Bats Extends Capabilities of One Premium Market Data to FactSet

by Aziz Abdel-Qader
  • FactSet has become the first distribution partner to offer this new product.
Bats Extends Capabilities of One Premium Market Data to FactSet
Bloomberg

Bats Global Markets, Inc. (Bats: BATS), the Lenexa-based operator of the US’ second-largest Stock Exchange , today announced that it has successfully extended the use of its market data offering to FactSet, a global provider of financial information and analytical applications. Bats One Premium market data product is now available for distribution across numerous FactSet products and platforms, according to a Bats statement.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong

The Bats One Premium is a market data product that provides reference quotes and trade data for market participants looking for real-time data. With one product and one license, the Bats One Premium provides a unified view of the market from all four Bats equity exchanges: BZX Exchange , BYX Exchange, EDGX Exchange and EDGA Exchange.

Bats offers two versions of its Bats One Feed - the Bats One Summary Feed and Bats One Premium Feed. Each of these feeds offers a different selection of utilities, including aggregated quotes (Best Bid and Offer) and trades (Last Sale). However, the Bats One Premium feed also provides depth information (5 levels), including size, across its BZX, BYX, EDGA, and EDGX exchanges.

Kevin Carrai, VP of Market Data and Access Services at Bats, commented: “We’re excited about bringing our new, premium version of Bats One to market. Professional investors are increasingly seeking access to more comprehensive stock market data and we are committed to finding new and unique ways to meet the industry’s needs.”

According to a Bats statement, FactSet has become the first distribution partner to offer this new product while its customers will retain the versatility of choosing from five levels of real-time quoted depth and trade information across the four Bats US exchanges. Consequently, FactSet’s clients will see widely expanded access to market data, which in the case of Bats has proven to be amongst the largest in the US.

Bats Global Markets, Inc. (Bats: BATS), the Lenexa-based operator of the US’ second-largest Stock Exchange , today announced that it has successfully extended the use of its market data offering to FactSet, a global provider of financial information and analytical applications. Bats One Premium market data product is now available for distribution across numerous FactSet products and platforms, according to a Bats statement.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong

The Bats One Premium is a market data product that provides reference quotes and trade data for market participants looking for real-time data. With one product and one license, the Bats One Premium provides a unified view of the market from all four Bats equity exchanges: BZX Exchange , BYX Exchange, EDGX Exchange and EDGA Exchange.

Bats offers two versions of its Bats One Feed - the Bats One Summary Feed and Bats One Premium Feed. Each of these feeds offers a different selection of utilities, including aggregated quotes (Best Bid and Offer) and trades (Last Sale). However, the Bats One Premium feed also provides depth information (5 levels), including size, across its BZX, BYX, EDGA, and EDGX exchanges.

Kevin Carrai, VP of Market Data and Access Services at Bats, commented: “We’re excited about bringing our new, premium version of Bats One to market. Professional investors are increasingly seeking access to more comprehensive stock market data and we are committed to finding new and unique ways to meet the industry’s needs.”

According to a Bats statement, FactSet has become the first distribution partner to offer this new product while its customers will retain the versatility of choosing from five levels of real-time quoted depth and trade information across the four Bats US exchanges. Consequently, FactSet’s clients will see widely expanded access to market data, which in the case of Bats has proven to be amongst the largest in the US.

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers
About the Author: Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers

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