Bats on Monday won regulatory approval from the SEC to launch the new exchange
US exchange operator
Bats Global Markets has confirmed it will launch its second US
options exchange on November 2, after it won regulatory
approval from the US Securities Exchange Commission (SEC) on
The new exchange,
called EDGX Options, will be based on a pro-rata allocation
model, designed to complement its existing BZX Options market,
a price-time priority market.
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