BATS Global Markets (BATS) today reported May data and highlights including the company’s best market share month since October 2013 in European equities and the second-best month in U.S. options.
BATS reported 9.7% market share in U.S. options, up from 3.8% one year ago. In U.S. equities, BATS reported market share of 21.2%, its third-best month on record, while BATS remained the #1 U.S. market for exchange-trade fund (ETF) trading in May, executing 26.1% of all ETF trading volume.
In Europe, BATS Chi-X Europe continued an exceptionally strong run with 24.4% market share. Year-on- year figures rose in 14 of the 15 markets in which the exchange offers trading. The exchange recorded its best-ever month in Spain with IBEX35 market share of 23.5%, up from 14.0% year-on-year.
In Europe, BXTR, the company’s trade reporting facility, also retained the #1 spot, and recorded its second-best month ever with €480.2 billion reported, an average of €22.9 billion per trading day.
Hotspot, BATS’ institutional spot foreign exchange market, posted average daily volume of $26.8 billion in May, up from $25.9 billion one year ago. As of June 1st, Hotspot has eliminated liquidity removal fees for customers in more than 30 select currency pairs on the “Hot List” until at least year-end 2015.
In all, the BATS markets executed $117.9 billion of notional volume per day in May.
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