BATS Europe Announces Nomura as First Live Sponsoring Participant.Nomura Clients Now Able to Connect Directly to the Ultra-Fast BATS Europe Market via Sponsored Access LONDON & 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 Europe, an innovative, wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of BATS Global Markets, and Nomura, the global investment bank, today announced that Nomura is providing its clients with direct access to the BATS Europe platform. With its sponsored access service, BATS Europe provides sponsoring participants, such as Nomura, with sophisticated risk management features, including the ability to set various constraints on orders for pre-trade protection and to receive real-time information of their clients' order and trade activity on the BATS Europe Multilateral mul·ti·lat·er·al adj. 1. Having many sides. 2. Involving more than two nations or parties: multilateral trade agreements. Trading Facility (MTF (1) (Modulation Transfer Function) A measurement of monitor sharpness. MTF compares the contrast ratio between alternating black and green lines that are one pixel thick. ). "We are delighted that Nomura has connected to BATS Europe as our first sponsored access broker and we look forward to earning order flow from their clients," said Paul O'Donnell, COO of BATS Europe. "Sponsored access is in high demand and we will continue to aggressively connect key market players to BATS Europe's growing pool of liquidity. As BATS Europe's one-year anniversary approaches, we remain committed to Making Markets Better with our world-class, low latency Low latency allows human-unnoticeable delays between an input being processed and the corresponding output providing real time characteristics. This can be especially important for internet connections utilizing services such as online gaming and VOIP - VOIP is not as important as platform that meets the needs of a diverse participant base." "We are proud to be the first broker to offer sponsored access to our clients via BATS Europe," said Jeff Zorek, Global Co-Head of Prime Product Management at Nomura. "This initiative is part of Nomura's strategy of providing our clients with ultra low latency access to all major pools of liquidity in a technically intelligent manner. Our long-term ambition as a trading house and an investment bank is to be the number one global liquidity provider by 2011 and we see this as an important milestone towards that goal." BATS Europe currently executes approximately 8% of trading in the FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. 100 and 4% of pan-European trading in all major indices. Sponsored access connectivity is available via proximity hosting with BATS Europe's systems or via remote access. The BATS Europe sponsored access specification is available for viewing today at: http://www.batstrading.co.uk/resources/participant_resources/BATSEuro_Sponsored_Access_Spec.pdf. Firms interested in sponsored access participation should contact the BATS Europe Participant Services team (+44 207 012 8902, ParticipantServicesEurope@batstrading.com) or their sales account manager. About BATS BATS Global Markets (BATS) is an innovative global financial markets technology company headquartered in the Kansas City, Mo., area with additional offices in 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 and London. The BATS platform was launched in January 2006 and, operating as BATS Exchange, Inc., is 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. . BATS serves the European market through its London based, FSA-authorised subsidiary, BATS Europe, which operates a Multilateral Trading Facility for European securities, and expects to launch BATS Options in the US in early 2010. The BATS platform is internally developed by a dedicated core team of market and technology professionals, catering to the needs of the broker-dealer and trading community. BATS O Making Markets Better. About Nomura Nomura is a leading financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. group and the preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , London, and New York, Nomura employs about 26,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through five business divisions: retail, global markets, investment banking, merchant banking, and asset management. For further information about Nomura, please visit www.nomura.com. |
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