Bats Global Markets to buy ETF.com
Exchange operator Bats Global Markets is buying ETF.com, a provider of data to the exchange-traded funds industry.
Bats chief executive said the purchase “underscores
No financial terms were disclosed but the deal will see ETF.com become an independent media subsidiary of Kansas-headquartered Bats.
ETF.com boss David Lichtblau will remain in his role and report directly to Bats executive vice president and head of US markets Bryan Harkins.
Set-up in 2001, ETF.com offer news, analysis and data on the growing ETF market.
The online analysis will add to the market data and analytics that Bats offers to market participants.
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