Lenexa-based Bats Global Markets will run a second options exchange
Lenexa-based Bats Global Markets Inc. on Thursday said it filed with federal regulators to start its second options exchange.
The company operates the second-largest U.S. stock exchange, behind the New York Stock Exchange. Its stock market is made up of four separate exchanges that handle trading activity differently.
Bats’ second options exchange similarly will operate following a different market model from its existing options exchange.
“We see a big opportunity to bring our innovative technology, operating efficiency, market-leading pricing and first-class customer service to help make markets better for participants in this segment of the market,” Bats executive vice president Bryan Harkins said in an announcement.
Bats Global Markets’ operations also include exchanges in Europe and in trading currencies.
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This story was originally published April 16, 2015 at 10:18 AM with the headline "Lenexa-based Bats Global Markets will run a second options exchange."