Posted Sep 23, 2016, 12:59 AM
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Registered User
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Join Date: Jun 2003
Location: East Lakeview, Chicago
Posts: 1,180
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Rock on little exchange, rock on. Get bigger.
CBOE Holdings looking to buy exchange operator Bats Global
Quote:
CBOE Holdings Inc. is in talks to acquire Bats Global Markets Inc., according to people familiar with the matter, just five months after the exchange operator went public in a long-awaited initial public offering.
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Buying Bats would push CBOE beyond options and related futures contracts, a niche business—albeit a profitable one for the company—compared with the areas where Bats operates. Bats is the second-biggest exchange operator in U.S. stocks, the largest in European equities and last year got into the $5.1-trillion-a-day currencies business.
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