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Article: BATS Adds GETCO Execution Services as Dark Scan Destination.
- Article from:
- Business Wire
- Article date:
- July 31, 2008
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Copyright informationCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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KANSAS CITY, Mo. -- BATS Trading Inc., an innovative and technology leading U.S. market center, announces that GETCO Execution Services is now a destination for BATS' Dark Scan, an order type designed to integrate a broad mix of liquidity sources as well as lower access fees for BATS' subscribers.
Under the Dark Scan program, BATS routes to Dark Liquidity Partners such as GETCO Execution Services and offers a lower access fee to its subscribers. After accessing DLPs, any remaining shares are passed through the BATS book, which offers the lowest across-the-board liquidity removal rate among major market centers.
"We're proud that Dark Scan will now include GETCO ...