Cboe Transitions Cboe C2 Options Exchange to Bats Technology

Cboe Global Markets, Inc. announced the successful migration of Cboe C2 Options Exchange (C2) to its proprietary Bats technology, marking the latest step in the company's multi-exchange, multi-year technology integration. Trading on the new technology platform opened at 8:30 a.m. CT on Monday, May 14. New and enhanced features of the platform include better order handling and functionality, expanded support for complex orders, superior risk management and execution cost tracking; enhanced market data with microsecond timestamps, new feeds and greater post-trade visibility; robust tools, like a customer web portal and latency dashboard; and improved performance with significantly decreased latency and enhanced order bandwidth. Chris Isaacson, Chief Information Officer of Cboe, said, "Though we have now completed our fourth migration in five months, we remain laser focused on our goal of moving all Cboe exchanges onto Bats technology by October 2019.”