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BATS Global completes deal to buy Direct Edge to create second-largest US stock exchange

2014-02-04 07:41:07| Automakers - Topix.net

BATS Global Markets Inc. said Monday that it has completed its purchase of Direct Edge Holdings LLC to create the second-largest stock exchange in the U.S. The combined company ranks behind NYSE Euronext, the owner of the New York Stock Exchange, in terms of market share, and ahead of The Nasdaq OMX Group Inc., BATS said.

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