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BATS Exchange Begins Service Rollout

Monday, October 27, 2008 5:02:00 AM PDT | VentureDeal Staff

Kansas City, Missouri -- Global financial markets technology company Bats Holdings announced the launch of its top-tier equity market exchange.

The exchange launched on Friday with two active symbols - Aeropostale (ARO) and Arena Pharmaceuticals (ARNA).  It said it would be active in all US symbols by Thursday, November 6.

“This milestone marks a tremendous day for BATS and for our industry,” BATS CEO Joe Ratterman said. “We look forward to participating directly in the national market system while competing on a level playing field with our primary competitors, Nasdaq and the New York Stock Exchange.

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