Bats Trading and Lava Trading have announced that Lava will provide direct market access to Bats’ electronic trading system, ‘Bats ECN’.
With direct access to Bats liquidity pool, Lava clients can match trades in select Nasdaq National Market, Nasdaq Capital Market and Amex securities. Connectivity to Bats is available through Lava’s suite of equities trading services, including ‘ColorPalette’, ‘Lava ColorBook’, ‘Lava Trading Floor’ and ‘LavaX’.
Lava is the platform of choice for a large number of broker dealers, many of whom have requested that we connect to the Lava system. With Lava’s extensive network and large subscriber base, we are confident we will reach many additional customers, said David Cummings, chairman and CEO, Bats Trading.