45: CBOE's $3 Billion Bats Purchase Is Actually a Tech Deal

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Recorded27 Sep 2016

Publisheromnycontent.com ↗

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CBOE's $3.2 billion acquisition of Bats Global Markets may sound like a wonky financial transaction. That isn't really the case, Bloomberg M&A reporter Matt Monks tells Deal of the Week host Alex Sherman. Actually, you can view it as a technology deal. Monks and Sherman discuss why stock and options exchanges are consolidating and explain why technological changes have upended the industry.See omnystudio.com/listener for privacy information.

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