BATS Global Markets, an innovative global financial markets technology company, reports that BATS Exchange earned 10.83% US matched market share in July, the 25th consecutive increase from the same month in the previous year, while BATS Europe reported its second best monthly performance to date.
Based on rankings of global equity market operators, BATS Exchange maintains a strong third place after NYSE and NASDAQ, a position it has held for nine consecutive months. BATS Exchange continues to rank ahead of exchanges based in London, Shanghai and Tokyo in terms of notional value traded, executing $501.2 billion in total matched transactions in July after reaching $541.9 billion in June. (Note: rankings based on June 2009 World Federation of Exchanges data; July 2009 data not available at press time.)
BATS Europe, the fast-growing multilateral trading facility, reported a strong July performance in the FTSE 100 (4.65%), CAC 40 (5.31%) and DAX (3.65%), as well as new one-day market share records in the AEX (5.44% on the 2nd of July) and BEL 20 (4.86% on the 28th of July).
“We are pleased to end July on a very high note as we grow our customer bases globally and lend our voice to key market structure issues on both sides of the Atlantic,” said Joe Ratterman, CEO of BATS Exchange and BATS Global Markets. “Market share at BATS Exchange grew significantly from the previous month and, in Europe, our pricing special for select securities ended with terrific results as market share growth accelerated and many new participants joined our platform.”
For BATS Exchange, July US market share statistics:- BATS average total handled volume of 1,120,721,678 shares daily (includes odd-lots)
- BATS average matched volume of 946,988,130 shares daily (excludes odd-lots)
- BATS average internal match rate of 87.03%
- BATS matched market share for Tape A securities of 9.13% (fourth best month ever)
- BATS matched market share for Tape B securities of 15.34% (third best month ever)
- BATS matched market share for Tape C securities of 11.39%
- BATS matched market share for all securities of 10.83% (fourth best month ever)
- BATS total notional value traded of $501,190,731,494 (excludes odd lots)
Exhibit 1: BATS Exchange US Matched Market Share for all securities: July 2006 to July 2009
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Taking the top 25 U.S. stocks, ranked by total volume traded in all U.S. markets, BATS Exchange’s matched market share on a security by security basis for July was as follows:
|
Stock Name |
Total Industry
Volume |
BATS Matched Volume |
BATS Market Share |
|
C |
8,954,981,100 |
652,317,914 |
7.28% |
|
BAC |
6,736,272,199 |
540,657,358 |
8.03% |
|
SPY |
4,295,911,773 |
498,632,663 |
11.61% |
|
CIT |
2,779,807,482 |
192,810,072 |
6.94% |
|
XLF |
2,652,487,463 |
494,160,069 |
18.63% |
|
QQQQ |
2,575,934,000 |
402,178,911 |
15.61% |
|
GE |
2,107,728,011 |
170,542,333 |
8.09% |
|
F |
1,857,753,557 |
147,419,777 |
7.94% |
|
INTC |
1,726,213,414 |
227,725,504 |
13.19% |
|
FAZ |
1,590,836,423 |
213,162,412 |
13.40% |
|
WFC |
1,571,395,357 |
158,100,747 |
10.06% |
|
MSFT |
1,517,498,865 |
222,616,488 |
14.67% |
|
EEM |
1,515,310,600 |
258,832,558 |
17.08% |
|
FAS |
1,440,085,135 |
210,076,908 |
14.59% |
|
PFE |
1,158,342,645 |
118,700,073 |
10.25% |
|
ETFC |
1,150,517,024 |
122,675,460 |
10.66% |
|
CSCO |
1,139,918,852 |
161,997,485 |
14.21% |
|
JPM |
1,083,478,578 |
119,271,204 |
11.01% |
|
IWM |
1,013,242,413 |
209,441,999 |
20.67% |
|
UYG |
907,519,966 |
157,453,862 |
17.35% |
|
S |
888,472,212 |
71,971,341 |
8.10% |
|
SDS |
886,960,365 |
112,023,635 |
12.63% |
|
LVS |
849,926,345 |
70,015,484 |
8.24% |
|
UNG |
830,350,238 |
115,289,631 |
13.88% |
|
AA |
829,036,008 |
68,880,379 |
8.31% |
