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Securities and derivatives market operator BATS Europe has completed the move of its matching engine and infrastructure to an Equinix data center near London.

 

BATS said it will also launch a new order entry system out of Equinix's LD4 campus in Slough in early November. The system, called Binary Order Entry, offers access to the full suite of BATS Europe order types.

 

Mark Hemsley, BATS Europe CEO, said the data center migration was seamless and many customers were already taking advantage of LD4s significant scale.

 

“With the migration now complete, we aim to provide premier one-stop access to liquidity with the highest levels of resilience and the lowest possible latency through continuous technological upgrades and new offerings such as Binary Order Entry,” Hemsley said.

 

Russell Poole, general manager of Equinix UK, said more than 20% of all European equities trade originates from LD4, which put it in a great position “to support the rapid growth of BATS Europe's trading platform. Equinix and BATS initially announced the hosting agreement in July.

 

Equinix said then that BATS would complement the existing financial ecosystem at LD4, consisting of equities, foreign exchange and fixed income trading venues. “The presence of this significant trading venue will also increase market opportun