BATS news from FierceFinanceIT

The mainstream media has picked up on some pretty arcane market structure issues as of late, especially the New York Times. The latest: The Grey Lady--does anyone call it that anymore?--offered an... Read more...

Recall that there was a day not so long ago when people were really optimistic about Turquoise. The MTF facility grabbed a lot of headlines and it did manage to steal about 7 percent market share,... Read more...

Lots of stock markets offer two platforms. The obvious example is the NYSE Euronext, which operates its NYSE Arca alongside its NYSE Hybrid Market. The Nasdaq OMX operates the main Nasdaq market and... Read more...

As expected, the SEC has proposed a ban on flash orders, a practice that had already been disavowed by BATS and Nasdaq OMX. DirectEdge, which had been a pioneer of sorts, seemed determined to stick... Read more...

So, which exchange offers the lowest latency trades? It's a good question, one that has bragging rights on the line. The Nasdaq has staked its claim: It has announced that it can process orders in... Read more...

Does it have to be either/or when it comes to flash orders? In the immediate aftermath of the flash order brou-ha-ha, BATS and the Nasdaq OMX both decided to end the practice by Sept. 1. But Traders... Read more...

We've noted before that winning the trading game on Wall Street depends on your ability to win the technology arms race. You've got to develop faster, more powerful methods constantly, or risk being... Read more...

The SEC is expected to make a decision near the end of October about whether to extend a pilot program in penny trades to more options. We've noted before that the options market is trending the same... Read more...

Here's a sign of the times: NYSE Euronext and BATS are fighting over 500 milliseconds. That's the additional time that an order will be shown to some customers of BATS' new Bolt service. Bolt, which... Read more...

The talk lately has been that not all alternative trading systems will be able to survive in Europe. There may not be enough volume to go around. Some are questioning the value of MiFID, in general,... Read more...