Bats receives SEC approval for client suspension rule to prohibit manipulative behavior LeapRate

February 23, 2016 BY Mike Fox

Bats receives SEC approval for client suspension rule to prohibit manipulative behavior

Bats Global Markets (Bats) received Securities and Exchange Commission approval of the Bats Client Suspension Rule, assisting the company in taking swifter action to prohibit manipulative behavior, such as spoofing and layering, on the Bats Exchanges. The Rule, which was approved February 18th, distinguishes itself by specifically addressing disruptive quoting and trading practices, such as…

February 19, 2016 BY Maria Nikolova

Bats Global Markets unveils new logo, updates to market center naming conventions

Bats Global Markets, the parent of Hotspot FX, has just unveiled its new global logo and a number of changes to the company and market center naming conventions. The company has officially changed BATS Global Markets (BATS) to Bats Global Markets (Bats), with the word Bats title-cased vs. all uppercase letters. The company has applied…

January 01, 2016 BY LeapRate Staff

Hotspot FX volumes actually rise 8% in December to $24.1 billion ADV

In what is normally a seasonally down month for FX trading volumes across both retail and institutional platforms, Hotspot FX actually saw a nice 8% MoM bump in FX trading volumes during December, averaging $24.1 billion per day versus $22.4 billion in November. However the $24.1B figure is down 13% YoY from $27.7B ADV last…

December 18, 2015 BY LeapRate Staff

BATS IPO on the way: Hotspot FX parent company tries (again) to go public

BATS is looking to raise $100 million. Its IPO filing provides some interesting insights into its Hotspot FX unit, including Hotspot Revenues and Profits.

November 18, 2015 BY Maria Nikolova

BATS says EDGX Options launched successfully

BATS Global Markets (BATS) today announced the successful launch of its second U.S. options market, EDGX Options, which was granted a regulatory approval by the U.S. Securities and Exchange Commission (SEC) in August this year. The new market, based on a customer priority/pro rata allocation model, launched on November 2, 2015, and implemented a phased rollout…

October 01, 2015 BY Maria Nikolova

Tag: BATS global markets