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BATS Chi-X Europe, a subsidiary of BATS Global Markets, is a London-based, order-driven pan-European equity exchange. It is a low latency, low cost alternative to exchange traded equities and exchange-traded funds (ETFs) that are listed on primary exchanges such as the London Stock Exchange, Frankfurt Stock Exchange, Euronext and OMX. Previously a multilateral trading facility (MTF), BATS Chi-X Europe received Recognised Investment Exchange (RIE) status from the Financial Services Conduct Authority (FCA) in May 2013, and is now authorised to operate a Regulated Market for primary listings alongside its existing business. Initially two separate entities, Chi-X Europe was the first pan-European equities exchange to launch in 2007; BATS Europe was launched in 2008. In February 2011, BATS Global Markets agreed to buy Chi-X Europe for $300 million.〔(【引用サイトリンク】Bats Agrees to Buy Chi-X Europe as Competition Grows )〕 The deal was referred by the Office of Fair Trading to the Competition Commission in June 2011 for further investigation to "determine whether a substantial lessening of competition is probable as a result of the anticipated merger." However, the Competition Commission approved the transaction in late November 2011, leading to BATS closing the deal on 30 November 2011. The joint entity, BATS Chi-X Europe, covered 1,800 stocks, in 25 indices and 15 European countries, as of early 2012. Between January and April 2012, BATS Chi-X Europe was the largest pan-European equities exchange in terms of value traded. In December 2011, BATS Chi-X Europe had a pan-European marketshare of more than 25% and 24.6% in April 2012.〔(【引用サイトリンク】BATS Chi-X Europe grabs a quarter of European equity trading )〕 ==History== In April 2011, BATS Global Markets confirmed that Mark Hemsley, CEO of BATS Europe, will be appointed CEO of the combined entity following BATS’ acquisition of Chi-X Europe. By April 2012 the technology integration between the two platforms was complete and Chi-X Europe customers were migrated onto the BATS Europe platform. In March 2013, after Europe's two largest cash equities clearing providers unveiled plans to merge, BATS Chi-X Europe announced it would take a 25% stake in the new entity, which will be called EuroCCP N.V.〔EMCF and EuroCCP (17 July 2013), ''(Sale And Purchase Agreement Signed To Combine Emcf and Euroccp )'', retrieved 30 August 2013〕 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「BATS Chi-X Europe」の詳細全文を読む スポンサード リンク
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