group of Citi, Credit Suisse, GETCO, Lehman Brothers, Lime Brokerage, Morgan Stanley, Merrill Lynch and Wedbush. BATS recently recorded one-day record volume of 774 million shares. BATS ... Making Markets Better. |
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