The BATS Multicast Latency Feed, which will be available to BATS BZX and BYX Exchange members, provides latency statistics and allows members to monitor Matching Engine unit level performance statistics, including Order-to-Quote latency.
The feed utilizes a low-latency, low-bandwidth multicast format for optimal performance, said BATS.
BATS Exchanges COO Chris Isaacson said they are pleased to add the BATS Multicast Latency Feed to their growing suite of data products for their US equities exchanges.
"We look forward to also offering it to our European and U.S. Options customers later this year," Isaacson added.
