- BATS Global Markets announced it has filed a proposal with the Securities and Exchange Commission SEC to establish a Competitive Liquidity Provider (CLP) program designed for its new U.S. primary listings business. The BATS CLP program, which is subject to regulatory approval, is a rewards-based program designed to incent market makers to increase liquidity and create tighter quoted spreads for each listing on BATS.
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From the February 01, 2012 issue of Futures Magazine • Subscribe!
