BATS Equities Market Share Up in June, Options Climb Too
Traders Magazine Online News, July 3, 2012
BATS Global Markets reported its U.S. equities matched market share totaled 11.5 percent in June, rising from 11.0 one year ago. The exchange operator saw an average daily matched volume of 789.7 million shares.
In an addendum, BATS noted the annual Russell Indexes rebalance on June 22 impacted its overall market share as this trading activity takes place on the listing exchanges. Excluding the Russell rebalance day, BATS U.S. equities market share for the month was 11.8 percent.
In June 2011, BATS saw an average daily matched volume of 798.6 million shares.
In June, BATS Options saw its matched market share climb to 3.5 percent, down from 2.8 percent one year ago. Average daily matched volume dropped 15.0 percent from year-ago levels with 536,990 contracts traded.
The BATS 1000 Index, a broad based U.S. equities market benchmark, ended the month up 564.91 points, or 3.8 percent, to close at 15,307.47.
BATS operates two stock exchanges in the U.S., the BATS BZX Exchange and BATS BYX Exchange; as well as BATS Options, a U.S. equity options market; and BATS Europe and Chi-X Europe, which operate FSA-authorized multilateral trading facilities.
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