August 12, 2016 BY Valentina Kirilova

Bats announces plans to acquire Javelin Swap Execution Facility

Financial exchanges operator Bats Global Markets Inc (BATS:BATS) has announced plans to acquire Javelin SEF, LLC (Javelin), a Swap Execution Facility (SEF). The deal is intended to accelerate Bats’ plans to offer trading of non-deliverable forwards (NDFs) for the foreign exchange market. Javelin currently offers trade execution for swaps through a combination of an anonymous…

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