BATS Global Markets

Developer of an algorithmic trading system designed to facilitate crypto asset trades. The company's system provides traders a unified view of all cryptocurrency markets and liquidity providers, with the ability to trade on multiple exchanges in one transaction, as well as filters out the noise to show an accurate view of the market, enabling clients to retain complete control over their exchange keys and wallets.

Chi-X Global Holdings, a global operator of technologically advanced alternative market centers and a provider of innovative market level trading solutions

BIDS Trading, L.P. is a registered broker-dealer that operates an alternative trading system (ATS) designed to facilitate anonymous trading of large blocks of shares. The platform aims to connect counterparties while addressing the challenges of finding legitimate trading partners without disclosing trading intentions. By not publishing information related to the side, size, or price of trades, BIDS Trading helps users maintain their privacy and protect sensitive details about their orders. This approach allows participants to engage in transactions with greater confidentiality, enhancing the trading experience for those involved in significant share trades.

Trade Alert is a software and services company focused on the synthesis and distribution of securities market intelligence to financial professionals. Trade Alert's system architecture combines proprietary software, ultra-low latency market data and high-performance computing to notify users of market activity and order flow dynamics relevant to their business in real-time.

MATCHNow is a broker-neutral dark pool based in Toronto, Canada, specializing in providing alternative trading solutions for equities. The platform accounts for nearly 65 percent of the total market share for dark trading in Canada, offering traders access to dark liquidity in the Canadian equities market. MATCHNow is dedicated to understanding the needs of traders, ensuring an efficient and discreet trading environment.

Hanweck is a leading provider of real-time risk analytics focused on the global derivatives markets, catering to banks, broker-dealers, hedge funds, central counterparties, and exchanges. Established in 2003 and transitioning from consulting to product development in 2006, Hanweck specializes in addressing large-scale risk challenges where the number of instruments and positions can reach millions. The firm has pioneered the use of graphics processing unit (GPU) hardware accelerated computing within the equity derivatives market, positioning itself as an industry leader. Hanweck offers a range of data products and custom integrated solutions, as well as risk measurement services across various asset classes, including fixed income products and derivatives. Their risk analytics platform provides high-performance management and trading services, delivering comprehensive, real-time, and cross-asset risk analytics with flexible integration options to streamline customer risk architecture.

FT Options offers a suite of customizable, automated, and integrated applications designed for class research and analytics functionality for prop trading firms, hedge funds, and separately managed accounts that traffic in options. It is a portfolio management platform that combines risk and volatility analytics and research, providing an edge as you identify and act on profit opportunities. The company was founded in 2003 and is headquartered in Chicago.

EuroCCP is the leading CCP for pan-European equity markets providing clearing and settlement services. Following this acquisition, Euronext is now an equal shareholder in the company alongside ABN Amro Clearing Bank, Bats Europe, The Depository Trust & Clearing Corporation (DTCC) and Nasdaq.

ETF.com is a provider of comprehensive insights into exchange-traded funds (ETFs), offering a range of publications, analysis, and data to enhance investment outcomes for its clients. The company specializes in delivering independent and authoritative information about ETFs, serving both investors and financial advisors with a research tool designed for institutional-level analysis. By focusing on education and information dissemination, ETF.com aims to foster awareness and growth within the ETF community, helping clients make informed investment decisions.

Hotspot FX brings the powerful benefits of an independent, transparent ECN marketplace structure to institutional foreign exchange trading. These benefits include full depth-of-book view, centralized price discovery, direct and anonymous market access, instantaneous trading on live, streaming prices and robust real-time pricing, benchmark, and reference data. For hedge funds, commodity trading advisors (CTAs), corporate treasuries, and institutional asset managers, Hotspot FX's FX ECN model provides full market transparency and greater control of the trading process, enabling better trade execution and lower execution costs.

The company provides an electronic marketplace for investors to buy and sell U.S. stocks. It also offers connectivity and market data services, including book feeds, as well as access to last sale information and historical data for members; and trading functionality and market operations support services. In addition, the company provides liquidity aggregation tools, smart order routing strategies, attribution incentive programs, and pre-trade risk tools.

Chi-X Europe operates a pan-European multilateral trading facility. It offers trading in listed cash equity securities within 25 indices across 15 national European markets, as well as in ETFs, exchange-traded commodities, and international depositary receipts through two order books operated on a single platform.