BATS Global withdrew their IPO due to "technical reasons." As in, they were having trouble quoting prices for ticker symbols with an "A" or "B" in it. As in, they couldn't quote their own ticker on their IPO!
You are an exchange! This is your IPO! HOW CAN YOU FUCK THIS UP?
Nope, HFT caused a flash crash, that's "technical reasons" for you. ;D
http://blogs.wsj.com/deals/2012/03/23/bats-initial-public-tease-nine-se…
Haha, this is hysterical. ECN fail.
we made fun of this nonstop on the trading floor today
the best part is that they canceled their party for the firm at cipriani wall street lol
What is BATS relationship with Tradebot?
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