Reuters logo
Exchange operators BATS and Direct Edge to merge
August 26, 2013 / 1:16 PM / 4 years ago

Exchange operators BATS and Direct Edge to merge

Aug 26 (Reuters) - BATS Global Markets Inc and Direct Edge Holdings said on Monday they would merge in a deal that would create the second-largest U.S. stock exchange.

Financial terms of the transaction, which is expected to close in the first half of 2014, subject to regulatory approvals, were not announced.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below