Digital Look to introduce new Bats indices
New market indices from Bats Europe show investors movements in real-time
Allows faster readings than standard indices that are typically delayed 15 minutes
Updated : 15:43
Digital Look has adopted the latest market indices technology in order to keep investors ahead of the game when deciding where to place their money.
Bats Europe has introduced several new European benchmark market indices, including a UK rival to the FTSE 100 called the Bats UK 100 (BUK100), which the company said are "real-time high-quality alternatives to commonly used indices whose values are often delayed by 15 minutes".
The system has launched with 18 different UK indices and adopts high quality, pan-European data which allows for better and more comparable benchmarks throughout Europe.
One of the main advantages of using Bats Indices is its transparency, the company said: "unlike some other index providers, Bats publishes the rules and calculation methodology behind its indices."
The indices will be based at a standard value of 10,000 from 31 December 2010, so it will allow the markets and various sectors to be easily compared.
Aiming to improve accessibility for investors, index licensing has been simplified and costs reduced in order to increase the distribution of Bats' data via broker and media websites.
Check out indices.batstrading.co.uk for real-time data and extra information about how it works and why it has the edge over its competitors.