BATS June Daily Equity Trading Volume Down 3.4 Percent

BATS Global Markets said that its average daily matched volume was 1.12 billion shares in June, down 3.4 percent from May’s levels. May saw 1.16 billion shares executed on the venue.

However, it is up from one year ago, when 739.1 million shares changed hands. Compared to a year ago, volume is 34 percent higher.

In June BATS matched market share of its two national stock exchanges was 19.2 percent. That is off just slightly from 20.1 percent in May.

A year ago, BATS’ two exchanges had a 10.4 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 and as such can be used as an early indication of overall equities market volume.

For the month, average daily consolidated volume for the overall equities industry volume in the U.S. was 5.79 billion shares compared to 5.76 billion shares in May, according to BATS data.

In equities options, BATS Options saw its matched market share climb to 3.9 in June versus 3.8 in May. This is up 2.5 percent from May and compared to the 3.8 percent level seen one year ago. Average daily matched volume rose in June to 580,646 compared to 554,009 in May.

One year ago options volume was 669,966 contracts.

The BATS 1000 Index, a broad based U.S. equities market benchmark, ended the month at 21,139.22 or down 523.74 points , or off 2.4 percent higher from May. The index closed one year ago at 18,305.50.

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.