BATS Global Markets (BATS) today reported April volume, market share, and monthly highlights:
- BATS reported 20.7% U.S. equities market share in April, up from 10.9% a year ago.
- BATS Options reported 4.2% market share, up from 4.0% one year ago. Separately, BATS Options is the lead sponsor of the annual Options Industry Conference taking place in Austin, TX through May 2.
- In Europe, BATS Chi-X Europe reported overall market share of 21.4% with average daily notional value traded on the exchange up 11.8% versus March 2013. Over the course of the month €364bn of pan-European OTC trades were reported to BATS’ trade reporting facility, BXTR, setting a new record. In addition, BXTR posted a one day record of €24 billion of transactions on 24th April.
- In the U.S., BATS continued to make progress on the Direct Edge integration and on April 4 released the order entry and market data specifications that will be used for EDGA and EDGX within the NY5 data center when the company transitions these exchanges there in January 2015. The specifications and additional information is available at bats.com/edgeintegration and BATS will also share updates via its Twitter feed @BATSGlobal.
Additional highlights include:
- BATS Global Markets CEO Joe Ratterman spoke at the Milken Institute Global Conference on April 28 on the evolution of trading and financial markets.
- BATS Global Markets President William O’Brien spoke at the National Organization of Investment Professionals Spring Conference on April 28.
- BATS Chi-X Europe COO David Howson spoke at TradeTech 2014 on April 8 on the future of European venues.
