[Reuters] BATS glitch is latest to highlight the complexity of the markets

Posted by: UGN Security

[Reuters] BATS glitch is latest to highlight the complexity of the markets - 01/11/13 09:02 AM

NEW YORK (Reuters) - The complexity of modern markets means there are bound to be more events such as the systems error that led to hundreds of thousands of trades being executed improperly on BATS Global Markets over the past four years, the head of the No. 3 U.S. equities exchange said on Thursday.