Presentation - BATS Exchange

BATS Global Markets
Customer Integration Call
February 20, 2014
Agenda and Speakers
•
Comments from BATS CEO Joe Ratterman
•
Comments from BATS President William O’Brien
•
Presentation by BATS EVP, Global CIO Chris Isaacson
– Data Center Strategy
– Timeline
•
Comments from BATS EVP, Head of U.S. Markets Bryan Harkins
•
Question & Answer Session
2
The New BATS Global Markets
•
BATS, Direct Edge consolidating under BATS Global Markets brand
•
No significant technology or operational changes in 2014
•
Among the members of the combined executive team:
– William O’Brien, President
– Chris Isaacson EVP, Global CIO
– Bryan Harkins EVP, Head of U.S. Markets
•
Integration of the companies is our primary U.S. focus
3
Data Center Strategy
Key Objectives:
•
Consolidate into one primary data center (NY5) and disaster recovery data
center (CH4)
•
Reduce customer infrastructure costs providing long-term price certainty
•
Facilitate a seamless technical and operational integration for customers
•
Provide customers site flexibility without affecting trading experience
4
Data Center Strategy
Key Outcomes:
•
All BATS/DE exchanges operate from current sites throughout 2014
•
EDGA and EDGX migrate to NY5 in January 2015
•
BZX, BYX, and BATS Options migrate to NY5 in 2Q2015
•
Discounted “BATS Customer Pricing” at NY5 when ordering space, power, or
other services in NY5
– Pricing in effect for the life of the data center contract
– Provides cost certainty for customers who choose NY5
•
Maintain a network PoP in NY4 and NJ2 indefinitely to preserve current
Member connections
•
BATS will engineer equal latency to its exchanges at NY5 from equipment
located either at NY4 or NY5
5
Data Center Strategy
Why NY5?
•
State-of-the-art data center in the broader Equinix Secaucus, N.J.,
campus
•
More space availability for BATS to grow with customers for years to
come
•
Customers realize cost savings and certainty building the NY5 ecosystem
•
Strong customer feedback for site consolidation and assistance in
lowering the telco tax
6
Technical Integration
4Q13: Secure
Data Centers
1Q14: Build
Certification &
Publish
Integration
Strategy
2Q14: Build
Production &
Update
Technical
Specifications
3Q14:
Complete
Software
Coding &
Begin
Production
Connectivity
Testing
4Q14:
Member &
Industry
Production
Environment
Testing
January
2015:
EDGA/EDGX
Go-live on
BATS
Technology in
NY5
2Q15: BZX,
BYX, Options
Move to NY5
7
Summary
•
Integration of the companies is our primary U.S. focus
•
No significant technology or operational changes in 2014
•
All exchanges will move to Equinix’s NY5 data center by 2Q15
•
BATS has established discounted customer pricing at NY5
•
Please refer to http://www.bats.com/edgeintegration for updates
8
Questions
Your feedback is critical to ensuring we are implementing the right
solutions to meet your needs.
Service
BATS Global Markets
Direct Edge
Sales Team
[email protected]
[email protected]
866.472.5267
866.472.5267
[email protected]
[email protected]
913.815.7001
201.942.8220
[email protected]
[email protected]
913.815.7002
201.942.8220, option #3
913.815.7000
201.942.8200
Trade Desk
Member Services
Main Line
9

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