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BATS Proposes Elimination of One-Size-Fits-All U.S. Equity Market, Reduction of Some Access Fees by More Than 80%

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KANSAS CITY, Mo. & NEW YORK--(BUSINESS WIRE)--BATS Global Markets (BATS) today proposed market structure initiatives designed to benefit all investors and issuers, including a reduction of more than 80% in access fees for the U.S. stock market’s most liquid securities. In an open letter to the industry and a petition for rule-making to the Securities and Exchange Commission, the company will propose the implementation of tiered market access fees, depending upon an individual security’s average

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