After a snarled first attempt failed, BATS Global Markets Inc filed with regulators for an initial public offering on Wednesday, seeking $100 million in funding. BATS goes traditional route in its IPO offering On a day in which the Securities and Exchange Commission is reported to announce it is allowing a major West Coast technology company the ability to offer a new initial public offering using blockchain technilogy, BATS Global Markets, itself an electronic exchange, is having Morgan Stanley, Citigroup, BofA Merrill Lynch and J.P. Morgan underwrite the issue in a traditional fashion. Kansas City-based BATS, the second-largest U.S. equities…
Second Time A Charm: BATS To Float IPO
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.