Bats Prepares for Post-OSI Options Launch

This will allow the changes introduced by the Options Clearing Corp.'s (OCC's) Options Symbology Initiative (OSI) to take hold and to correct any discrepancies, according to Jeromee Johnson, vice president of market development at Bats. "Industry-wide testing [of OSI] a couple weekends ago went poorly, so based on member feedback after that testing, we thought it made sense to give people a little breathing room after that cut-over and get through February [options] expiration before we started

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