Bats Global Markets Prices IPO At Top Of The Range

By Markets MarketWatch Pulse

Bats Global Markets Inc. priced its initial public offering at $19, raising about $253 million, according to a report on The Wall Street Journal. The price was at the top of the range for the Kansas-based stock exchange operator, which had sought to become public in 2012 but canceled the deal after a software glitch. Bats focuses on stocks and exchange-traded funds in the U.S. and Europe, stock options in the U.S., and the cash currency market globally. The company will trade on one of its own platforms, the BZX Exchange.

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