BATS Global Markets, an innovative global financial markets technology company, reports BATS Exchange increased its share of US equities trading in February with 10.7% matched market share for the month, compared to 10.2% in January, and set new matched market share records in Tape B securities with 17% and Tape C securities with 11.8%.
BATS Exchange’s matched market share on its single US equities platform places it more than 1.5 billion shares ahead of combined monthly volume from the next closest US competitor’s three trading platforms.
Among top global equities market operators, BATS Exchange earned third place in January after NYSE and NASDAQ and ahead of exchanges based in Shanghai, Tokyo and London in terms of value of shares traded.
BATS Europe, the fast-growing Multilateral Trading Facility, again recorded strong monthly market share results in the FTSE 100 (8.1%), FTSE 250 (5.9%), FTSE MIB (5.6%) and CAC 40 (4.9%), and set new monthly records in the DAX (4.9%), AEX (4.9%), SMI (4.3%) and the overall European market (4.7%).
BATS Europe also earned record total average turnover of more than €1.73 billion (Integrated and Dark books) for the month.
“Our operations in the US and Europe continue to post strong results and we are especially pleased to have concluded a highly successful month with the launch of BATS Options on Friday,” said Joe Ratterman, CEO of BATS Exchange and BATS Global Markets.
Additional February Highlights:
- BATS Global Markets launched the BATS Options exchange in the US on February 26th.
- BATS Europe set new one-day records in notional value, with €2,759,303,052 traded on February 5th, and market share with 7.0% in the FTSE 250 on February 9th, the DAX with 5.8% on February 3rd and 7.0% in the SMI on February 24th.
- BATS Europe launched a pan-European smart order routing service on February 15th.
BATS Exchange February Volume & Market Share Summary:
- Average total handled volume of 1,081,518,526 shares daily (includes odd-lots)
- Average matched volume of 909,813,872 shares daily (excludes odd-lots)
- Average internal match rate of 85.8%
- Matched market share for Tape A securities of 8.1%
- Matched market share for Tape B securities of 17.0% (new record)
- Matched market share for Tape C securities of 11.8% (new record)
- Matched market share for all securities of 10.7%
- Total notional value traded of $511,848,147,931 (excludes odd-lots)
BATS Europe February Volume & Market Share Summary:
