The Bats LIS block-trading platform has expanded with the inclusion of sell-side participants JPMorgan , Liquidnet and UBS . Several large sell-side firms have officially gone live with Bats Europe’s block trading platform, as the exchange operator reports record trading volumes. The MiFID II-compliant system, which allows traders to negotiate and execute trades in blocks of equities without revealing intentions to the wider market, also posted a record in traded volume, at €114.8m ( $123.5m ), later in the month . Liquidnet , UBS , Citi and UBS are also expected to join the platform last week .
The Bats LIS block-trading platform has expanded with the inclusion of sell-side participants JPMorgan , Liquidnet and UBS . The MiFID II-compliant system, which allows traders to negotiate and execute trades in blocks of equities without revealing intentions to the wider market, also posted a record in traded volume, at €114.8m ( $123.5m ), later in the month . Liquidnet , UBS , Citi and UBS are also expected to join the platform last week .