Kansas City, London, New York, San Francisco and Singapore
Ed Tilly is Chairman and CEO of CBOE Holdings
Bats was founded in June 2005 in Kansas City.
Bats has more than 300 employees worldwide.
Markets in Which We Operate:
In Europe, Bats operates the largest pan-European equities exchange, offering trading and listing services across 15 major European markets. In the U.S., Bats is the second-largest equities market operating four stock exchanges – BZX, BYX, EDGX and EDGA – and regularly ranks as the top market for ETF and retail-driven liquidity. The company is an important listing venue for ETFs and other structured products and also operates two U.S. equity options markets - BZX Options and EDGX Options. Globally, Bats serves the foreign exchange (FX) market, the world's largest asset class, operating Hotspot, a leading institutional spot foreign exchange market.
Bats' U.S. equities and options exchanges are regulated by the Securities and Exchange Commission (SEC).
Bats Europe is regulated by the UK Financial Conduct Authority (FCA).
In the U.S., the Bats equities exchanges handle more than 1-1.5 billion shares per day.
In Europe, Bats Europe handles approximately €8-11 billion worth of securities every day.
Hotspot's average daily notional volume in November 2016 was $30.4 billion.