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Kill switch becomes available to all BATS Chi-X Europe traders
All customers of BATS Chi-X Europe have gained the ability to cancel trades in case there is a software blip or a market crash, the company said in an e-mail. Previously, access to the so-called kill switch was available only to the largest clients. Recent market glitches have pressured exchanges to make such changes.
Bloomberg (tiered subscription model) (04 Dec.)
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