Bats Elevates Tony Barchetto to Role of Executive VP

Bats Global Markets (Bats) has promoted Senior Vice President (SVP) Tony Barchetto to the new role of Executive Vice President and Head of Corporate Development with immediate effect, according to a Bats statement.

In his new role Mr. Barchetto will be admitted to Bats’ executive team, which currently includes all senior leadership at the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term group. Prior to the promotion, Mr. Barchetto worked as the SVP of Business Development at the group, having led several new business initiatives and other acquisition ventures.

He originally joined Bats back in 2014, following the group’s acquisition of Direct Edge Holdings – in this capacity he worked as its Head of Corporate Strategy. Additional stops also include senior positions at Liquidnet and Knight Capital Group (KCG), as well as Citigroup.

According to Bats Chief Executive Officer (CEO), Chris Concannon, in a recent statement on the appointment: “I’m excited to welcome Tony to the Executive Team, providing an opportunity for him to have an even greater impact on the growth and direction of the firm.”

“Bats believes in rewarding associates for outstanding performance and Tony has played a critical leadership role in a number of key initiatives to date, including the Hotspot acquisition which propelled us into the global foreign exchange market. Tony’s tremendous market structure knowledge and financial acumen will serve him well in his expanded role and I know he’ll continue to produce results,” he added.

Bats made headlines yesterday after it received formal approval from the US’ Securities and Exchange Commission (SEC) Securities and Exchange Commission (SEC) The Securities and Exchange Commission (SEC) is one of the most widely known independent authorities in the United States. The SEC has a wide range of responsibilities, helping police markets and curbing against abuse. This includes enforcing federal securities laws, proposing securities rules, and regulating the US’ stock and options exchanges.As one of the paramount regulatory authorities in the US, the SEC is responsible for the oversight of public companies in the aforementioned segments.Wha The Securities and Exchange Commission (SEC) is one of the most widely known independent authorities in the United States. The SEC has a wide range of responsibilities, helping police markets and curbing against abuse. This includes enforcing federal securities laws, proposing securities rules, and regulating the US’ stock and options exchanges.As one of the paramount regulatory authorities in the US, the SEC is responsible for the oversight of public companies in the aforementioned segments.Wha Read this Term) for the passage of the Bats Client Suspension Rule, which helps facilitate more steadfast action on behalf of the group against manipulative market behavior.