Bats plans a second exchange

Stock-market operator Bats Exchange plans to apply with the Securities and Exchange Commission to operate a second US securities exchange.

The move for Bats, based in Kansas City, stems from a desire to offer different pricing structures for traders and echoes similar moves in the past few months from its competitors.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump