June 01, 2016 BY LeapRate Staff
Bats Global Markets launches liquidity management provider program for exchange-traded products
Bats Global Markets, Inc. (BATS:BATS), the second-largest stock exchange operator in the U.S., has announced the launch of what it is calling the Liquidity Management Provider (“LMP”) Program on The Bats ETF Marketplace, further incentivizing liquidity providers trading exchange-traded products (ETPs) on Bats. The LMP Program, which was filed with the Securities and Exchange Commission on May 12th, rewards liquidity providers…
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