Hotspot acquisition to be transformative for Bats
The acquisition of foreign exchange trading platform Hotspot will be as transformative as the Chi-X Europe and Direct Edge transaction have been for exchange operator Bats, says the company's newly appointed chief executive, Chris Concannon wrote in an open letter on his first day in the job.
"The Hotspot acquisition is a unique one for Bats and will be every bit as transformative as the Chi-X Europe and Direct Edge transactions have been. I learned about the Hotspot business during my time as a
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