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Retail Programs A ‘Fundamental Shift’ for Exchanges

Q&A with BATS C.O.O. Chris Isaacson

Traders Magazine Online News, December 5, 2012

Gregory Bresiger

Allowing subpenny pricing and the targeting of a particular segment of customers in NYSE, BATS and other exchange “retail price improvement” programs will change the nature of competition between lit and dark trading venues. Q&A with BATS C.O.O. Chris Isaacson.

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