JERSEY CITY, N.J.--(BUSINESS WIRE)--
Direct Edge, a BATS Global Markets Company, today announced that its
EdgeBook Depth data feed, which provides full depth-of-book order
information from Direct Edge’s EDGA and EDGX exchanges, is now available
on the Bloomberg Professional® service to subscribers of
real-time U.S. Level 1 market data. BATS Global Markets’ BZX exchange
data is already available to Bloomberg users.
EDGA and EDGX together serve as the transaction venue for more than 10
percent1 of U.S. cash equities trading and comprise the top
exchange destination for retail order flow from the largest discount
"This is a major milestone, as it will greatly increase the visibility
of BATS Global Markets’ and the EDGX and EDGA exchanges’ liquidity,
giving Bloomberg subscribers more transparency into the equities
marketplace,” said BATS Global Markets President William O’Brien. "EDGX
is the leading exchange destination for retail brokerage order flow and
we provide a diverse marketplace for a range of liquidity providers.
Providing this feed to the Bloomberg Professional service will bring
full depth-of-book information for EDGA and EDGX exchanges to a global
community of institutional investors.”
Bloomberg’s equity market data and analytics give institutional
investors timely and relevant information about global, economic and
industry trends so they can identify market opportunities, implement
trade ideas, as well as monitor and measure portfolio performance. The
incorporation of EdgeBook Depth data on the Bloomberg Professional
service will enable institutional investors to see a broader and more
transparent view of market depth for U.S. equities.
Bloomberg's Enterprise Solutions clients can also access EdgeBook Depth
data through B-PIPE service, Bloomberg's normalized and cost-effective
consolidated real-time market data feed. Bloomberg B-PIPE service
delivers Bloomberg's proprietary data, as well as real-time data from
more than 200 global exchanges and 2,500 contributors, to front, middle
and back-office professionals and applications.
EdgeBook Depth data for any U.S. exchange listed security is available
to Bloomberg Professional service users who already subscribe to
real-time U.S. Level 1 market data at no additional cost. Please visit www.directedge.com
or BTDE on the Bloomberg Professional service for more information.
About BATS Global Markets, Inc.
BATS Global Markets, Inc. is a leading global operator of securities
markets, committed to Making Markets Better for traders, investors and
issuers. In the U.S., BATS operates four stock exchanges – BZX, BYX,
EDGX and EDGA – and regularly ranks as the top market for ETF and
retail-driven liquidity. The company is an important listing venue for
ETFs and other structured products and also operates BATS Options, a
U.S. equity options market. In Europe, BATS operates the largest
pan-European equities exchange, offering trading and listing services
across 15 major European markets. With its world-class proprietary
technology and relentless customer focus, BATS strives to bring
efficiency, transparency and fairness to market participants. The
company is headquartered in Kansas City with offices in the New York
area and London. Further information on BATS can be found at www.bats.com
and by following us on Twitter @BATSGlobal.
Bloomberg, the global business and financial information and news
leader, gives influential decision makers a critical edge by connecting
them to a dynamic network of information, people and ideas. The
company’s strength – delivering data, news and analytics through
innovative technology, quickly and accurately - is at the core of the
Bloomberg Professional service, which provides real time financial
information to more than 320,000 subscribers globally. The Bloomberg
Professional service is owned and distributed by Bloomberg Finance L.P.
1. Based on total consolidated market share reported in the 4th Quarter
2. Based on SEC Rule 606 Reports on Routing of Customer Orders of the
top U.S. discount broker-dealers in the 4th Quarter of 2013.
BATS Global Markets, Inc.
Jim Gorman (NYC) +1 201-942-8234
Fleming (KC) +1 913-815-7193
Source: BATS Global Markets, Inc.