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BATS Global Markets (BATS), the #1 U.S. market for the trading of exchange-traded funds (ETFs), today welcomed a new issuer, Elkhorn Investments, to its U.S. market with the listing of the Elkhorn FTSE RAFI U.S. Equity Income ETF (BATS: ELKU).
“We are excited to welcome Elkhorn as a new issuer to The BATS ETF Marketplace,” said Laura Morrison, Senior Vice President and Global Head of Exchange-Traded Products at BATS. “We appreciate Elkhorn’s unique and strategic approach to designing ETFs and look forward to providing solid market quality for this new product.”
Elkhorn was founded by ETF industry pioneer Ben Fulton and the firm seeks to design innovative investment solutions for the ETF marketplace. Additional information regarding the new Elkhorn ETF is available at www.elkhorn.com.
BATS had the lowest effective spread in 64% of the top 50 ETPs in November and remained the top exchange operator for ETF trading with 26.5% market share for the month. BATS has been the #1 U.S. market for ETF trading for every month of 2015 and the #2 U.S. market for overall equities trading.
Additional information regarding listing and trading on the BATS ETF Marketplace is available on the BATS website. ETF issuers interested in joining the many firms listing on BATS may email listings@bats.com.
