Bats Europe Expands Reach of New UK Indices 

Bats Europe (Bats), the region’s largest stock exchange operator, today announced that data for its UK-focused indices, which were launched this summer, is available via the following leading market data providers:

• Boerse Stuttgart
• Bloomberg
• Bloomberg PolarLake
• FactSet
• FE (Financial Express)
• FIS MarketMap
• ICE Data Services
• IHS Markit
• Infront
• IRESS
• Morningstar
• NBTrader
• RIMES
• SIX Financial Information
• Thomson Reuters
• WFG (Digital Look)

In June, Bats launched its index business with the introduction of 18 UK based equity indices, covering large to small cap securities and 12 industry sectors based on FactSet’s Revere Business Industry Classification (RBICS), which has more than 1,400 granular sub-industries to enable greater accuracy and precision in the portfolio construction process. The indices are available free of charge for benchmarking purposes and to media clients and were developed in consultation with investors and index users, to offer a robust and trustworthy alternative to incumbent providers.

Mark Hemsley, CEO at Bats Europe, explained, “Since launching Bats Indices this summer, we’ve seen widespread demand for our real-time, high-quality, low cost index data that is available under our simple index licensing arrangements. We have been very pleased with the response from investors, market data providers, and media firms and we thank them for their support as we challenge the incumbent index providers in this space and bring competition to this market.”

Key facts about Bats Indices:

• Published in real-time, not delayed like most current offerings.
• Provide accurate index values, calculated using Bats’ high-quality market data.
• Simplified licences, with a long-term commitment to materially reducing costs to all investors.
• Highly correlated with comparable benchmarks that investors use every day.
• The indices’ values and constituents are free of charge to benchmark licensees and media firms as well as private and professional users.

Additional information about Bats Indices, including real-time prices and constituent data, is available on the Bats Indices website.

Source: Bats

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