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Article: United States: Bats Europe Seeks to Double Market Share to 10% of Trading.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
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Byline: kusumv03
Bats Europe, a unit of the fourth- largest U.S. equity market, aims to double its market share to as much as 10 percent of European trading by the end of 2010, Chief Executive Officer Mark Hemsley said.
The alternative trading system, which started in October 2008, has more than doubled the number of members signed to its system since the start of the year, Hemsley said in an interview in his London office today. The platform has more than 90 members signed, with more than 50 being active. That compares with about 200 firms across the region counting as potential members, he added.
Bats Europe previously said it plans to break ...