Bats Europe Expands Reach of New UK Indices

November 16, 2016 9:29 AM EST

Bats’ Real-Time Benchmark UK Indices Now Available Via Leading Market Data Providers

LONDON--(BUSINESS WIRE)-- Bats Europe (Bats), the region’s largest stock exchange operator, today announced that data for its UK-focused indices, which were launched this summer, is available via the following leading market data providers:

           
  • Boerse Stuttgart
  • Bloomberg
  • Bloomberg PolarLake
  • FactSet
  • FE (Financial Express)
  • FIS MarketMap
  • ICE Data Services
  • IHS Markit
  • Infront
  • IRESS
  • Morningstar
  • NBTrader
  • RIMES
  • SIX Financial Information
  • Thomson Reuters
  • WFG (Digital Look)
 

In June, Bats launched its index business with the introduction of 18 UK based equity indices, covering large to small cap securities and 12 industry sectors based on FactSet’s Revere Business Industry Classification (RBICS), which has more than 1,400 granular sub-industries to enable greater accuracy and precision in the portfolio construction process. The indices are available free of charge for benchmarking purposes and to media clients and were developed in consultation with investors and index users, to offer a robust and trustworthy alternative to incumbent providers.

Mark Hemsley, CEO at Bats Europe, explained, “Since launching Bats Indices this summer, we’ve seen widespread demand for our real-time, high-quality, low cost index data that is available under our simple index licensing arrangements. We have been very pleased with the response from investors, market data providers, and media firms and we thank them for their support as we challenge the incumbent index providers in this space and bring competition to this market.”

Key facts about Bats Indices:

  • Published in real-time, not delayed like most current offerings.
  • Provide accurate index values, calculated using Bats’ high-quality market data.
  • Simplified licences, with a long-term commitment to materially reducing costs to all investors.
  • Highly correlated with comparable benchmarks that investors use every day.
  • The indices’ values and constituents are free of charge to benchmark licensees and media firms as well as private and professional users.

Additional information about Bats Indices, including real-time prices and constituent data, is available on the Bats Indices website. Those parties interested in learning more about Bats Indices or accessing the data should email [email protected].

About Bats Europe

Bats Europe is Europe’s largest equities exchange and offers trading in more than 5,500 securities across 15 major European markets, over one platform and under one rule book. In addition, Bats Europe’s leading trade reporting service, BXTR, now reports the majority of OTC equity market trading executed in Europe.

Bats Europe is the brand name of Bats Trading Limited, an indirect wholly-owned subsidiary of Bats Global Markets and Recognised Investment Exchange regulated by the Financial Conduct Authority.

About Bats Global Markets, Inc.

Bats Global Markets, Inc., is a leading global operator of exchanges and services for financial markets, dedicated to Making Markets Better. We are the second-largest stock exchange operator in the U.S., operate the largest stock exchange and trade reporting facility in Europe, and are the #1 market globally for ETF trading. We also operate two fast-growing U.S. options exchanges. In the global foreign exchange market, we operate Hotspot. ETF.com, a leading provider of ETF news, data and analysis, is a wholly-owned subsidiary. The company is headquartered in Kansas City with offices in New York, London, Chicago, San Francisco, Singapore and Quito, Ecuador. Visit bats.com and @BatsGlobal for more information.

Forward Looking Statements

This press release includes certain disclosures which contain “forward-looking statements.” You can identify forward-looking statements because they contain words such as “believes” and “expects.” Forward-looking statements are based on Bats’ current expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements, which are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in our filings with the SEC, including our final prospectus filed pursuant to Rule 424(b) and our quarterly reports on Form 10-Q, under the caption “Risk Factors.”

Bats Global Markets, Inc.
MEDIA
Stacie Fleming, +44.20.7012.8950
London
or
Hannah Randall, +646.856.8809
New York
or
Randy Williams, +1.212.378.8522
New York
[email protected]
or
INVESTORS
Mark Marriott, +1.913.815.7132
Kansas City
[email protected]

Source: Bats Global Markets, Inc.



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