Friday, March 09, 2007

Bats

With spring training well underway, what better time to bring up bats?

From the Buffalo News:

"Bats Trading, an upstart electronic trading system hundreds of miles away in Kansas City, said it handled the volatility with none of the glitches that others did.

Bats has quickly become the third-largest stock trader by volume, trailing only the NYSE and Nasdaq Stock Market, thanks to its technology and aggressive pricing. And with new Securities and Exchange Commission regulations designed to ensure that trades are routed to the market that offers the best price, Bats is poised to pull more business away from the NYSE and Nasdaq."

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