BATS Global Markets Announces BATS Chi-X Europe Executive Committee
LONDON & KANSAS CITY, Mo.--(BUSINESS WIRE)-- BATS Global Markets (BATS) today announced executive committee appointments for BATS Chi-X Europe, the new entity that will emerge as a result of BATS’ acquisition of Chi-X Europe.
In addition to Chief Executive Officer Mark Hemsley, the BATS Chi-X Europe executive committee will include Paul O’Donnell, chief operating officer; Michael Beaver, chief financial officer; Jerry Avenell and Alex Dalley, co-heads of sales; Graham Dick, head of index and derivatives products; Adam Eades, head of legal and regulatory affairs; and Michael Newell, head of business development.
All members of the executive committee will report to Mr. Hemsley.
Mr. Hemsley said: “These individuals have been an instrumental part of both organizations’ success in Europe and I believe this is the ideal team to take us forward and ensure that BATS Chi-X Europe is positioned to capitalize on the tremendous opportunities for growth in today’s ever-changing marketplace.”
Immediately following the close of the Chi-X Europe transaction on 30 November, Mr. Hemsley, chief executive officer of BATS Europe, assumed the role of chief executive officer for the combined Chi-X Europe and BATS Europe businesses which will be known as BATS Chi-X Europe.
Planning for the migration of the Chi-X Europe trading platform to BATS Europe technology is currently underway and is expected to be completed in the second quarter of 2012. A technology migration timetable and details will be announced before the end of the year.
About BATS
BATS Global Markets (BATS) is a leading operator of stock and options markets around the globe. BATS operates two stock exchanges in the U.S., the BATS BZX Exchange and BYX Exchange; BATS Options, a U.S. equity options market; and BATS Europe and Chi-X Europe, which operate FSA-authorized multilateral trading facilities. BATS’ innovative and proprietary technology was developed by a dedicated core team of market and technology professionals, catering to the needs of the broker-dealer and trading community. The company is headquartered in the Kansas City, Mo., area with additional offices in New York and London. For more information, visit www.batsglobalmarkets.com
CONTACT:
BATS Global Markets
Media Contacts
Kelly Bailey (London), +44 (20) 7012 8950
or
Stacie Fleming (Kansas City), +1 913 815 7193
comms@batstrading.com
or
Chi-X Europe Limited
Belinda Keheyan, +44 (0)7527 984 997 or +44 (20) 7131 3315
Head of Marketing
Belinda.keheyan@chi-xeurope.com
KEYWORDS: United Kingdom United States Europe North America Kansas Missouri
INDUSTRY KEYWORDS: Professional Services Banking Finance Other Professional Services
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