How to sign up for Bats LIS - Sell Side
Step 1: Bats Europe Participation
Direct LIS users and Designated Brokers must be Participants of Bats Europe.
Existing Bats Participants and firms wishing to use the service through a Designated Broker, proceed to Step 2.
If your firm is not a Participant of Bats Europe but wishes to become one, please complete and sign the following two documents to become a Bats Europe Participant:
Complete and sign the documents and e-mail them to Participant Services at ParticipantServicesEurope@bats.com. Once Bats has received your application, a sales representative will contact your firm.
Step 2: LIS Documentation
Please complete the following documents based on which services you intend to support.
Direct LIS Users
A Bats Participant who is using the Service to submit IOIs and receive the corresponding trades in their own name.
A Bats Participant who has an agreement in place with a Buy Side firm to support the use of the EMS/OMS integrated IOI negotiation tools.
European Introducing Brokers
A broker dealer who wishes to offer access to the Bats LIS service to their clients using a Designated Broker’s access to CCP clearing.
Complete and sign the documents and e-mail them to Participant Services at ParticipantServicesEurope@bats.com.
Step 3: LIS Connectivity
Depending on the interaction with Bats LIS, the following should be completed/reviewed.
Direct LIS Users
- Bats LIS Certification Port Order Form
- Bats LIS Production Port Order Form
- Bats LIS Risk Management Specification (optional, available by request)
- Certification Port Order Form: Drop port
- Production Port Order Form: Drop port
- Bats LIS Risk Management Specification (required, please request from Bats)
Complete and sign the documents and e-mail them to BatsLISSupport@bats.com
The following documentation is required for FIX API development purposes. Please contact Bats for the documents listed below:
- Bats LIS Service Description
- Bats LIS FIX Specification
- Scorecard and Filters Specification
- Bats LIS Risk Management Specification
After your firm’s connection to Bats LIS has been established and the documentation is in place, you’ll be required to complete conformance testing prior to go-live.
Please contact SalesEurope@bats.com or +44 20 7012 8906 with any enquiries during the application process.