Bats Global Markets, Inc. (BATS: BATS) today reported March data and highlights, which include the acquisition of ETF.com and the launch of the SPYIX volatility index.
Corporate highlights for March include:
- Bats remained the #1 U.S. market operator for ETF trading, executing 25.8% of all March volume.
- Bats remained the second-largest U.S. Equities market operator with 21.0% market share.
- In U.S. Options, Bats reported 10.3% market share for March.
- Bats also retained its position as the largest stock exchange in Europe with 21.8% market share and the largest trade reporting facility with €388.6 billion reported to BXTR.
- Hotspot, Bats’ institutional spot foreign exchange market, posted average daily volume of $25.5 billion in March.
- On March 8, Bats and T3Index announced the launch of the SPYIX (“the Spikes”), an index measuring expected 30-day volatility in the most actively traded security worldwide, the SPDR S&P 500 ETF (SPY).
- Bats acquired ETF.com, a provider of ETF data, news and analysis. The transaction closed on April 1 and ETF.com is now an independent subsidiary of Bats.
- On March 14, Bats successfully operated its U.S. markets from its Kansas City-area disaster recovery site. All of the 132 employees based at Bats’ global headquarters in Kansas City either reported to the site or worked remotely.
- In all, the Bats markets executed nearly $112 billion of notional value per day in March.
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