Nasdaq, Inc.

From CryptoMarketsWiki
Revision as of 14:52, 30 July 2018 by MattRaebel (talk | contribs)
Jump to: navigation, search

Nasdaq, Inc.
Founded Feb. 8, 1971
Headquarters New York, NY, USA
Key People Adena Friedman, CEO
Employees 4,325 employees
Products Exchange offering products covering multiple asset classes
Twitter @Nasdaq
StockTwits NDX
LinkedIn Profile
Facebook Nasdaq
Website Nasdaq Home

Bats Global Markets (formerly an acronym for Better Alternative Trading System) is a second-generation electronic communication network (ECN) founded in June 2005 by David Cummings, the owner of Tradebot Systems in Kansas City.[1][2] It was acquired by Cboe in 2017.[3]

Bats Global Markets operates 11 markets globally. Its two U.S. stock exchanges, the BZX Exchange and the BYX Exchange, together process about 19 percent of all U.S. equity trading daily, and their European exchange, Bats Europe, processes about 22 percent of that market.[4] It also operates two U.S. options exchanges, Bats Options and EDGX Options.[5]

Cameron and Tyler Winklevoss, AKA The Winklevoss Twins, proposed to list the world's first bitcoin ETFs on the Bats BZX Exchange. Their proposal was rejected twice by the SEC, once in 2017 and again in 2018.[6][7]

To read the full article on the Bats Global Markets, click on Marketswiki.gif to open a new tab with MarketsWiki.