Coveted New Status for Bats

Exchanges

"They've got a significant amount of volumes so being able to stand at the same level as the New York Stock Exchange (NYSE) and Nasdaq is a major event," says Miranda Mizen, senior consultant at the Tabb Group.

Volumes on Bats have grown steadily over the last year. The average daily volume on Bats Trading in July was 1.1 billion shares-almost double the figures for last November when Bats filed its exchange application with the SEC, when the average daily volume was 638 million shares.

Having

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