INNOVATION

Capitalists of the Prairie

A tiny Kansas City start-up now handles 10 percent of all U.S. stock trades. How BATS took on Wall Street to shake up the financial establishment.

By Daniel Gross | NEWSWEEK
Published Sep 12, 2008
From the magazine issue dated Sep 22, 2008

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  • Posted By: FATJOEY @ 09/23/2008 9:54:19 AM

    yeah kiss joes butt,wonder how much he's making a year off your money?

  • Posted By: collegebud @ 09/17/2008 8:18:12 PM

    The owner and CEO, Joe Ratterman, and his family are some of the nicest, most caring, and down-to-earth people you could ever hope to meet. The BATS project sprang from Joe's desire to offer EVERYONE a chance to build a good retirement fund. You might be inspired by reading about another project started by Joe and his wife Sandy. It's called Hope in the Streets.

  • Posted By: brettdufur @ 09/17/2008 10:32:48 AM

    Kudos to Joe & the whole team at BATS. What I find truly exemplary in Joe isn't just his entrepreneurial agility to take on the NYSE status quo, but his ability to do it while also raising a great family and dedicating himself to feeding Kansas City's homeless. He does it all, and he does it well.

  • Posted By: TheVigil @ 09/16/2008 10:37:51 PM

    If these guys are actually doing good, regulated trading that isn't pushing a bunch of paper around in order to line the pockets of middle managers, amen. Good for them. May they prosper in the hopes we all do.

  • Posted By: JuneKlein @ 09/13/2008 8:12:42 PM

    I literally 'wrote the book' "Evolution of Trading" and BATS exemplifies where the market opportunities are today. They have mastered the 2 important trends that drive global finance: technology (as shown in this article) and regulation (as shown by them becoming an Exchange). Direct Edge also shows a lot of promise.
    June Klein, CEO Technology & Marketing Ventures, Inc. www.EvolutionOfTrading.com

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