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BATS Global Markets, an innovative global financial markets technology company, announced today that BATS Europe surpassed 10% monthly market share in the FTSE 100 for the first time in April and achieved record average daily turnover of more than €2.1 billion for the month.
The fast-growing Multilateral Trading Facility (MTF) also earned new monthly market share records in the FTSE 250, SMI and OMXH25, as well as a new one-day turnover record of more than €3 billion traded for the first time on Wednesday, April 28th.
In the US in April, BATS Exchange earned 9.4% matched market share. Among top global equities market operators in March, BATS Exchange remained in 3rd place after NYSE and NASDAQ and ahead of exchanges based in Shanghai, Tokyo and London in terms of value of shares traded.
BATS also continued to make progress with its plans to go live with its second US equities exchange, BYX, this summer pending regulatory approval.
“BATS Europe continues to perform very well, using any metric, a strong testament to the willingness of European participants to embrace an innovative alternative to the incumbent exchanges. We thank our customers and other supporters for establishing us as a top-tier pan-European market center,” said Joe Ratterman, CEO of BATS Exchange and BATS Global Markets. “In the US, we continue to grow at BATS Options with volumes rising daily as more members come onboard and we roll out additional symbols for trading.
“Just as importantly, we have been encouraged by the quantity and quality of the responses submitted in regards to questions posed by the SEC in the equity market concept release, and we believe the comments from BATS add important evidence to the ongoing dialogue between regulators and industry participants,” he said.
BATS Exchange recently submitted its comment letter in response to questions posed in the Securities and Exchange Commission’s equity market structure concept release.
Additional April Highlights:
- Just seven weeks after launching, BATS Options matched a record 113,316 contracts on Friday, April 16th.
- The BATS Europe Dark Pool surpassed €100 million daily turnover for the first time on 20th April and, one week later, set a new daily turnover record with nearly €122 million traded.
- BATS Europe set new one-day market share records in the FTSE 100 (11.7%), FTSE 250 (8.7%) and OMXH25 (6.6%).
- The BATS 1000 IndexSM closed at 13,219.79 in April compared to 12,940.29 in March, an increase of 2.2%.
BATS Exchange April Volume & Market Share Summary:
- Average total handled volume of 1,119,238,724 shares daily (includes odd-lots)
- Average matched volume of 928,926,007 shares daily (excludes odd-lots)
- Average internal match rate of 84.7%
- Matched market share for Tape A securities of 7.2%
- Matched market share for Tape B securities of 16.3%
- Matched market share for Tape C securities of 10.7%
- Matched market share for all securities of 9.4%
- Total notional value traded of $584,398,937,558 (excludes odd-lots)
BATS Europe April Volume & Market Share Summary:
- Average daily notional value traded of €2,155,360,533 for all markets (new record)
- Average daily notional value traded of €77,264,427 for the BATS Europe Dark Pool (new record)
- Market share for FTSE 100 securities of 10.3% (new record)
- Market share for FTSE 250 securities of 7.2% (new record)
- Market share for FTSE MIB securities of 6.7%
- Market share for CAC 40 securities of 4.6%
- Market share for DAX 30 securities of 4.1%
- Market share for AEX securities of 5.0% (new record)
- Market share for BEL 20 securities of 3.3%
- Market share for SMI securities of 6.9% (new record)
- Market share for OMXH25 securities of 5.4% (new record)
- Market share for OMXH30 securities of 4.1%
- Market share for STOXX 50 securities of 5.9% (new record)
- Market share for all securities of 5.3%
