BATS Global Markets Announces June Volumes

KANSAS CITY, Mo. and LONDON, July 1 /PRNewswire/ -- BATS Global Markets, an innovative financial markets technology company, announced that BATS Exchange set a monthly matched market share record in Tape B securities for the second consecutive month, while BATS Europe set new monthly market share records in several different indices in June.

(Logo:  http://photos.prnewswire.com/prnh/20100701/CG29735LOGO)

(Logo:  http://www.newscom.com/cgi-bin/prnh/20100701/CG29735LOGO)

BATS Exchange earned US overall matched market share of 11.0% in June, as well as a record high of 17.9% in Tape B.

The fast-growing BATS Europe MTF set new monthly market share records in Switzerland's SMI (8.0%), Amsterdam's AEX (5.9%), Helsinki's OMXH25 (6.3%) and Stockholm's OMXS30 (4.5%). BATS Europe also earned 5.3% overall European market share, matching the record set in April.

BATS Europe also maintained strong FTSE 100 market share with 8.5% and currently accounts for more than 5% of the market in seven major European indices (FTSE 100, FTSE 250, CAC 40, SMI, AEX, OMXH25 and STOXX 50).

Among top global equities market operators in May, BATS Exchange remained in 3rd place after NYSE and NASDAQ and well ahead of exchanges in Tokyo, Shanghai and London in terms of value of shares traded.

"Our growth in continental Europe and major market share pickup in the US are terrific signs as we enter the second half of 2010," said Joe Ratterman, CEO of BATS Global Markets and BATS Exchange. "We remain on track with our BATS Options platform and are progressing toward the launch of our BYX equities exchange platform as well.

"We also continue to work with the other US exchanges and regulators in support of market-wide mechanisms, such as trading limits, which we believe are a better long-term solution for eliminating erroneous trades, facilitating orderly markets and enhancing investor confidence in our market system," he said.

Additional June Highlights:

• After launching only four months ago, BATS Options hit a new one-day touched market share record of 1.2% on Friday, June 4th. The BATS Options rollout was completed in May.
• BATS Europe set new one-day market share records in the SMI (10.0% on June 23rd) and OMXH25 (7.7% on June 30th), and launched the BATS+ Primary smart order routing strategy as well as reduced fees for routing to the London Stock Exchange to 0.28 bps from 0.50 bps.  
• BATS began distributing BATS 1000(SM) Index information via the Consolidated Tape System (CTS) with index ticker BATSK today, Thursday, July 1st. The BATS 1000 Index closed at 11,495.85 in June compared to 12,182.36 in May and has undergone its first reconstitution, the results of which will be announced next week.

BATS Exchange June Volume & Market Share Summary:

• Average total handled volume of 1,175,635,509 shares daily (includes odd-lots)
• Average matched volume of 1,016,369,283 shares daily (excludes odd-lots)
• Average internal match rate of 88.6%

• Matched market share for Tape A securities of 8.2%
• Matched market share for Tape B securities of 17.9% (new record)
• Matched market share for Tape C securities of 12.4%
• Matched market share for all securities of 11.0%
• Total notional value traded of $669,458,163,766 (excludes odd-lots)

BATS Europe June Volume & Market Share Summary:

• Average daily notional value traded of euro 1,998,774,304 for all markets
• Average daily notional value traded of euro 50,336,461 for the BATS Europe Dark Pool

• Market share for FTSE 100 securities of 8.5%
• Market share for FTSE 250 securities of 6.2%
• Market share for FTSE MIB securities of 4.8%
• Market share for CAC 40 securities of 5.3%
• Market share for DAX 30 securities of 4.9% (matches record set in February 2010)
• Market share for AEX securities of 5.9% (new record)
• Market share for BEL 20 securities of 3.7%
• Market share for SMI securities of 8.0% (new record)
• Market share for OMXH25 securities of 6.3% (new record)
• Market share for OMXS30 securities of 4.5% (new record)
• Market share for STOXX 50 securities of 5.9%
• Market share for all securities of 5.3% (matches record set in April 2010)

About BATS

BATS Global Markets (BATS) is an innovative global financial markets technology company headquartered in the Kansas City, Mo., area with additional offices in New York and London. The BATS platform was launched in January 2006 and, operating as BATS Exchange, Inc., is a premier destination among the top ranked equity markets in the United States. BATS serves the European market through its London based, FSA-authorised subsidiary, BATS Europe, which operates a Multilateral Trading Facility for European securities. Most recently, BATS launched a US equity options market, BATS Options, and expects to launch a second US equities exchange, BYX, in 2010. The BATS platform is internally developed by a dedicated core team of market and technology professionals, catering to the needs of the broker-dealer and trading community. BATS ... Making Markets Better.

SOURCE BATS Global Markets

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED