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BATS To Unveil U.S. Stock Listings

BATS Global Markets is planning to roll out a U.S. stock-market listings business.

    BATS Global Marketsis planning to roll out a U.S. stock-market listings business,The Wall Street Journalreports. The new platform will be calledBATS Listingsand is expected to be launched in the last quarter of this year, addsCity A.M.

    The Missouri-based exchange operator is likely to offer dual-listing shares of companies that are already listed atNYSEorNasdaq. BATS has submitted draft rules to theSecurities and Exchange Commissionand expects a formal filing for notice soon.

    Click here for the story fromThe Wall Street Journal.

    Click here for additional coverage fromCity A.M.

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