BATS Europe, a pan-European multilateral trading facility and subsidiary of BATS Global Markets, has selected QuantHouse, an independent provider of low latency trading solutions, to supply real-time feeds of market data from other European trading venues.
BATS Europe uses the data from primary listing markets and other MTFs to support its trading operations and specific order types on its marketplace, as an input for market analytics, and to support its recently launched smart order routing service.
QuantHouse’s trading solutions include low latency market data technologies, an alpha generation development framework and infrastructure trading services for systematic trading firms who want to move ahead.
Pierre-François Filet, CEO and co-founder of QuantHouse, said: “We’re extremely pleased to have BATS on board as a client, particularly because performance and data quality is something that is so essential to them.”
Paul O’Donnell, COO of BATS Europe, said: “Demand for BATS Europe market data has been driven by the addition of new users, our new smart order-routing service and our continued record trading volumes. We are pleased to provide a dual-live system with a superior quality of service to our participants by leveraging market data software technologies developed by QuantHouse.”