May 30, 2017 BY Valentina Kirilova

Bats announces fee overhaul of EDGA Equities Exchange

Bats, a CBOE Holdings, Inc. (NASDAQ: CBOE) company, today announced a relaunch of its EDGA Equities Exchange, in response to industry feedback and debate on exchange fee structures. The change moves EDGA from an inverted pricing model – characterized by fees to ‘add’ and rebates to ‘remove’ liquidity – to a simple, low fee model.…

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