Local Company Competes with Large Stock Exchanges

KCUR

Published January 11, 2008 at 4:25 AM CST

By Sylvia Maria Gross

http://stream.publicbroadcasting.net/production/mp3/kcur/local-kcur-665612.mp3

KANSAS CITY, MO – In just two years, a new stock trading network far from Wall Street managed to become the third-largest market center in the United States. BATS Trading is a small company with less than 50 employees that operates out of the Briarcliff Village shopping center, north of the river. KCUR's Sylvia Maria Gross reports.

UPDATE: On August 19, 2008, BATS Trading was granted exchange status by the Securities and Exchange Commission. This story was originally produced in January, 2008.

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