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Joe Ratterman, CEO of BATS Global Markets, speaks at the Reuters Exchanges and Trading Summit in New York March 29, 2010.

Wild Weekend For BATS Capped By Mea Culpa

In the wake of the uncommon cancellation of the initial public offering by Bats Global Markets Inc. on Friday, the company's chairman, CEO, and president apologized to customers and members of the trading community in a letter posted on its website on Sunday.