WMPT Nightly Business Report March 23, 2012
captioning sponsored by wpbt >> tom: good evening. thanks for joining us. a stock exchange that is not a household name tripped up trading in apple shares and even stopped it's own initial public offering. >> susie: tom, the exchange is called bats. that stands for better alternative trading system. it's based far away from wall street in a suburb of kansas city. it's an all-electronic exchange accounting for more than 10% of all stock trades. today the exchange itself was hoping to sell its stock to the public for the first time, but it got off to a very rough start. >> tom: as its ...