Facebook Twitter LinkedIn Google Plus RSS

Direct Edge and BATS complete merger

By ,

Jersey City-based stock exchange operator Direct Edge announced Monday the completion of its merger with BATS Global Markets, effective January 31, 2014.

According to the announcement, the combined company will operate under the BATS Global Markets brand and is the top U.S. exchange operator by market share for all exchange-traded funds as well as the top exchange for retail-driven liquidity. Joe Ratterman serves as CEO with William O'Brien as President.
 
The merger was first announced in August, and received early termination of the regulatory waiting period in October.

Write to the Editorial Department at editorial@njbiz.com

Leave a Comment

test

Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy

Comments

close
Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!