BATS December Equities Market Share Up, Options Off Slightly

BATS Global Markets reported earlier this week its U.S. equities matched market share totaled 11.2 in December, down slightly from 11.5 percent in November, but up from 9.5 percent a year ago. The exchange operator saw an average daily matched volume of 710.7 million shares.

The exchange operator in November saw an average daily matched volume of 843.6 million shares.

According to Rosenblatt Securities’ latest report, BATS BYX monthly consolidated volume was 2.42 percent for November, up from 2.32 percent in October.

BATS Options saw its matched market share come in at 2.1 percent in December, off from the 3.1 percent level achieved in November, up from 0.7 percent from one year ago. BATS Options had an average daily matched volume of 345, 880 contracts last month, with 524,998 contracts traded on December 16.

On November 11, BATS Options traded a whopping 1,133,906 contracts.

In other company news, BATS BZX Exchange, became a U.S. primary listings venue on December 2, providing issuers a new market to list their stocks. To support its new listings business, BATS announced on December 19 that it had filed a proposal with the U.S. Securities and Exchange Commission to establish an Competitive Liquidity Provider -CLP– program.

 The CLP program, which is subject to regulatory approval, is a rewards based program designed to incent market makers to increase liquidity and create tighter spreads for each listing on the BATS Exchange