Competition Commission Provisionally Clears Bats Acquisition of Chi-X Europe

The UK Competition Commission has provisionally approved the acquisition of Chi-X Europe by Bats Global Markets. The Commission reviewed the transaction and provisionally concluded the deal wouldn’t result in a substantial decrease in competition.

Joe Ratterman, chairman and CEO of Bats Global Markets, says Bats is pleased with the Competition Commission's provisional findings, which if reflected in the final report, would clear the way for the creation of an even stronger competitor to Europe's

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