Fixnetix Offers Trading and Data Access to BATS Exchange in the USA

Chicago IL & London -20 October 2010

Fixnetix announced today that connectivity to BATS Exchange, one of the leading US equity exchanges, is now live and available for use for both trading and data. US-based traders will now share the same trading experience on BATS Exchange in the US as their European-based customers do on BATS Europe’s leading multi-lateral trading facility (MTF) using the Fixnetix sub 50 microsecond mesh network.

“The success of our investment banks, hedge funds and proprietary customers are driven by technology,” says Hugh Hughes, Chief Executive of Fixnetix. “We are pleased to offer trading execution and data to BATS Exchange in the US as our European customers have had on BATS Europe. This ultra low latency is allowing traders to leverage minimised implementation shortfalls and increased fill ratios.”

“Partnering with industry providers like Fixnetix to provide an open connectivity model to our high performance, low latency trading platform allows us to offer our members maximum flexibility in accessing our exchanges,” said Chris Isaacson, Chief Operating Officer of BATS Exchange. “As we continually strive towards our goal to Make Markets Better, we want to provide a trading platform that welcomes all market participants and allows them to successfully employ their unique trading strategies in an efficient manner.”

Ultra fast systems combined with focused value delivered to end customers are leaders to success.
Fixnetix and BATS Europe announced a co-location relationship in London, June 2009, whereby traders gained the ability to cross connect their trading engines to BATS Europe and at the same time have access to another 23 markets via 8 fully connected Fixnetix co-location facilities.

In less than two years, Fixnetix has continued to build its ultra-low latency global network offering and can now give access to 54 different markets across multiple asset class markets, in 24 co-location centres, whilst continuing to drive innovation for the fastest, most robust trading systems and data.

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