BATS Hits 1 Billion Shares.Market Center Surpasses Mark as 2nd Anniversary Approaches KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo. -- BATS Trading Inc.'s ECN (Electronic Communications Network) A computerized, private financial trading system. Terra Nova Trading (www.terranovatrading.com) and Instinet (www.instinet.com) are examples. set a daily volume record Wednesday with more than 1 billion shares traded for the first time, finishing with more than 1.18 billion shares. As of 4 p.m. ET, BATS had touched roughly 11.3% of all Nasdaq-listed volume, 10.4% of Amex-listed volume and 8.0% of NYSE-listed. The company launched its trading platform Jan. 27, 2006. "This is a proud moment in BATS' history," said Chief Executive Joe Ratterman. "Less than two years ago we launched the BATS platform with expectations of becoming the leading alternative to NYSE NYSE See: New York Stock Exchange and Nasdaq and we thank our investors and subscribers for their support. "As we move towards exchange status, we will continue doing all we can to make markets better," he said. BATS previous record was 975 million shares traded, recorded yesterday. All figures are single-counted, matched plus routed. About BATS Trading BATS Trading, based in Kansas City, Mo., with additional offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , was launched in January 2006 and operates one of the fastest-growing, top-tier equity markets in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The BATS platform is developed by a core team of market and technology professionals, catering to the needs of the broker-dealer community. Included in the BATS customer base are more than 240 broker-dealers and a broad-based ownership group of Citi, Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. , Deutsche Bank, GETCO, JPMorgan, Lehman Brothers, Lime Brokerage, Morgan Stanley, Merrill Lynch and Wedbush. BATS...Making Markets Better. For more information, contact Randy Williams or visit www.batstrading.com. |
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