[Reuters] BATS founder pushes for IPO despite "freak" glitch

Posted by: UGN Security

[Reuters] BATS founder pushes for IPO despite "freak" glitch - 03/25/12 01:58 PM

NEW YORK (Reuters) - BATS Global Markets, the U.S. exchange operator that withdrew its public offering Friday after a computer glitch sent its newly-issued stock into a tailspin, should develop a "credible IPO plan" and go through with it in the second quarter, its founder and current director said.