BATS Global Markets today reported volume, market share, and monthly highlights for its options business, BATS Options, including record market share of 9.9%, up from the previous record of 9.4% set in March 2015 and 4.2% one year ago.
Additional monthly highlights include:
- The BATS BZX Options Exchange was the largest maker-taker options exchange in April. The exchange also set a new one-day market share record on April 29th reporting 11.4% market share.
- On April 16, BATS announced it filed rules to launch a second options exchange – EDGX Options – with the Securities and Exchange Commission. The new exchange will be based on a customer priority/pro rata allocation model.
- On April 13, BATS successfully migrated its U.S. options exchange from the NJ2 data center in Weehawken, NJ to the Equinix NY5 data center in Secaucus, NJ.
- The five most actively-traded options classes on BZX Options during April were the Standard & Poor’s Depositary Receipt ETF Trust (SPY), Apple Inc. (AAPL), Facebook Inc. (FB), iShares Russell 2000 Index ETF (IWM), and Twitter Inc. (TWTR).
- On April 10, BATS successfully operated its U.S. business, including its U.S. equity options market, from its disaster recovery site as part of the company’s business continuity planning process.
“April was a milestone month for BATS’ options business as we continued to set new records and we can’t thank our customers enough for their support,” said Bryan Harkins, Executive Vice President and Head of U.S. Markets at BATS. “We’re excited to build upon this momentum with the launch of EDGX Options later this year which will enable us to bring our innovative technology, price leadership, and services to a new segment of the options market that we haven’t had the opportunity to serve through our BZX Options exchange.”
Click here for full details.
