Bringing you live news and features since 2006 


BATS Global Markets names Kapil Rathi as VP Options Business Strategy


BATS Global Markets (BATS) has hired Kapil Rathi as Vice President, Options Business Strategy.

Rathi joined BATS on 23 February after 10 years in key roles at the International Securities Exchange (ISE) and is working closely with Jeromee Johnson, Vice President, Options Business Strategy, as a senior member of the BATS Options team. Both Rathi and Johnson report to Bryan Harkins, Executive Vice President, Head of US Markets.

Harkins says: “BATS Options has more than doubled in size during the past year and we’re always seeking to bring in top talent to work with the existing team to help continue to grow the business. Kapil fits well into the unique culture which drives our success at BATS and his experience, market structure knowledge and ability to develop innovative products will play a significant part in propelling our market even further.”

BATS recorded options market share of 8.2% in February, the company’s second-best month on record and an increase from 3.6% in the year-ago period.

Most recently, Rathi was Head of Product Management, at ISE, leading a team of product managers in developing new product offerings. In particular, he was instrumental in building ISE’s Complex Order Book and was also in charge of ISE’s core matching engine, market data products and order routing strategies.

Previously, Rathi worked for SIAC as part of the New York Stock Exchange as well as AT&T and Aithent Inc. He holds an MBA in finance from the Fordham Graduate School of Business, New York.
Rathi joins the BATS team at the company’s office in lower Manhattan.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by