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BATS has front-row seat in SEC market safety discussion

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The Securities and Exchange Commission met with leaders of U.S. stock and options exchanges on Thursday to discuss improving continuity and safety in the markets, in the wake of the Aug. 22 interruption of trading for NASDAQ-listed securities. A server crashed at NASDAQ on Aug. 22, causing a three-hour halt in trading for half the U.S. stock market. Not surprisingly, the situation immediately caught the attention of SEC Chairwoman Mary Jo White, who called a meeting with leaders of all the exchanges…

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