Bats’ Multicast Pitch service now available via Atrium Network
Bats Exchange’s Multicast Pitch service, a real-time depth-of-book data feed, is now available via Atrium Network’s Exchange Ring, which offers dark fibre connectivity to exchanges, multilateral trading facilities and electronic communications networks.
Multicast Pitch allows Bats Exchange market data recipients to more easily redistribute the data within their own networks with up to a 50 per cent reduction in latency and 20 per cent fewer events than Bats’ TCP Pitch feed, a point-to-point depth-of-book market data feed.
Atrium Network offers connectivity to Bats Exchange for ultra low latency trading and data delivery. Customers can receive and redistribute real-time market data feeds, including Multicast Pitch, themselves or via the Atrium Network community of participants.
Emmanuel Pellé, executive director at Atrium Network, says: “Complementing Atrium Network’s continued North American expansion plans, we are delighted to add connectivity to such an important US venue enabling our clients to trade both equities and options and benefit from a single point of connectivity for the corresponding data. Our Exchange Ring connectivity helps clients to bypass any legacy connectivity technology, easily accommodate connections to venues as required and offers fast access through a simple, resilient and secure connection.”
Chris Isaacson, chief operating officer of Bats Exchange, adds: “We are pleased to work with Atrium Network to make the Bats platform available to our mutual customers. With recently upgraded system technology in the US and Europe, the imminent launch of Bats Options and a second US equities exchange in development, we continue to provide our customers with robust connectivity choices for fast, efficient access to Bats.”
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