Bats brings 'kill switch' to Europe

The move by the exchange operator comes amid growing industry concern over the perceived risks posed by highly-automated super-fast trading

Bats Chi-X Europe has become the first European equities trading platform to introduce a so-called "kill switch", amid growing concerns over the perceived risks posed by highly-automated super-fast trading.

The operator said today that firms trading on its European platform will be able to set new trading controls and limits on orders at the exchange layer.

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