BATS Global Markets Feels Emotionally Ready To Try For That IPO Again
BATS Global Markets is making a second attempt at a public stock offering three years after a technology problem forced it to stay private...BATS attempted a stock offering in 2012, only to withdraw its debut on the same day because of technology system errors. The incident was not just an embarrassing turn of events for BATS. It drew a fresh round of introspection on the complexity and vulnerability of the American stock markets, where high-speed trading has taken on an increasingly dominant role. [Dealbook]