Mark Hemsley has a new role following CBOE’s $3.4 billion acquisition of Bats. The TRADE’s online editor, John Bakie, caught up with the new president for Europe at CBOE Holdings about the takeover and plans for the future.
Hotspot platform trades outright deliverable forwards on an anonymous central-limit order book.
New complex order book will form foundation for all complex orders handled by CBOE markets.
CBOE’s Livevol X platform has been acquired by Sterling Trading Tech.
CBOE and Bats Global Markets complete merger as the LSE-Deutsche Boerse deal remains on the verge of collapse.
The merger is expected to close on 28 February and has received US and European regulatory approval.
Bats reported a 50% in net income in 2016 compared to the year prior.