Bats’ Head of FX, Bill Goodbody Jr. Parting Ways With Group

BATS Global Markets, an international Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term and options Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term group has a key void to fill after Bill Goodbody Jr. is reportedly leaving the group, less than two years after being appointed to the position, according to an FXWeek report.

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Back in March 2015, Mr. Goodbody Jr. was appointed as the Senior Vice President and Head of FX at Bats, which followed the acquisition of KCG Hotspot FX. Mr. Goodbody Jr. was a part of the group since 2008, having worked previously in number of senior level roles over the past eight years. This included stints as the COO and Head of Sales, and most recently the Managing Director.

At this juncture it is unclear what Mr. Goodbody Jr.’s next move is, however the decision to split was a mutual one. By extension Bats has not made any announcements at this time to fill the role vacated by his departure.

The move follows on the heels of a landmark takeover of Bats by CBOE Holdings, one of the largest exchange operators operating in the US.