BATS Market Share Remains Level

BATS Global Markets reported Monday its matched market share for U.S. equities in July was flat compared with last year, holding steady at 11.1 percent.

The operator of the third-largest U.S. securities exchange saw an average daily matched volume of 774.5 million shares last month, down from 911.6 million shares in July 2010.

Though equities volumes were down all over, BATS has managed to make some progress in options, reporting a record matched market share of 4.4 percent in options, with an average daily matched volume of 664,010 contracts.

One year ago, BATS had only 0.7 percent of the market in options, with an average daily matched volume of 84,014 contracts.

“As we head into the second half of the year, we’re pleased to see continued growth in our options market as well as continued strong market share in our equities segment,” said Joe Ratterman, president and chief executive officer of BATS.

The firm’s market share in Europe was down somewhat to 5.5 percent in July, compared with 5.6 percent the previous year.

BATS is attempting to acquire Chi-X Europe. Regulators in the United Kingdom are currently reviewing the proposed deal.