BATS' Trading Volume Climbs In January
Traders Magazine Online News, February 5, 2013
BATS Global Markets said that its average daily matched volume was 754.3 million shares in January, up 5.8% from the 712.9 million share level in December.
That remains below the 787.7 million shares that changed hands in November.This is also down still from 796.4 million shares in October and 806.5 million shares in September.
Volume also is down 1.6% from one year ago, when 766.6 million shares changed hands in January.
BATS typically is the first to report its volume for a given month, acting as a leading indicator of shifts.
In January BATS matched market share of its two national stock exchanges totaled 11.7 percent. That is down from 11.9 percent in December.
A year ago, BATS' two exchanges had an 11.1 percent share of trading in equities in the United States.
BATS is typically the first exchange operator to report its monthly market share and volume figures.
In equities options, BATS Options saw its matched market share also rise to 3.9 percent from 3.5 percent in December and 3.6 percent in November. That is up 30 percent from the 3.0 percent seen one year ago. Average daily matched volume rose in January to 647,602 from 538,725 in December.
One year ago options volume was 483,050 contracts.
The BATS 1000 Index, a broad based U.S. equities market benchmark, ended the month up 892.63 points, or 5.5 percent higher, closing at 16,937.62 vs 16,044.99 in December.
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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