BATS Redesigns Logo, Drops Chi X from European Exchange

BATS Chi-X Europe has changed its name, dropping the Chi-X component from its title. The group is now known as Bats Europe and will be sport a new logo in tandem with its name change, according to a Bats statement.

The new change only affects Bats Europe, with its existing Bats BXE Order Book, the Bats CXE Order Book and BXTR maintaining their current names. In other news, the parent group BATS Global Markets, Inc, the entity overseeing several key stock exchanges and groups in the US, has undergone a slight alteration to Bats Global Markets.

Despite the name changes, Hotspot will retain its current designation. To accompany the name changes, Bats has also rolled out a new logo to correspond to its business. All the changes are effective immediately.

Bats made headlines earlier this month after it released its aggregated trading volumes for the month ending January 2016 a little over one week prior. In this report, the group saw notable performances across its US and European Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term-traded-funds (ETF) business, after becoming the top listing venue with 85% of US ETFs.