About Bats Options
Bats Options was founded in February 2010 and consists of two all-electronic markets — BZX Options and EDGX Options — both powered by a proprietary technology platform developed by the Bats team.
BZX Options is a pure price-time priority platform that offers penny executions in all options regardless of premium or class; EDGX Options is based on a customer priority/pro rata allocation model. All multiply-listed equity options available for trading in the U.S. are available for trading on Bats Options. Bats Options also offers singly-listed options that are not available on other options exchanges on many different underlyings.
Bats Options is a division of Bats Global Markets, which was acquired by CBOE on February 28, 2017. By joining the CBOE family, we’re bringing together the industry’s creator with Bats’ market-leading technology to provide the best in options trading, education, innovation and products. Learn more about the CBOE acquisition of Bats here. For information about CBOE and C2, please visit cboe.com.