BATS Global Markets Board States Unanimous Support for President, CEO Joe Ratterman

KANSAS CITY, Mo., March 27, 2012 /PRNewswire/ -- BATS Global Markets, Inc. ("BATS") today announced that its Board of Directors states its unanimous support for President and Chief Executive Officer Joe Ratterman, who has led the company since June 2007.

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"Joe continues to do a tremendous job as CEO of BATS, leading an organization which now operates the third-largest stock exchange in the U.S., Europe's largest stock market and a growing U.S. options exchange," the Board said. "We fully support his leadership, vision and strategic direction as BATS continues to enhance competition and foster innovation in markets worldwide."   

Mr. Ratterman, a founding employee of BATS, added "I am pleased to have the continued support and endorsement of our Board, whose members have played an integral part in the continued growth of BATS."    

In addition, as part of an enhanced corporate governance structure, the Board will separate the roles of Chairman and CEO. Mr. Ratterman, who has been Chairman since June 2007, will hold the position until a new Chairman is named.

About BATS Global Markets, Inc.
BATS Global Markets, Inc. (BATS) is a leading operator of securities markets in the U.S. and Europe.  BATS develops and operates electronic markets for the trading of listed cash equity securities in the U.S. and Europe and listed equity options in the U.S. 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.

SOURCE BATS Global Markets

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