Is BATS a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

84 people get BATS articles and Market Currents by email alert.

Get email alerts on BATS »

FOCUS | PRO | RELATED | TRANSCRIPTS | NEWS & PR

Better Alternative Trading System?
The Value Investor • Tue, Mar 27, 2012 • 2 Comments
HFT Gameplaying Derails BATS IPO Post-Hoc
Karl Denninger • Mon, Mar 26, 2012 • 4 Comments
Chart Of The Day, Flash-Crash Edition
Felix Salmon • Fri, Mar 23, 2012 • 44 Comments
IPO Preview: BATS Global Markets
IPOdesktop • Thu, Mar 22, 2012 • 5 Comments

To learn more about Seeking Alpha Pro, click here.

Why There's Less High-Frequency Trading
Felix Salmon • Mon, Oct 15, 2012 • 52 Comments
Top 10 U.S. And Global Consumer Staples ETFs
David Fry • Thu, Jun 21, 2012
Top 10 European Regional ETFs
David Fry • Mon, Jun 11, 2012 • 1 Comment
3 Lessons From The Failed BATS IPO
CFA Institute Contributors • Tue, Apr 3, 2012 • 1 Comment
Wall Street Breakfast: Must-Know News
Wall Street Breakfast • Fri, Mar 30, 2012 • 64 Comments
Why BATS Is A Black Swan Precursor And VIX A Strong Antidote
Daniel Sckolnik • Wed, Mar 28, 2012 • 6 Comments
Wall Street Breakfast: Must-Know News
Wall Street Breakfast • Mon, Mar 26, 2012 • 33 Comments
2 Market Meltdowns: BATS And TVIX
Roger Nusbaum • Sat, Mar 24, 2012 • 9 Comments
6 IPOs Planned For This Week
Renaissance Capital IPO Research • Mon, Mar 19, 2012
The IPO Buzz: An IPO Spring Prelude
IPOScoop • Mon, Mar 19, 2012
IPO Preview: 6 New IPOs Scheduled For March 19 Week
IPOdesktop • Mon, Mar 19, 2012 • 4 Comments
Wall Street Breakfast: Must-Know News
Wall Street Breakfast • Mon, Mar 19, 2012 • 29 Comments
March IPO Calendar Continues To Build
Renaissance Capital IPO Research • Fri, Mar 16, 2012

There are no Transcripts on BATS.

Jim Lowell: Investing in sinners and saints

at MarketWatch.com (May 1, 2013)
Europe Markets: Europe stocks rise as U.K. avoids recession

at MarketWatch.com (Apr 25, 2013)
London Markets: U.K. stocks rise as GDP data beat views

at MarketWatch.com (Apr 25, 2013)
London Markets: SAB Miller boosts London to 5-year high

at MarketWatch.com (Mar 11, 2013)
London Markets: Tobacco firms weigh on FTSE 100; Vodafone rallies

at MarketWatch.com (Mar 6, 2013)
London Markets: Old Mutual leads FTSE 100 to 0.7% weekly gain

at MarketWatch.com (Mar 1, 2013)
Europe Markets: Europe stocks slip on fiscal-cliff fears

at MarketWatch.com (Dec 24, 2012)
London Markets: U.K.’s FTSE 100 index ends slightly lower

at MarketWatch.com (Dec 20, 2012)
Europe Markets: Europe stocks eke out gain; ‘cliff’ optimism fades

at MarketWatch.com (Dec 20, 2012)
London Markets: Lloyds, HSBC lift U.K. stocks after upgrade

at MarketWatch.com (Dec 19, 2012)
London Markets: Tullow Oil tumbles in choppy U.K. market

at MarketWatch.com (Dec 4, 2012)
London Markets: Rolls-Royce rises in downbeat U.K. market; BP off

at MarketWatch.com (Nov 9, 2012)
London Markets: G4S leads U.K. stock lower in choppy trade

at MarketWatch.com (Nov 8, 2012)
Europe Markets: Greek woes weigh on Europe stocks in late action

at MarketWatch.com (Nov 8, 2012)
Europe Markets: Europe stocks inch higher after U.S. GDP data

at MarketWatch.com (Oct 26, 2012)
London Markets: Growth fears weigh on U.K. stocks; miners rise

at MarketWatch.com (Oct 9, 2012)
London Markets: Miners, banks weigh on U.K. stock market

at MarketWatch.com (Oct 8, 2012)
Market Extra: Big Tobacco braces for packaging ban

at MarketWatch.com (Sep 19, 2012)
London Markets: Burberry tumbles 21% as London miners retreat

at MarketWatch.com (Sep 11, 2012)
London Markets: U.K. stocks end choppy session on down note

at MarketWatch.com (Sep 10, 2012)

BATS vs. ETF Alternatives

Company Description

Currently, there's no company description for BATS.

Sector: Financial

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Tuesday, October 30, 2012, 6:15 PM Update on market plans: Stock, bond and derivatives markets will open as normal Wednesday. NYSE (NYX) reports its "building and systems" are undamaged - and a solid opening there will be vital to other electronic systems. The combination of month's end and pent-up trading demand promises a hectic day - and looking further out, maybe a jolt from complacency. (El-Erian: What to expect) 2 Comments [Financials, U.S. Economy]
Tuesday, October 30, 2012, 11:11 AM The NYSE (NYX) says it's currently expecting to open Wednesday, critical because of its role in providing key opening and closing auctions on the last day of the month. The goal: a normal 9:30-4:00 trading session. The exchange, along with Nasdaq OMX (NDAQ), BATS and Direct Edge, continues to test a backup solution that would route trading through the Arca platform if the floor can't open. 8 Comments [Financials, U.S. Economy]
Friday, March 30, 2012, 3:39 AM BATS is thinking about suspending its efforts to recruit corporate listings after last Friday's trading glitch and IPO fiasco, sources say. The move would be a major defeat for the company, which has viewed recruiting corporate listings as critical in its efforts to compete with larger rivals NYSE Euronext and Nasdaq OMX Group. Comment!
Wednesday, March 28, 2012, 6:17 AM Joe Ratterman is being removed as BATS (BATS) Chairman but gets to keep his job as CEO with the "unanimous support" of the board following the exchange's botched IPO last week. Earlier this week, BATS co-founder Dave Cummings urged the company to carry out the listing in Q2. (PR .pdf) Comment!
Tuesday, March 27, 2012, 1:33 PM Following BATS's (BATS) "horrible, ruinous Murphy’s Law-abiding fiasco" of a public offering, DealBook provides some other gems from the "IPO hall of shame." One is Vonage, which became the victim of a technical glitch on a Web site it set up to allow customers to buy shares in its 2006 listing. Comment!
Monday, March 26, 2012, 9:25 AM BATS CEO Joe Ratterman says the firm's IPO is on indefinite hold after the trading exchange had a starring role in A Nightmare on Wall Street last Friday. Comment! [Financials]
Friday, March 23, 2012, 4:04 PM BATS officially withdraws its IPO, citing "technical issues" that affected trading in its shares and others. The news caps a memorably ugly day for the trading exchange, one that started with a report of an SEC investigation and only got worse from there. 7 Comments [Financials, Breaking News]
Friday, March 23, 2012, 1:53 PM A bad day for BATS keeps getting worse. Trading in its IPO has been delayed once again; BATS, which is launching the IPO on its own exchange, blames the hold-up on a "system overload." (also) 1 Comment [Financials, On the Move]
Friday, March 23, 2012, 12:52 PM BATS is having a pretty bad PR day. After a trade on its exchange triggered a flash crash in Apple, the company temporarily halted all trading in symbols ranging from A-BFZZZ. Meanwhile, BATS' own IPO was halted after seeing (cancelled) trades go down at a price of $.04, and is now scheduled to occur at 1:20PM ET. 2 Comments [Financials, On the Move]
Friday, March 23, 2012, 11:24 AM One trade of 100 shares at $542.80 coming from the BATS exchange is being blamed for the flash crash in Apple (AAPL) earlier. It's bad luck (or a brilliant publicity stunt) for BATS which opens for trading today after its IPO. 13 Comments [Tech]
Friday, March 23, 2012, 6:10 AM The SEC is investigating whether high-frequency trading firms and exchanges collude to limit competition or manipulate markets, the WSJ reports. The probe includes the BATS (BATS) exchange, which is due to start trading today after selling 6.3M shares at $16 each in an IPO, although it's not known if the NYSE or Nasdaq are involved.
Comment! [Financials]
Monday, March 19, 2012, 6:21 AM Five companies are due to hold IPOs this week, led by marketing software provide ExactTarget, which aims to raise up to $144M on the NYSE. BATS (BATS), the U.S.'s third-largest stock exchange firm by volume, wants to attract $113M, while online retailer Vipshop hopes to overcome any skepticism about Chinese companies. Comment!

x oil -field
SA Felix Salmon:Why There's Less High-Frequency Trading. October 15, 2012 BATS NDAQ NYX http://seekingalpha.com/a/jtot
10/15/12
Reply (1)

• !Report Abuse
View all 1 replies
x oil -field: The German Stock Exchange Chooses cPacket to Monitor High Speed Trading Networks.http://bit.ly/TuLTwj BUSINESS WIRE
10/17/12
• !Report Abuse
Add a reply...

140 characters

DeepValueLover
WSJ reports MAJOR trading problems delaying FB open... BATS II
5/18/12
Reply (1)

• !Report Abuse
View all 1 replies
realornot: Vampire Bats
5/18/12
• !Report Abuse
Add a reply...

140 characters

Bret Kenwell
Haha...I'm sorry but I would laugh SOO hard if FB just ate it right here and pulled at BATS IPO.
5/18/12
Reply (5)

• !Report Abuse
View all 5 replies
mediadeveloped: Bret I'm with you ha - don't see that happening though.
5/18/12
• !Report Abuse
Bret Kenwell: MD - Me either. So much hype around it..
5/18/12
• !Report Abuse
Add a reply...

140 characters

bigfoot
$BATS CEO may have to fall on his sword over last Friday's debacle.
3/26/12
Reply (2)

• !Report Abuse
View all 2 replies
shaker33: Or perhaps taken to the guillotine.
3/26/12
• !Report Abuse
realornot: BATS are blind !
3/26/12
• !Report Abuse
Add a reply...

140 characters

Andrew Shapiro
Reuters - Fidelity Investments declined to say whether it will continue using BATS exchange after an embarrassing series of glitches Friday.
3/25/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

bdy
BATS, "Making Markets Better" That is actually their mission statement and is attached to their logo. Any comments? http://bit.ly/H20hHx
3/24/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

cgodwin
BATS
3/23/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

1980XLS-2.0
wonderfully successful IPO in BATS today, LOL
3/23/12
Reply (1)

• !Report Abuse
View all 1 replies
1980XLS-2.0: Yep, withdrawing it. At least for now.
3/23/12
• !Report Abuse
Add a reply...

140 characters

jvix
Anyone following the BATS shenanigans?
3/23/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

x oil -field
SA Felix Salmon:Why There's Less High-Frequency Trading. October 15, 2012 BATS NDAQ NYX http://seekingalpha.com/a/jtot
10/15/12
Reply (1)

• !Report Abuse
View all 1 replies
x oil -field: The German Stock Exchange Chooses cPacket to Monitor High Speed Trading Networks.http://bit.ly/TuLTwj BUSINESS WIRE
10/17/12
• !Report Abuse
Add a reply...

140 characters

DeepValueLover
WSJ reports MAJOR trading problems delaying FB open... BATS II
5/18/12
Reply (1)

• !Report Abuse
View all 1 replies
realornot: Vampire Bats
5/18/12
• !Report Abuse
Add a reply...

140 characters

Bret Kenwell
Haha...I'm sorry but I would laugh SOO hard if FB just ate it right here and pulled at BATS IPO.
5/18/12
Reply (5)

• !Report Abuse
View all 5 replies
mediadeveloped: Bret I'm with you ha - don't see that happening though.
5/18/12
• !Report Abuse
Bret Kenwell: MD - Me either. So much hype around it..
5/18/12
• !Report Abuse
Add a reply...

140 characters

bigfoot
$BATS CEO may have to fall on his sword over last Friday's debacle.
3/26/12
Reply (2)

• !Report Abuse
View all 2 replies
shaker33: Or perhaps taken to the guillotine.
3/26/12
• !Report Abuse
realornot: BATS are blind !
3/26/12
• !Report Abuse
Add a reply...

140 characters

1980XLS-2.0
wonderfully successful IPO in BATS today, LOL
3/23/12
Reply (1)

• !Report Abuse
View all 1 replies
1980XLS-2.0: Yep, withdrawing it. At least for now.
3/23/12
• !Report Abuse
Add a reply...

140 characters

BATS BATS Global Markets

BATS

BATS Global Markets