RedSky’s proprietary direct market access technology enables traders to electronically receive prices from multiple sources and route orders to leading market destinations, while meeting best execution requirements and managing risk.

The BATS ECN is designed to handle high-speed, high-volume, anonymous, reliable, algorithmic trading. Investors in BATS include Credit Suisse, Lehman Brothers, Lime Brokerage, and Morgan Stanley.

The addition of BATS and its deep pools of liquidity to our suite of multi-asset class trading venues offers another important strategic tool to our active clients, commented Bob Fitzsimmons, CEO of RedSky.