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BATS To Settle Trading Case.

Authors :
Hope, Bradley
Patterson, Scott
Eaglesham, Jean
Strasburg, Jenny
Source :
Wall Street Journal - Eastern Edition. 8/6/2014, Vol. 264 Issue 31, pC1-C2. 2p. 1 Color Photograph, 1 Diagram.
Publication Year :
2014

Abstract

The article reports that exchange operator BATS Global Market Inc. is nearing a settlement with the U.S. Securities and Exchange Commission over allegations of unfair advantages having been given to high-speed traders. At issue is conduct at Direct Edge Holdings LLC, an exchange BATS combined with in 2013. In July of 2014 BATS dismissed president William O'Brien, who had previously been in charge at Direct Edge.

Details

Language :
English
ISSN :
00999660
Volume :
264
Issue :
31
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
97343327