KANSAS CITY, Mo.--(BUSINESS WIRE)--BATS Global Markets (BATS), a leading operator of securities markets in the U.S. and Europe, today announced that Alpha Architect’s ValueShares International Quantitative Value ETF (BATS: IVAL) begins trading today on BATS Exchange.
The ValueShares International Quantitative Value ETF, which is an actively managed exchange-traded fund, seeks to provide long-term capital appreciation by investing in value securities of international companies across industries and market capitalizations. The Fund will invest in approximately 50 of the top international equity securities determined by a quantitative model developed by Alpha Architect Founder and CIO, Wesley R. Gray, Ph.D. More information about the ValueShares International Quantitative Value ETF is available on the Alpha Architect website.
“We are proud to support Alpha Architect’s expanding suite of empiracle-based investing ETFs,” said Brian King, Director of Listings at BATS. “We appreciate the opportunity to support ETF issuers as they strive to bring innovative ideas to the ETF space, and ValueShares is a great example of this.”
The BATS Exchange Listings program offers ETF issuers a variety of leading service offerings including the Competitive Liquidity Provider (CLP) program, which rewards market makers for tighter quoted spreads with increased liquidity in BATS-listed securities.
Additional information on the BATS Listings program, including the BATS Listings Rules, is available on the BATS Listings website. Companies interested in learning more may email listings@bats.com.
About BATS Global Markets, Inc.
BATS Global Markets, Inc. is a leading global operator of securities markets, committed to Making Markets Better for traders, investors and issuers. In the U.S., BATS operates four stock exchanges – BZX, BYX, EDGX and EDGA – and regularly ranks as the top market for ETF and retail-driven liquidity. The company is an important listing venue for ETFs and other structured products and also operates BATS Options, a U.S. equity options market. In Europe, BATS operates the largest pan-European equities exchange, offering trading and listing services across 15 major European markets. With its world-class proprietary technology and relentless customer focus, BATS strives to bring efficiency, transparency and fairness to market participants. The company is headquartered in Kansas City with offices in Chicago, the New York area and London. Further information on BATS can be found at www.bats.com and by following us on Twitter @BATSGlobal.
Disclaimer
BATS and its affiliates do not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. Investors should undertake their own due diligence regarding their securities and investment practices. This press release speaks only as of this date. BATS disclaims any duty to update the information herein.
