BATS August Equities Market Share Hits Record, Options Climb

BATS Global Markets reported its U.S. equities matched market share totaled 12.8 percent in August, moving higher from 12.3 percent in July, and matching the 12.3 percent seen one year ago.  The exchange operator saw an average daily matched volume of 693 million shares during the month, off from 750 million shares traded in July. 

In a release, BATS said its BATS U.S. cash equities market share of 12.8 percent was the company’s best since the company’s inception six years ago. U.S. equities market share was driven by growth in the BYX Exchange which set also set a monthly record with 3.7% market share, according to a spokesperson.

In August2011, BATS saw an average daily matched volume of 1303.8million shares.

In August, BATS Options saw its matched market share creep higher to 3.7 percent, up from 3.6 in July, and match levels seen one year ago. Average daily matched volume nosedived 44 percent to 485,935 shares from year-ago levels when 866,843 contracts traded.

The BATS 1000 Index, a broad based U.S. equities market benchmark, ended the month up 243.25 points, or 1.5 percent higher, to close at 15,740.69.

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.