.jpg)
BATS Global Markets (BATS) today reported July data and highlights including record market share of 10.8% for its U.S. options business, surpassing the previous record of 9.9% set in April 2015.
In U.S. options, BATS set a one-day record of 2.47 million contracts traded on July 24 and also set a oneday market share record of 11.8% on July 21. In July, BATS Options recorded eight of its top ten days on record in terms of market share.
In U.S. equities, BATS reported market share of 21.0% in July, up from 20.3% one year ago. Average daily matched volume on the BATS Exchanges was 1.41 billion shares, up from 1.16 billion shares one year ago. BATS also remained the #1 U.S. market for exchange-traded fund (ETF) trading in July, executing 25.9% of all ETF volume.
In Europe, BATS Chi-X Europe’s market share rose year-on-year in 12 of the 15 markets in which the exchange offers trading, with pan-European market share of 23.4%. In Europe, BXTR, the company’s trade reporting facility, also retained the #1 spot, with €401.1 billion reported, an average of €18.2 billion per trading day.
Hotspot, BATS’ institutional spot foreign exchange market, posted average daily volume of $23.5 billion in July vs. $24.0 billion one year ago. Total volume traded on Hotspot in July was $540.7 billion (23 trading days) vs. $551.6 billion one year ago (23 trading days).
In all, the BATS markets executed $110.5 billion of notional volume per day in July. BATS was the largest equities market operator globally handling more than $1,490.5 billion.
Click here for full details.
