BATS Chi-X Europe, the pan-European recognised investment exchange, is in the process of on-boarding customers to BXTR, a suite of on- and off-exchange trade reporting services.
With all functions fully operational, the BXTR pan-European trade reporting service has captured significant market share since its launch earlier this month.
Mark Hemsley, chief executive of BATS Chi-X Europe, says: "We are encouraged greatly by the initial participation in BXTR, as customers realise the benefit of our comprehensive, pan-European reporting services. We appreciate the support of our initial participants and look forward to working together as an industry to improve and consolidate reporting requirements for the entire European trading community."
The following firms are in the process of joining the BXTR service:
• Citigroup
• Credit Suisse
• JPMorgan
• Morgan Stanley
• UBS