SEC Approves Bats’ Liquidity Provider Program

joe-ratterman
Joe Ratterman, BATS

Bats Global Markets has received approval from the US Securities and Exchange Commission (SEC) to implement its new Competitive Liquidity Provider (CLP) program.

"As we grow our listings business, we're creating new and unique ways to make the markets better for today's issuer and enhance competition in the exchange listings business," says Joe Ratterman, chairman and CEO of Bats Global Markets. "Our Competitive Liquidity Provider program is designed to help improve market quality for issuers

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