BATS Global Markets reports Year-onYear Market Share Gains 

Becomes #1 Listing Venue for January with 85% of U.S ETF Listings

 

• Market Share Rises for U.S. and Europe Equities, U.S. Options; Hotspot ADV Up 27% from December

BATS Global Markets (BATS) reported January data. Highlights include market share increases for its U.S. Equities, U.S. Options, and European Equities businesses compared with a year ago, with record average daily notional value traded of €14.0 billion for its European Equities business.

BATS welcomed 11 additional ETFs to its U.S. market in January, more than any other exchange operator, capturing 85% of all U.S. ETF listings for the month. This tied the record set in December when the firm also added 11 ETFs. BATS remained the #1 U.S. market operator for ETF trading as well, executing 26.9% of all January volume, after finishing #1 for each month of 2015. Bats primarily lists 67 ETFs from eight issuers in the U.S. and 11 ETFs on BATS Chi-X Europe from three issuers.

The company reported 21.4% U.S. Equities market share in January vs. 20.9% a year prior and 10.1% U.S. Options market share in January vs. 8.8% a year prior. The European Equities business recorded 24.9% market share in January vs. 24.4% last year, remaining the #1 stock market in Europe.

BATS’ European trade reporting facility, BXTR, remained the largest trade reporting facility in the region, with more than €382.1 billion in transactions reported during the month. This represents an increase of 6.5% from the January 2015 figure.

Hotspot, BATS’ institutional spot foreign exchange market, posted average daily volume of $30.7 billion in January vs. $24.1 billion in December, an increase of more than 27%.

In all, the BATS markets executed $140.5 billion of notional value per day in January.

Source: Bats

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