BATS exchange withdraws IPO after stumbles In a breakdown that resembled a mini version of the 2010 "flash crash," a series of glitches hit the market debut of BATS Global Markets Inc on Friday, causing the company to take the extremely ... BATS cancels its IPO following technical glitches It was hardly the stock market debut BATS Global Markets was hoping for.Since being founded nearly seven years ago, the Kansas-based company has been doing battle with its much larger rivals Nasdaq and ... Bats pulls IPO after errors halt Apple trades Bats Global Markets Inc., the 6-year-old equity exchange, canceled its initial public offering Friday, stunning Wall Street, after errors on its computer systems derailed trading in the stock and forced a halt in Apple... BATS: Well, this is awkward BATS Global Markets withdrew its initial public offering Friday after the exchange operator was forced to halt trading in several stocks, including its own, due to "technical issues." Bats Global cancels IPO after its errors derail trading Equity exchange Bats Global Markets Inc. canceled its initial public offering, stunning Wall Street after errors on its own computer systems derailed trading in the stock and forced a halt in Apple Inc. Exchange operator BATS stumbles in IPO debut NEW YORK (Reuters) - A series of blunders hit the market debut of BATS Global Markets Exchange Inc Friday, causing its own shares to erroneously trade for less than a penny and confusing investors. The problems also fouled a trade in shares of Apple Inc , the world's most valuable company, and caused a temporary halt in its shares. It was an inauspicious debut for BATS, an exchange operator that ... Bats IPO Reversal May Cost Morgan Stanley, Banks $7.1 Million Morgan Stanley and banks on Bats Global Markets Inc.'s (BATS) initial public offering may lose $7.1 million in fees after the exchange operator withdrew its IPO, felled by a system crash that hurt Apple Inc. (AAPL) and its own stock. BATS Global Markets Withdraws Initial Public Offering In one of the shortest debuts ever for a newly public company, BATS Global Markets was forced to pull its initial offering after systems issues caused a day filled with cancelled trades and uncertainty. BATS Global Markets, Inc. Announces Pricing of its Initial Public Offering KANSAS CITY, Mo., March 22, 2012 /PRNewswire/ -- BATS Global Markets, Inc. ("BATS"), a leading operator of securities markets in the U.S. and Europe, today announced the pricing of its initial ... BATS withdraws IPO after technical glitches Stock market operator BATS Global Markets pulled its initial public offering following a series of technical glitches.
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References:
http://www.businessweek.com/articles/2012-03-23/bats-all-folks-the-epic-fail-of-the-worst-ipo-ever
http://www.scientificamerican.com/article.cfm?id=bats-harbor-novel-type-influenza
http://pixelhat.net/
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