BATS Global Markets announced that it completed the previously announced acquisition of Hotspot FX, officially inserting itself into the $5.3 trillion global foreign exchange market.
The $365 million transaction was first announced Jan. 28. The company received Hart-Scott-Rodino clearance from the U.S. Department of Justice on Feb. 28.
"This acquisition marks a new chapter for BATS and we are very pleased with the hard work and dedication of both BATS and Hotspot associates to successfully and…
BATS Global Markets announced that it completed the previously announced acquisition of Hotspot FX, officially inserting itself into the $5.3 trillion global foreign exchange market.
The $365 million transaction was first announced Jan. 28. The company received Hart-Scott-Rodino clearance from the U.S. Department of Justice on Feb. 28.
"This acquisition marks a new chapter for BATS and we are very pleased with the hard work and dedication of both BATS and Hotspot associates to successfully and…