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BATS Provides AOL Money & Finance with Free Real-Time Market Data.


Innovative Market Center Connects with Leading Financial Web Site, Continues Push To Lower Market Data Costs for All Participants

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., an innovative and technology leading U.S. market center, announces its real-time U.S. market data is now available free of charge on AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services.  Money & Finance, http://money.aol.com, one of the leading financial sites on the Web with over 15.2 million unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions.  each month.(*)

AOL will initially offer free last-trade data from BATS with plans to incorporate free real-time bid/ask quotes and BATS' full depth of order book later in 2008. Since its inception in January 2006, BATS has never charged participants for the receipt of its market data.

"This agreement with AOL, one of the most respected names on the Web, further validates the quality of the BATS market data product suite and is indicative of the strong demand from internet users for real-time market data," said BATS Chief Executive Joe Ratterman. "We are pleased to partner with AOL to provide vital price discovery information for their users."

"With the integration of free real-time quotes, AOL Money & Finance is providing the most current and relevant information for both NYSE- and Nasdaq-listed stocks and helping to level the playing field between individual investors and Wall Street," said Marty Moe, AOL senior vice president, Money & Finance, Weblogs, News, Sports and KOL KOL Kings of Leon (UK band)
KoL Kingdom of Loathing (online game)
KOL Key Opinion Leaders
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KOL Kiss on Lips
KOL Key Objects Library
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. "Real-time market data from BATS, coupled with our real-time news feeds with over 3,000 news sources powered by Relegence, ensures that our investors have, free of charge, the most up-to-date and comprehensive information affecting their investments."

The data will also be available on select mobile phones, via a link through the AOL Money & Finance full quotes page. Full mobile integrations for other mobile devices will be coming later this summer.

BATS, which filed for exchange status in November 2007 and successfully completed the formal public comment period, is awaiting approval from the Securities and Exchange Commission so it can begin operations as a national securities exchange in 2008.

(*) comScore MediaMetrix, May 2008

About BATS Trading

BATS Trading, based in Kansas City, Mo., 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
 , 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.  with plans for a Europe launch in 2008 through its London-based affiliate. 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 310 subscribers and a broad-based ownership group including affiliates of Citi, Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. , Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank , GETCO, JPMorgan, Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. , Lime Brokerage, Morgan Stanley, Merrill Lynch, Tradebot and Wedbush. BATS O Making Markets Better.
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Publication:Business Wire
Date:Jul 10, 2008
Words:453
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