- BATS Global Markets priced its IPO at $19 per share, at the top of the range, valuing BATS at $1.8 billion. Selling shareholders increased offering from 11.2m to 13.3m shares, representing $253 million. BATS started trading under the ticker BATS.
- DB1-LSE merger will benefit the EU capital market union, according to DB1’s Jeffrey Tessler.
- HKEx supports the HK Investor Relations Association’s first roadshow in The Mainland for stock connect stocks.
- ICAP acquired ENSO Financial Analytics, a provider of a data analytics platform for hedge funds and prime brokers; according to Business Wire.
- SCHW 1Q16 EPS rose 32% y/y to $0.29, in line with consensus estimates. Net revenues increased 16% year-over-year to $1.76bn, in-line.
- TeraExchange and Javelin Capital Markets to sue major banks to conspire to block customers from trading IRS in their platforms; according to Reuters.
- ESMA will stress-test derivatives clearinghouses, and results will be published on April 29, according to Reuters.
- FED and Treasury officials told senators that Dodd-Frank act is not responsible for Fixed Income market stress. Reported by Market Watch.
BATS prices IPO at $19 per share, valuing it at $1.8 billion
April 15, 2016 11:49 AM
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