KANSAS CITY, Mo. & NEW YORK--(BUSINESS WIRE)--Bats Global Markets (Bats: BATS), a leading global operator of exchanges and services for financial markets, announced that its Bats One Premium market data product is now available for distribution across numerous FactSet products and platforms. FactSet, a global provider of integrated financial information, analytical applications and industry-leading service, this month became the first distribution partner to offer this new product.
Bats One Premium, launched in February 2015, features five levels of real-time quoted depth and trade information across the four Bats U.S. stock exchanges, and is geared towards the sophisticated professional investor.
“We’re excited about bringing our new, premium version of Bats One to market,” said Kevin Carrai, Vice President, Market Data and Access Services, at Bats. “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.”
The four Bats U.S. equities exchanges combine to consistently make Bats the #1 exchange operator by market share for continuous trading as well as a leading destination for exchange-traded fund (ETF) trading in the U.S.
Consistent with the Bats strategy of providing data at a lower cost to the industry, the Bats One Feed is significantly less expensive than similar products on the market. Bats One Summary Feed is 60% less expensive per professional user1, about 85% less expensive for an enterprise license for professional users, and 50% lower for an enterprise license for non-professional users. The Bats One Feed can also be used as a standalone product or as a supplement to other market data products.
For more information, please visit the Market Data – Bats One Feed section of the Bats website.
About Bats Global Markets, Inc.
Bats Global Markets, Inc., is a leading global operator of exchanges and services for financial markets, dedicated to Making Markets Better. We are the second-largest stock exchange operator in the U.S., operate the largest stock exchange and trade reporting facility in Europe, and are the #1 market globally for ETF trading. We also operate two fast-growing U.S. options exchanges. In the global foreign exchange market, we operate Hotspot. ETF.com, a leading provider of ETF news, data and analysis, is a wholly-owned subsidiary. The company is headquartered in Kansas City with offices in New York, London, Chicago, San Francisco, Singapore and Quito, Ecuador. Visit bats.com and @BatsGlobal for more information.
Forward Looking Statements
This press release includes certain disclosures which contain “forward-looking statements.” You can identify forward-looking statements because they contain words such as “believes” and “expects.” Forward-looking statements are based on Bats’ current expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements, which are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in our filings with the SEC, including our final prospectus filed pursuant to Rule 424(b) and our quarterly reports on Form 10-Q, under the caption “Risk Factors.”
Bats and its affiliates do not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. Investors should undertake their own due diligence regarding their securities and investment practices. You cannot invest directly in an index. This press release speaks only as of this date. Bats disclaims any duty to update the information herein.
1 Who are entitled to receive the competing product’s best bid and offer information for securities listed on Nasdaq, NYSE, NYSE MKT and other Tape B exchanges.