Bats Europe to Roll Out Depository Receipt Trading

Bats Europe announced plans to launch trading of depository receipts on its integrated book and dark book pending regulatory approval.

The multi-lateral trading facility said the list of depository receipts will initially consist of 50 instruments, although pricing and a launch date have yet to be determined. The firm added that the Bats Europe smart order routing service will also be made available for routing to the London Stack Exchange International Order Book and to other MTFs.

As the Senior Editor of Advanced Trading, Justin Grant plays a key role in steering the magazine's coverage of the latest issues affecting the buy-side trading community. Since joining Advanced Trading in 2010, Grant's news analysis has touched on everything from the latest ... View Full Bio