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BATS’ Notification of System Issue

Traders Magazine Online News, January 10, 2013

Tom Steinert-Threlkeld

BATS Global Markets said at 6:39 p.m. Wednesday night it had experienced problems for several years on its two stock exchanges and its options exchange with pricing involving visible orders which have been “price slid” and invisible orders that had been hidden, then crossed the nationally published best bid or offer momentarily. Here’s BATS’ notice to its members.

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