Facts About Bats

Company name:
Bats Global Markets, Inc.
Global Headquarters:
Lenexa, Kansas
Additional offices:
London, New York, Chicago, San Francisco and Singapore
CEO:
Chris Concannon is CEO of Bats Global Markets, promoted to the position on March 31, 2015. Previous CEO Joe Ratterman is now Chairman.
Date Founded:
June 2005
Total Employees:
Bats had 286 employees worldwide at the end of 2015.
Markets in Which We Operate:
In Europe, Bats operates the largest pan-European equities exchange, offering trading and listing services across 15 major European markets. In the U.S., Bats is the second-largest equities market operating four stock exchanges – BZX, BYX, EDGX and EDGA – and regularly ranks as the top market for ETF and retail-driven liquidity. The company is an important listing venue for ETFs and other structured products and also operates two U.S. equity options markets - BZX Options and EDGX Options. Globally, Bats serves the foreign exchange (FX) market, the world's largest asset class, operating Hotspot, a leading institutional spot foreign exchange market.
Regulation:
Bats' U.S. equities and options exchanges are regulated by the Securities and Exchange Commission (SEC).
Bats Europe is regulated by the UK Financial Conduct Authority (FCA).
Volume:
In the U.S., the Bats equities exchanges handle more than 1-1.5 billion shares per day.
In Europe, Bats Europe handles approximately €10-12 billion worth of securities every day.
Hotspot's average daily notional volume in February 2016 was $32.6 billion.