Saturday 28th March 2015
NEWS TICKER, FRIDAY MARCH 27th 2015: Moody's Investors Service has assigned an A2 rating (stable outlook) to the certificates of deposit issued by Barclays Bank Plc, New York Branch. The certificates of deposits will be direct, unsecured, senior obligations of Barclays Bank plc, issued by its New York Branch and will rank pari passu with all other present and future unsecured and unsubordinated obligations of Barclays Bank Plc - The Straits Times Index (STI) ended +18.51 points higher or +0.54% to 3450.1, taking the year-to-date performance to +2.52%. The FTSE ST Mid Cap Index gained +0.18% while the FTSE ST Small Cap Index gained +0.47%. The top active stocks were SingTel (+1.38%), DBS (-0.15%), UOB (+1.13%), Golden Agri-Res (+7.41%) and Keppel Corp (-1.11%). The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+2.32%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (unchanged) and Geo Energy Resources (-0.51%). The underperforming sector was the FTSE ST Oil & Gas Index, which declined -1.06% with Keppel Corp’s share price declining -1.11% and Sembcorp Industries’ share price declining -1.15%. The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (-1.43%), SPDR Gold Shares (-1.19%), iShares USD Asia HY Bond ETF (+1.05%). The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (-0.92%), Suntec REIT (unchanged), CapitaCom Trust (-1.13%)

BATS Exchange announces new listings pricing

Thursday, 09 February 2012
BATS Exchange announces new listings pricing BATS Global Markets has unveiled a unique flat pricing model for its primary listings business, including free listings for companies whose stock or exchange traded product (ETP) trades more than 2m shares per day. http://www.ftseglobalmarkets.com/

BATS Global Markets has unveiled a unique flat pricing model for its primary listings business, including free listings for companies whose stock or exchange traded product (ETP) trades more than 2m shares per day.

BATS also announced it will launch its Competitive Liquidity Provider (CLP) program today. The CLP program, designed for BATS’ new US primary listings business and was recently approved by the US Securities and Exchange Commission (SEC). This is a rewards-based program designed to incent market makers to make tighter quoted spreads with increased liquidity for each listing on BATS. The CLP program particularly benefits small and mid-cap companies who are often challenged by a lack of liquidity in their stock, which can make attracting larger investors difficult.

“As we strive to make markets better for issuers today, we’re focused on driving competition and innovation in the U.S. primary markets through new ‘out of the box’ programs and pricing,” says Joe Ratterman, chairman and chief executive officer of BATS Global Markets. “Our aggressive pricing and innovative market maker program will appeal to small and mid-cap companies looking to grow, while larger companies will be attracted to our no-fee listing model. All issuers, regardless of size, will benefit from BATS’ world-class customer support and technology.”



With its unique flat approach to both initial and annual fees, the BATS Listings fee schedule provides a competitive offering for issuers of all sizes. Breaking the mold when compared to traditional pricing models, BATS’ listing fees are not based on a company’s shares outstanding and BATS does not charge for the listing of additional shares.

For companies and ETPs listed on another exchange and interested in transferring their listing to BATS, the initial fee will be waived. Issuers whose stock or ETP trades more than 2m shares per day will not be charged an annual fee.

BATS Listings Fee Schedule Highlights:

  Corporate – Tier I Corporate – Tier II ETP
Initial Fee  (waived for transfers) $100,000 $50,000 $10,000
Annual Fee – CADV* Less than 2M shares $35,000 $20,000 $35,000
Annual Fee – CADV Greater than 2M shares No charge No charge No charge

*CADV = Consolidated Average Daily Volume      

The complete BATS Listings Standards and Fee Schedule is available on the BATS Listings website.

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