-- U.S. Equities Market Share 10.4%; U.S. Options
3.8%
KANSAS CITY, Missouri. and
LONDON, June 6, 2013 /PRNewswire/ -- BATS Global Markets
(BATS) today reported that BATS Chi-X Europe set a monthly market
share record of 14.0% for Spain's
IBEX 35 while also establishing a one-day record of 34.6% in
Sweden's OMXS30 Index.
(Logo: http://photos.prnewswire.com/prnh/20120109/CG31847LOGO
)
BATS Chi-X Europe also earned 8.1% market share in Depositary
Receipts (DR) trading, exceeding its previous record of 7.1% set
last month. BATS Chi-X Europe offers trading in more than 50 DRs
from 12 markets including Russia,
India and South Korea. The average daily notional value
traded of DRs on BATS Chi-X Europe in May was €38.5 million vs
€41.5 million in April.
Overall, BATS Chi-X Europe recorded market share of 22.4%,
in-line with April. Average daily notional value was €7.1 billion
in May vs €7.8 billion in April.
BATS' U.S. equities market share was 10.4% in May vs 10.9% in
April. BATS Options recorded 3.8% market share in May compared to
4.0% in April.
"May was a major step forward for the company with BATS Chi-X
Europe garnering Recognised Investment Exchange status, a key
milestone for the largest stock market in Europe," said Joe
Ratterman, chief executive of BATS Global Markets. "With
another new Spanish market share record and the growth in the
Swedish market, we're pleased to see our vision for a single
European market continue to progress."
In the U.S., overall equities industry volumes was 6.4 billion
shares in May, matching the previous month. In the European
securities markets covered by BATS Chi-X Europe, the total
consolidated industry average daily notional value traded was €32.0
billion in May, down from €34.9 billion in April.
Additional May Highlights:
- Effective May 20, BATS Chi-X
Europe received Recognised Investment Exchange status, allowing the
exchange to operate a Regulated Market for primary listings, while
being accessible to a greater number of investors across
Europe, particularly those that
are obligated to send client orders for stocks to a RIE or
equivalent.
- During May, the BATS BZX Exchange ranked 1st or 2nd with
regards to effective spread in 372 of the 500 stocks that make up
the S&P 500® Index according to the BATS market quality
statistics. The BZX Exchange also had the lowest effective spread
in 13 of the top 25 exchange traded products.
- The BATS Exchange welcomed ProShares High Yield-Interest Rate
Hedged ETF (Symbol: HYHG), which began trading on May 23. There are now 19 ETFs listed on BATS
Exchange.
May 2013 Volume and Market
Share Summary
|
|
U.S. Equities
|
May 2013
|
|
Overall
Industry – Average Daily Consolidated Volume
|
6.4 billion shares
|
|
BATS
Exchanges (BZX and BYX Exchange) – Matched Market Share
|
10.4%
|
|
BATS
Exchanges (BZX and BYX Exchange) – Average Daily Matched
Volume
|
660.2 million shares
|
|
U.S. Equity
Options
|
|
|
BATS
Options – Matched Market Share
|
3.8%
|
|
BATS
Options – Average Daily Matched Volume
|
658,045 contracts
|
|
European Equities
|
|
|
Pan-European Total Consolidated Volume[1] – Average Daily Notional
Value
|
€32.0 billion
|
|
BATS
Chi-X Europe – Overall European Market Share
|
22.4%
|
|
BATS
Chi-X Europe – Total Notional Value Traded
|
€164.8 billion
|
|
BATS
Chi-X Europe – Average Daily Notional Value
|
€7.1 billion
|
|
|
|
| |
[1] Based on BATS Chi-X Europe market coverage, available
at www.batstrading.co.uk
Volume and Market Share Statistics by Market – U.S. Equities,
U.S. Equity Options, European Equities
A complete breakdown of May volume and market share for each
market center is outlined below. To track U.S. and European market
share for all major trading exchanges and other venues, please
visit: http://www.bats.com/markets
|
|
U.S. Equities (The BATS
Exchanges)
|
|
|
May
2013
|
|
May
2012
|
|
The BATS Exchanges (BZX &
BYX combined)
|
(In
millions, except percentages;
volume and notional figures
exclude odd-lots)
|
|
Average
daily matched volume
|
660.2
|
|
830.6
|
|
Total
notional value traded for the month
|
$549,251.6
|
|
$609,216.6
|
|
Market share percentage (for the
period):
|
|
|
|
|
Overall matched market share
|
10.4%
|
|
11.7%
|
|
Tape A
|
9.0%
|
|
10.3%
|
|
Tape B
|
14.2%
|
|
15.0%
|
|
Tape C
|
10.8%
|
|
12.5%
|
|
|
|
|
|
|
Volume By
Exchange:
|
|
|
|
|
BZX Exchange:
|
|
|
|
|
Average daily
matched volume
|
539.1
|
|
618.0
|
|
Total
notional value traded for the month
|
$455,042.9
|
|
$478,562.0
|
|
Market share percentage (for the
period):
|
|
|
|
|
Overall matched market share
|
8.5%
|
|
8.7%
|
|
Tape A
|
7.2%
|
|
7.3%
|
|
Tape B
|
11.8%
|
|
12.2%
|
|
Tape C
|
9.0%
|
|
9.7%
|
|
|
|
|
|
|
BYX Exchange:
|
|
|
|
|
Average
daily matched volume
|
121.1
|
|
212.6
|
|
Total
notional value traded for the month
|
$94,208.7
|
|
$130,654.6
|
|
Market share percentage (for the
period):
|
|
|
|
|
Overall matched market
share
|
1.9%
|
|
3.0%
|
|
Tape A
|
1.8%
|
|
3.0%
|
|
Tape B
|
2.4%
|
|
2.8%
|
|
Tape C
|
1.8%
|
|
3.1%
|
|
|
|
|
|
|
BATS 1000 Index
|
18,305.50
|
|
14,742.56
|
|
(a broad-based U.S. equities
market benchmark)
|
(05/31/13
close)
|
|
(05/31/12
close)
|
|
|
|
|
|
| |
|
|
|
|
U.S. Equity Options (BATS
Options)
|
|
|
May
2013
|
|
May
2012
|
|
|
Contracts
|
Market
share
|
|
Contracts
|
Market
share
|
|
Average daily matched
volume
|
658,045
|
3.8%
|
|
501,649
|
3.0%
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
European Equities[2] (BATS Chi-X
Europe)
|
|
|
|
|
|
May
2013
|
|
May
2012
|
|
|
(In
millions, except percentage)
|
|
Total notional
value
|
€164,868.0
|
|
€183,964.0
|
|
Average daily notional
value
|
€7,168.2
|
|
€7,998.4
|
|
Displayed average daily notional value
|
€6,585.7
|
|
€7,593.1
|
|
Non-displayed[3] average
daily notional value
|
€582.5
|
|
€405.3
|
|
Overall European market
share
|
22.4%
|
|
25.1%
|
|
|
|
|
|
| |
|
|
|
|
Market share by market (for the
period):
|
|
|
May
2013
|
|
May
2012
|
|
London market
overall
|
26.5%
|
|
31.1%
|
|
FTSE 100
securities
|
29.7%
|
|
35.7%
|
|
FTSE 250
securities
|
19.9%
|
|
27.1%
|
|
|
|
|
|
|
Paris market
overall
|
22.0%
|
|
26.6%
|
|
CAC 40
securities
|
23.6%
|
|
28.1%
|
|
CAC Next20
securities
|
15.8%
|
|
26.4%
|
|
|
|
|
|
|
Frankfurt market
overall
|
25.5%
|
|
26.0%
|
|
DAX 30
securities
|
27.8%
|
|
27.3%
|
|
MDAX securities
|
20.1%
|
|
27.6%
|
|
|
|
|
|
|
Amsterdam market
overall
|
21.3%
|
|
29.6%
|
|
AEX securities
|
22.2%
|
|
30.5%
|
|
AMX securities
|
16.0%
|
|
21.3%
|
|
|
|
|
|
|
Brussels market
overall
|
19.0%
|
|
22.9%
|
|
BEL 20
securities
|
21.1%
|
|
24.0%
|
|
|
|
|
|
|
Milan market
overall
|
11.9%
|
|
14.1%
|
|
FTSE MIB
securities
|
12.6%
|
|
15.1%
|
|
|
|
|
|
|
Zurich market
overall
|
21.2%
|
|
24.9%
|
|
SMI securities
|
23.1%
|
|
26.6%
|
|
SMIM securities
|
15.4%
|
|
16.6%
|
|
|
|
|
|
|
Nordic market
overall
|
25.5%
|
|
24.4%
|
|
Helsinki OMXH25
securities
|
26.7%
|
|
26.9%
|
|
Stockholm OMXS30
securities
|
29.5%
|
|
28.1%
|
|
Copenhagen OMXC20
securities
|
22.1%
|
|
21.0%
|
|
Oslo OBX
securities
|
19.8%
|
|
20.1%
|
|
|
|
|
|
|
Vienna market
overall
|
13.6%
|
|
17.6%
|
|
ATX securities
|
14.0%
|
|
17.9%
|
|
|
|
|
|
|
Lisbon market
overall
|
10.2%
|
|
13.8%
|
|
PSI-20 securities
|
10.3%
|
|
13.9%
|
|
|
|
|
|
|
Dublin market
overall
|
4.1%
|
|
3.3%
|
|
ISEQ 20 securities
|
4.1%
|
|
3.3%
|
|
|
|
|
|
|
Madrid market
overall
|
13.7%
|
|
5.8%
|
|
IBEX 35 securities
|
14.0%
|
|
5.8%
|
|
|
|
|
|
|
Key Indices
EUROSTOXX 50 securities
|
22.5%
|
|
26.8%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
[2] Represent consolidated figures for BATS Europe (BXE) and
Chi-X Europe (CXE) lit and dark books, unless otherwise
noted.
[3] BXE and CXE non-displayed order books.
About BATS Global Markets, Inc.
BATS Global Markets, Inc. (BATS) is a leading operator of
securities markets in the U.S. and Europe, operating two stock exchanges in the
U.S., the BATS BZX Exchange and BYX Exchange; BATS Options, a U.S.
equity options market; and BATS Chi-X Europe, a Recognised
Investment Exchange and the largest pan-European equities exchange
by market share and value traded. BATS' innovative and proprietary
technology was developed by a dedicated core team, catering to the
needs of the trading community. The company is headquartered in the
Kansas City, Mo. area, with
additional offices in New York and
London. For more information,
visit www.bats.com.