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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, Reality Shares, to its U.S. market with the listing of the Reality Shares DIVCON Leaders Dividend ETF (BATS: LEAD). The issue began trading today on BATS.
“We are pleased to kick off 2016 by welcoming Reality Shares as a new issuer to The BATS ETF Marketplace as we continue to grow our ETF listings business,” said Laura Morrison, Senior Vice President and Global Head of Exchange-Traded Products at BATS. “We look forward to a strong partnership with the Reality Shares team.”
Reality Shares was launched in 2012 to help mitigate stock market volatility on investment portfolios and deliver fundamental solutions to market instability. “LEAD” is the first in a series of ETFs to be issued by Reality Shares based on forward expectations of large cap company dividend actions. A copy of the prospectus and additional information regarding the new Reality Shares ETFs is available at www.realityshares.com.
In terms of market quality, BATS had the lowest effective spread in 64% of the top 50 ETPs in December, according to the BATS market quality statistics, and remained the top exchange operator for ETF trading with 25.7% market share for the month. BATS was 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.
