‘s Really Broken..

Last week saw the disaster of epic proportion that was BATS debut into the market with their IPO (seen here).  As a result, BATS retracted their offering with the intentions of regrouping.  However, this incident left a whole host of skeptics who would never trust an exchange operator that couldn’t handle their own IPO.  No doubt, BATS’ valuation will be adjusted when they are ready to bring the IPO back to the table..  But will this be a discount opportunity on essentially the same stock?  According to founder Dave Cummings (who no longer works for BATS but is still and investor) … Read more

‘t Break The Market The First Day On The Job

Imagine this: you’re driving to the office the very first day on the job.  As you casually hang a right into the parking lot, you begin thinking of how you are going to leave a stellar first impression on your co-workers and management, since you know that first impressions mean everything.  Pulling into the first spot you see right in front of the entrance, you jump the curb and slam into the front of the building as your car bursts into flames while your hood flattens the reception desk against the back of the wall. Now imagine this is how … Read more

ETFs Are Going BATS … and Why You Should Care!

Contributor Post By: Ron Rowland The ETF marketplace changed last month.  You didn’t notice?  Don’t worry, you’re not alone.  Today I’ll tell you all about it. You already know that “exchange traded funds” trade on an exchange.  That’s what distinguishes them from old-fashioned mutual funds.  But what exchange trades them, and where is it? For some new iShares, the answer isn’t New York or Chicago.  Their trading hub is Lenexa, Kansas.  Let me explain … Exchange Floors No Longer Needed For most people, the term “stock exchange” brings to mind images of noisy rooms filled with men in colorful jackets, … Read more