BATS U.S. Equities Market Share Climbs in May, Options Flat

BATS Global Markets reported its U.S. equities matched market share totaled 11.7 percent in May, rising from 11.5 percent in April, and jumping up from 10.8 percent a year ago. The exchange operator saw an average daily matched volume of 830.6 million shares last month.

In April, BATS saw an average daily matched volume of 781.9 million shares.

In May, BATS Options saw its matched market share remain at 3.0 percent, unchanged from April but still up from 2.4 percent in March. However, average daily matched volume did rise 2.5 percent in May, with 501,649 contracts traded. April saw 488,878 contracts trade.

The options exchange had an average daily matched volume of 589,425 contracts one year ago.

Additionally, BATS Chi-X Europe capped its sixth straight month as the largest European market center by market share capturing 25.1 percent of that market share in May, up from 24.6 percent in April. One year ago the exchange had a 22.8 percent market share.

The BATS 1000 Index ended the month down 1079.57 points, or 6.8 percent, to close at 14.742.56.

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.