Bats said on September 26 it was in sales talks with Chicago's CBOE Holdings
Bats Global Markets has migrated its last
options market to a new matching engine, marking the first
major move by the US exchange since it said it was in sales
talks with Chicago’s CBOE Holdings.
Bats, which is based in Kansas City and
New York, said late on Wednesday it completed the transition of
its BZX Options to the new technology last week, on September
Chris Isaacson, executive vice president
and global chief information officer at Bats, said: "Our next
generation matching engine encompasses all we have learned in
more than a decade of building and operating technology at the
forefront of global securities markets, and streamlines it into
an elegant platform marked by extraordinary flexibility,
performance, and resilience."
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