BATS Global Markets, an innovative global financial markets technology company, reports that BATS Exchange increased its US matched market share in January to 10.2%, compared to 9.3% in December 2009, and set a new market share record in Tape B securities with 16.6%.
BATS Europe, the fast-growing Multilateral Trading Facility (MTF), finished its best month to date with new market share records in the FTSE 100 (8.4%), FTSE 250 (5.9%), FTSE MIB (6.8%), SMI (3.6%), STOXX 50 (5.1%) and the overall European market (4.6%).
BATS Europe also set records for average daily turnover in its Dark Pool of more than €52 million and total average turnover of €1.57 billion (Integrated and Dark books) for the month.
“With a strong start to 2010 in the US and Europe, we are pleased that our customers globally are benefiting from additions and improvements that have enhanced the BATS systems over the last year,” said Joe Ratterman, CEO of BATS Exchange and BATS Global Markets. “Backed by a tradition of superior technology, we are focused on bringing more exciting innovation and functionality to market participants in the coming months.
“We are also excited to soon begin making markets better in the Options space, having obtained SEC approval to launch BATS Options at the end of February,” he said. “We thank our clients, investors and supporters in the industry and look forward to the challenges and opportunities ahead.”
Additional January Highlights :
- BATS Exchange received SEC approval to operate a US equity options trading platform and plans to go live with options trading on February 26th.
- BATS Europe set five notional marks from 19th January through the 28th, including a one-day notional record of €2,216,966,182 traded on 28 th January, and recorded new one-day market share highs in the FTSE 100 (10%), FTSE MIB (9.9%) and the pan-European market (5.0%) on 19th January.
- BATS Europe announced plans to launch a pan-European smart order routing service for access to multiple market centers on February 15th.
BATS Exchange January Volume & Market Share Summary:
- Average total handled volume of 1,444,446,212 shares daily (includes odd-lots)
- Average matched volume of 933,489,879 shares daily (excludes odd-lots)
- Average internal match rate of 85.3%
- Matched market share for Tape A securities of 7.8%
- Matched market share for Tape B securities of 16.6% (new record)
- Matched market share for Tape C securities of 11.4%
- Matched market share for all securities of 10.2%
- Total notional value traded of $505,850,989,112 (excludes odd-lots)
BATS Europe January Volume & Market Share Summary:
- Average daily notional value traded of €1,575,331,036 for all markets (new record)
- Average daily notional value traded of € 52,451,365 million for the BATS Europe Dark Pool (new record)
- Market share for FTSE 100 securities of 8.4% (new record)
- Market share for FTSE 250 securities of 5.9% (new record)
- Market share for FTSE MIB securities of 6.8% (new record)
- Market share for CAC 40 securities of 4.0%
- Market share for DAX 30 securities of 4.7%
- Market share for AEX securities of 4.2% (second highest month ever)
- Market share for BEL 20 securities of 3.1%
- Market share for SMI securities of 3.6% (new record)
- Market share for STOXX 50 securities of 5.1% (new record)
- Market share for all securities of 4.6% (new record)