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BATS Global Markets, an innovative global financial markets technology company, reports that BATS Exchange earned 9.46% US matched market share in September on its single trading platform, while BATS Europe reported record FTSE 100 market share of 7.21% for the month.
BATS Europe also hit a new intraday market share record on Sept. 25th with more than 10% of the FTSE 100 and earned 3.30% of the European market overall, its second-highest pan-European market share figure to date, nearly surpassing the previous record of 3.32% set in June. New one-day record highs were recorded for the FTSE 100 (8.7%), FTSE 250 (5.9%) and FTSE MIB (3.9%).
“Our team continues to deliver strong results globally as we expand our offerings and services,” said Joe Ratterman, CEO of BATS Exchange and BATS Global Markets. “In Europe, we are excited by the results of the UK September inverted pricing special. Plans are underway for continued innovation in both pricing and technology as BATS Europe approaches its one-year milestone.
“Domestically, we are also very pleased with this week’s successful launch of the BATS 1000 Index as an exchange-sponsored, listings-neutral US broad market indicator and look forward to the opportunities that the index will bring as we continue Making Markets Better in the US and abroad. And, as always, we continue to thank our customers and investors for their terrific support,” he said.
Among other significant milestones in September, BATS also:- Launched the BATS 1000SM Index, a US-listed securities benchmark based on the performance of 1000 US securities in 10 equally-weighted sectors using a new sector classification system designed by BATS Exchange.
- Announced plans to launch a second US equities exchange, also early in 2010, providing customers with additional pricing flexibility.
BATS Exchange will soon file its rule set with the Securities and Exchange Commission to launch a licensed US options exchange in early 2010.
BATS Exchange September 2009 US Highlights:
- BATS average total handled volume of 1,039,413,201 shares daily (includes odd-lots)
- BATS average matched volume of 896,960,195 shares daily (excludes odd-lots)
- BATS average internal match rate of 84.34%
- BATS matched market share for Tape A securities of 8.08%
- BATS matched market share for Tape B securities of 13.91%
- BATS matched market share for Tape C securities of 9.79%
- BATS matched market share for all securities of 9.46%
- BATS total notional value traded of $461,669,809,513 (excludes odd lots)
BATS Europe September 2009 Highlights:
- BATS Europe average daily notional value traded of €1,027,173,584 for all markets
- BATS Europe market share for FTSE 100 securities of 7.21%
- BATS Europe market share for FTSE 250 securities of 4.11%
- BATS Europe market share for CAC 40 securities of 4.22%
- BATS Europe market share for DAX 30 securities of 3.32%
- BATS Europe market share for AEX securities of 4.15%%
- BATS Europe market share for all securities of 3.30%
Exhibit 1: BATS Exchange US Matched Market Share for all securities: Sept. 2006 to Sept. 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 September was as follows:
|
Stock
Name |
Total
Industry Volume |
BATS
Matched Volume |
BATS
Market Share |
|
C |
16,725,768,662 |
1,630,787,707 |
9.75% |
|
BAC |
3,697,809,821 |
298,467,838 |
8.07% |
|
SPY |
3,685,233,500 |
434,490,366 |
11.79% |
|
ETFC |
2,973,300,517 |
273,990,079 |
9.22% |
|
GE |
2,640,825,508 |
187,636,036 |
7.11% |
|
FNM |
2,487,068,428 |
162,289,193 |
6.53% |
|
XLF |
2,122,673,519 |
403,184,098 |
18.99% |
|
QQQQ |
2,081,049,430 |
360,054,720 |
17.30% |
|
CIT |
1,695,969,972 |
108,198,582 |
6.38% |
|
FAZ |
1,645,494,178 |
215,437,559 |
13.09% |
|
F |
1,400,523,499 |
97,117,654 |
6.93% |
|
EEM |
1,400,112,151 |
239,457,703 |
17.10% |
|
FRE |
1,315,380,576 |
81,992,515 |
6.23% |
|
S |
1,260,859,050 |
105,418,806 |
8.36% |
|
AIG |
1,139,888,950 |
79,990,257 |
7.02% |
|
LVS |
1,090,858,544 |
82,389,156 |
7.55% |
|
INTC |
1,060,249,078 |
144,501,591 |
13.63% |
|
MGM |
1,048,088,766 |
75,301,553 |
7.18% |
|
MSFT |
1,032,201,490 |
141,805,344 |
13.74% |
|
CSCO |
1,027,839,381 |
124,168,336 |
12.08% |
|
IWM |
957,959,491 |
172,287,858 |
17.98% |
|
PFE |
905,944,899 |
76,371,300 |
8.43% |
|
WFC |
860,097,702 |
82,698,505 |
9.62% |
|
UNG |
853,188,796 |
66,671,757 |
7.81% |
|
SIRI |
851,508,102 |
10,765,047 |
1.26% |
