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BATS Steps Up Competition for Retail Flow

Its Answer to NYSE Price Improvement Plan to Start Dec. 17

November 30, 2012
Gregory Bresiger

BATS Global Markets officials have just received Securities and Exchange Commission approval for the last piece of its retail price improvement (RPI) scheme, subpenny pricing. As a result, the exchange said Thursday it will launch its program through the BATS BYX Exchange on December 17.

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