Bats Uses Floor Trader Trading System

I have not used bats but i have read all about dave cummings.

Bats uses floor trader trading system. Trading in the debt instruments through its bond automated trading system bats. He had to move his computers to the exchange s buildings to get an extra split second to make his systems work because there difference between 1 1000 of a. The new debt market platform bats shall allow electronic order entry and matching facility which will provide a more efficient and transparent way to trade debt market securities. Bats electronic trading technology was designed to make trading faster and easier and it has been incorporated into products on the cboe.

The better alternative trading system bats is a u s based stock exchange offering investors equities options and foreign exchange trading services. Bats global markets originally began as an alternative exchange and is now part of the cboe one of the largest exchange operators in the world. He created tradebot and makes between 30k and 150k a day trading a type of lightening fast arbitrage system where he picks up discrepencies in stock prices on the exchanges.