Requirements needed to register as an exchange?

Discussion in 'Order Execution' started by WallstYouth, Feb 1, 2008.

  1. Where can I find a listing of rules, requirements and regulations for an ECN/ATS to apply for an exchange license?

    I heard a while back that BATS was apply for full exchange status but its been almost a year? What's the biggest hurdle in becoming a full blown exchange?