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BATS IPO Had to be Pulled, No Future Listing Plans: CEO
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BATS IPO Had to be Pulled, No Future Listing Plans: CEO

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BATS IPO Had to be Pulled, No Future Listing Plans: CEO

U.S. exchange operator BATS Global Markets withdrew its initial public offering mid-Friday after it became clear investor confidence had eroded, its CEO said, adding there are no plans for an IPO in the foreseeable future.

More on CNBC...

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From the article:

BATS' own stock was to be its first listing, but the IPO ended up a disaster after a software bug briefly sent the price of the shares down from $16 to less than a penny before trading was halted.

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BATS Chief on Friday's Meltdown: 'My Stomach Sank' - NYTimes.com

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Today's comment in the Financial Times.

BATS faces tough choices over IPO - FT.com

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