Completion of its merger with Direct Edge Holdings LLC marks a major milestone for Lenexa-based BATS Global Markets Inc., giving it equal footing with the New York Stock Exchange and Nasdaq OMX after starting from scratch in 2005.
The combined entity is now one of the largest stock exchanges in the world. It has a 20.54 percent U.S. market share, right on the heels of market leader New York Stock Exchange's 20.58 percent share. Nasdaq OMX is third with 20.02 percent. The merger also makes BATS the…
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