BIDS Trading L.P., a leading block execution venue and wholly owned subsidiary of Cboe Global Markets, is a U.S. registered broker-dealer and the operator of the BIDS Alternative Trading System (ATS).* The dominant player for block volume in the U.S., BIDS uses a unique sponsored access model and introduced the market to conditional orders. Since expanding this model to European equities in 2016, BIDS has grown to become one of the largest block trading platform in Europe. With over 470 global asset managers using the BIDS Trader front end, BIDS is committed to expanding its global footprint and diversifying its product and service offerings to create a global block trading platform to serve customers worldwide. We launched Cboe BIDS Canada in February 2022, Cboe BIDS Australia in March 2023, and we are scheduled to expand the BIDS platform to Japan in late 2023.
*The BIDS ATS is not a registered national securities exchange or a facility thereof.
