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On The Money: BATS pushes back on options proposal

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Chris Concannon, who became CEO of BATS Global Markets on March 31, is off and running at full speed. BATS has been exceptionally busy for the last few weeks. It launched a new options exchange and has been waging a legal battle over a potential new rule in front of the Securities and Exchange Commission that involves the financing of the clearinghouse used by U.S. options exchanges. BATS also named a new global head for its listing services for exchange traded funds. The new BATS options market,…

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