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Bats proposes new closing auction model - http://buff.ly/2r2cmOe 'Bats, which is America's second-largest stock market and is now a part of Chicago Board Options Exchange, is proposing an alternative to the closing auction at the end of the trading day. The proposal is a direct attack against the New York Stock Exchange and Nasdaq model, and it comes at a time when more and more trading is conducted at the end of the day.'
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