Interactive Data, a financial market data and analytics provider, now offers real-time last sale and quote data for all US securities traded on BATS Trading (BATS), operator of the third-largest US equity market, through its Real-Time Services business.
The BATS data is delivered to Interactive Data’s clients via PlusFeedSM, the company’s consolidated low-latency digital datafeed, designed to power algorithmic and electronic trading applications.
Interactive Data’s managed solutions business also offers a new ECN (electronic communications network) package to provide BATS data on its Market Data Gateway. This open platform enables the aggregation and normalisation of financial market data from a variety of sources. Clients can retrieve BATS data via PrimePortal, Interactive Data’s solution for customised web-based applications that provides visualisation and analysis of real-time and delayed financial data, and via PrimeTerminal, a customisable financial terminal.
Clients who utilise PrimeDeveloper, Interactive Data’s comprehensive development services package, can obtain the ECN package via several application programming interfaces.
“Interactive Data continues to see significant increases in trade volumes as we connect to emerging exchanges such as BATS,” said Jay Kilberg, managing director, Interactive Data Real-Time Services. “Our ability to respond by delivering low-latency real-time BATS data coverage via PlusFeed, and through the market data platform of our managed solutions business, underscores our commitment to providing our clients with timely access to the most relevant market centres as the securities industry landscape continues to evolve and change,” he said.
"We are pleased with Interactive Data’s commitment to providing real-time market data by using BATS’ full depth of book, including bids and asks at all price levels,” said Joe Ratterman, CEO, BATS. “The BATS data feed includes critical real-time data elements which can help Interactive Data’s clients to obtain a more comprehensive reference price for their securities.”