BATS Trading Hires Former Dow Jones Newswires Assistant Managing Editor Randy Williams.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., operator of the BATS ECN (Electronic Communications Network) A computerized, private financial trading system. Terra Nova Trading (www.terranovatrading.com) and Instinet (www.instinet.com) are examples. , announced today that former Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July assistant managing editor Randy Williams has joined the firm to lead its national communications efforts. In his role as communications specialist, Williams is responsible for public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most and other communications at BATS, a Kansas City-based firm which recently received equity investments from Credit Suisse Group, Lehman Brothers, Lime Brokerage LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Morgan Stanley. Previous investors include Wedbush Inc. and Getco Holdings LLC. "We're excited to have Randy at BATS as we continue to establish ourselves as the one true alternative to the duopoly Duopoly A situation in which two companies own all or nearly all of the market for a given type of product or service. Notes: This is very similar to a monopoly, where only one company dominates the market. ," said David Cummings, president and chief executive officer of BATS. "Randy's experience as a journalist and his expertise in working with the media are ideal for BATS as we look to leverage our strong success to date." Launched in January 2006, BATS recently reported a one-day record with volume of more than 152 million shares traded. BATS consistently accounts for 5%-6% of daily Nasdaq-listed market volume. Williams, 36 years old, spent the first 13 years of his career 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 , including 11 years at Dow Jones News Service, the flagship news wire run by the publisher of The Wall Street Journal and Barron's. From 1999 until his departure in 2004, he was assistant managing editor in charge of the spot news desk, a group of as many as 50 reporters and editors covering every industry in corporate financial news. During his tenure as assistant managing editor, he was responsible for hiring and developing top journalistic talent, including top reporters and editors currently with Dow Jones, the Associated Press, TheStreet.com and USA Today. While in this position, he traveled to train new hires in Beijing and Shanghai, proposed and executed changes to the way Dow Jones wrote corporate earnings stories and developed a strong mentoring program. In 2001, Williams was honored by the Dow Jones sales team with a leadership award for his efforts in working with the sales staff and for helping to coordinate Dow Jones news coverage on September 11, 2001. Williams was most recently vice president at Fleishman-Hillard in Kansas City, where he established the financial practice at the fourth-largest office in the global public relations firm's 85-office network. Previously, Williams was with the New York-based public and investor relations Investor relations The process by which the corporation communicates with its investors. firm Starkman & Associates as senior managing director. Among the firms he has counseled previously is the Chicago-based National Stock Exchange. Williams holds a degree in journalism from Lehigh University and also attended the University of Illinois at Urbana-Champaign Early years: 1867-1880 The Morrill Act of 1862 granted each state in the United States a portion of land on which to establish a major public state university, one which could teach agriculture, mechanic arts, and military training, "without excluding other scientific . He played football at both schools. About BATS Trading BATS Trading Inc., Kansas City, Mo., launched its platform in January 2006 in response to rapid consolidation in the ECN space. Founded by David Cummings, the owner of liquidity provider Tradebot Systems Inc., BATS offers aggressive pricing, high-speed technology and direct connectivity to U.S. broker-dealers. For additional information about BATS Trading, Inc., please visit: http://www.BatsTrading.com. Media interested in contacting BATS Trading may reach Randy Williams at 816-285-9922 or rwilliams@batstrading.com. |
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