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81 Results from /wholesale, "Bats Trading"

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Bats applies for exchange status

Bats Trading, the electronic alternative to Nasdaq and Nyse, has filed an application with the US Securities and Exchange Commission (SEC) to become a fully licensed securities exchange.

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BATS founder and CEO steps down as exchange status talks continue

Dave Cummings, the founder of BATS Trading, will step down as CEO on Monday to focus on his Tradebot Systems proprietary trading firm. Joe Ratterman is being promoted to president and CEO as the electronic trading firm continues informal talks with the SEC about applying for exchange status.

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Bats gets $45 million injection of funds; moves to apply for exchange status

Bats Trading, the operator of an all-electronic alternative to Nasdaq and Nyse in the US, has closed on $45 million in additional funding from one new investor and other existing investors.

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Merrill buys into Bats Trading

Merrill Lynch has become the latest Wall Street firm to invest in Missouri-based ECN operator Bats Trading. Terms of the investment were not disclosed.

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Bats takes aim at Nyse

The Bats ECN, which has captured around 10% of Nasdaq-listed shares on its low-price electronic trading platform, is now offering trading in Nyse-listed securities.

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Bats New Year sale delivers market share uplift

Steep price cuts have helped Bats ECN set a new daily volume record and claim nine per cent of Nasdaq-listed volume on the first day of trading in the New Year.

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Credit Suisse acquires minority stake in Bats Trading

Credit Suisse says it has acquired a minority stake in Missouri-based ECN operator Bats Trading. Financial terms of the deal were not disclosed.

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Morgan Stanley invests in Bats ECN

Morgan Stanley has become the second Wall Street firm in as many weeks to invest in Missouri-based ECN operator Bats Trading.

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Lehman buys minority stake in Bats ECN

US investment bank Lehman Brothers has acquired a minority stake in Missouri-based ECN operator Bats Trading. Financial details of the transaction were not disclosed.