Mark Hemsley, CEO of Bats Europe, explained the platform is a “much-needed solution to the challenges of trading large blocks of stock in the European market.” The Bats LIS block - trading platform has expanded with the inclusion of sell - through participants JPMorgan , Credit Suisse and Bank of America Merrill Lynch . The MiFID II - compliant system , which allows traders to make and execute trades in blocks of equities without any intentions to the wider market , also posted a record in traded volume , at € 114.8 m ( $ 123.5 million ) , last week . Liquidnet , UBS , Citi and Deutsche Bank are also expected to join the platform later in the month .
The Bats LIS block - trading platform has expanded with the inclusion of sell - through participants JPMorgan , Credit Suisse and Bank of America Merrill Lynch . The MiFID II - compliant system , which allows traders to make and execute trades in blocks of equities without any intentions to the wider market , also posted a record in traded volume , at € 114.8 m ( $ 123.5 million ) , last week . Liquidnet , UBS , Citi and Deutsche Bank are also expected to join the platform later in the month .