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Europe trails US in coping with outages

...have a smaller share of the overall market than their European counterparts, relative to the MTFs.Ken Conklin, global head of business development at BATS, says: "In a mature market like the US, if the NYSE goes down BATS still trades - even more...

BATS chooses Savvis for drive into Europe

...centre in London hosted by Savvis so that traders can "co-locate" their systems with BATS's.Ken Conklin, senior vice- president of business development at BATS, said the mere fact of physical proximity to an MTF's systems helped traders to reduce...