CBOE Closes Bats Buy, Announces Leadership Team and Transition Website

And the two become one – officially.

CBOE Holdings, Inc. reported that it completed its acquisition of Bats Global Markets, Inc. on Tuesday, February 28, in a cash and stock transaction valued at approximately $3.4 billion (based on the closing price of CBOE Holdings shares on February 28). The combined company also announced its new corporate leadership structure, which includes key members of both CBOEs and Bats executive teams.

Over the past several months we have been hard at work developing a seamless integration plan, and we are excited to finally bring together our two remarkably talented and innovative teams, said Edward Tilly, CBOE Holdings Chairman and Chief Executive Officer.

We are well-positioned to realize the benefits of joining Bats U.S. and European equities, options, ETF trading and global FX platforms, together with CBOEs wide array of equity, ETF and index options, futures, multi-asset volatility products and educational resources. We believe that the resulting combination will allow us to cement CBOEs position as the go-to partner for developing cutting-edge trading and investment solutions, Tilly added.

CBOEs leadership team is headed by Edward Tilly, Chairman and CEO of CBOE Holdings. Chris Concannon, formerly CEO of Bats Global Markets, is President and COO of CBOE Holdings.

Alexandra Albright, Chief Compliance Officer

Pamela Culpepper, Chief Human Resources Officer

Alan Dean, Chief Financial Officer and Treasurer

John Deters, Chief Strategy Officer and Head of Multi-Asset Solutions

Bryan Harkins, Head of U.S. Equities and Global FX

Mark Hemsley, President, Europe

Greg Hoogasian, Chief Regulatory Officer

Chris Isaacson, Chief Information Officer

Carol Kennedy, Chief Communications Officer

Stephanie Klein, Chief Marketing Officer

Andrew Lowenthal, Head of Global Derivatives

Joanne Moffic-Silver, General Counsel and Corporate Secretary

(Profiles of the leadership team can be found on the new CBOE-Bats integration website)

CBOE Holdings today launched www.cboe.com/BatsIntegration, which hosts information for customers related to the ongoing integration. The webpage includes a corporate overview, key facts, frequently asked questions, overviews of the companys products and markets, Profiles of the leadership team and information for upcoming customer conference calls. The first of these calls is planned for March 29, 2017.

CBOE Holdings plans to provide updated guidance at a future date to be announced.