Bats Global Markets Reports 11.1% U.S. Equities Market Share U.S
Total Page:16
File Type:pdf, Size:1020Kb
BATS GLOBAL MARKETS REPORTS 11.1% U.S. EQUITIES MARKET SHARE U.S. OPTIONS MARKET SHARE REACHES RECORD 4.4%; EUROPE MARKET EARNS 5.5% OVERALL KANSAS CITY, Mo., and LONDON – August 1, 2011 – BATS Global Markets (BATS), a global operator of stock and options markets, today reported July matched market share of 11.1% for U.S. equities, 4.4% for U.S. options and 5.5% for pan-European equities trading. “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 Global Markets. BATS operates two stock exchanges in the U.S., the BATS BZX Exchange and BATS BYX Exchange; BATS Options; and BATS Europe, an FSA-authorised multilateral trading facility in Europe. July 2011 highlights for each of these markets are outlined below. BATS U.S. Equities: • BATS U.S. equities reported matched market share of 11.1% in July 2011 matching the same month one year ago. • BATS U.S. equities reported average daily matched volume of 774.5 million shares in July 2011. BATS Options: • BATS Options reported record matched market share of 4.4% in July 2011 with average daily matched volume of 664,010 contracts. • BATS Options reported one-day matched volume of 865,849 contracts on July 15, the highest matched volume day for the month. BATS Europe: • BATS Europe reported overall European market share of 5.5% in July versus 5.6% a year ago. • BATS Europe earned monthly market share records in the Brussels BEL20 with 6.3% and Oslo’s OBX with 5.7%. Additional company news: • On July 12, the boards of BATS and Chi-X Europe agreed to extend the terms of the proposed acquisition of Chi-X Europe by BATS in order to allow the UK Competition Commission (CC) to complete its review of the transaction. The proposed acquisition of Chi-X Europe by BATS was referred by the UK Office of Fair Trading to the CC in June and the review process is underway. • BATS Europe launched a preferred interoperable clearing program that allows participants the choice of a preferred clearer from three interoperating clearing counterparties (CCPs). • The BATS 1000SM Index marked its second anniversary on July 1 with its annual reconstitution. For the month, the Index was down 371.73 points, or 2.5%, to end at 14,773.58. The Index offers a listings-neutral, broad snapshot of the U.S. equities marketplace by tracking the performance of 1,000 securities classified in 10 important industry sectors. • Among global equities markets operators in June 2011, BATS remained the third-largest in the world after NYSE Euronext and NASDAQ in terms of value of shares traded, well ahead of competitors in Tokyo, China, London and Germany. In June, all three of BATS’ market centers ranked in the top 25 largest in the world, in terms of notional value traded: the BZX Exchange remained ranked #4, the BYX Exchange was ranked #15, and BATS Europe was ranked #25. (July 2011 information for international exchanges is not yet available.) BATS Global Markets July 2011 Volume / Page 2 A breakdown of July volume and market share for each market center is outlined below. To track U.S. and Europe market share for all major trading exchanges and other venues, please visit: U.S. Equities – http://batstrading.com/market_summary/ U.S. Options – http://www.batsoptions.com/market_summary/ European Equities – http://www.batstrading.co.uk/market_data/market_share/index/ U.S. Equities*: July 2011 July 2010** The BATS Exchanges (BZX & BYX combined) (In millions, except percentages) Average daily matched volume 774.5 911.6 Total notional value traded for the month $567,557.3 $577,723.4 Market share percentage (for the period): Tape A 9.1% 8.3% Tape B 15.4% 18.1% Tape C 12.3% 12.6% Overall matched market share 11.1% 11.1% Volume By Exchange: BZX Exchange: Average daily matched volume 620.1 911.6 Total notional value traded for the month $476,638.6 $577,723.4 Market share percentage (for the period): Tape A 6.7% 8.3% Tape B 13.6% 18.1% Tape C 10.0% 12.6% Overall matched market share 8.9% 11.1% BYX Exchange: Average daily matched volume 154.4 N/A Total notional value traded for the month $90,918.7 N/A Market share percentage (for the period): Tape A 2.3% N/A Tape B 1.8% N/A Tape C 2.2% N/A Overall matched market share 2.2% N/A *Volume and notional figures exclude odd-lots. **2010 figures reflect BZX volume only, as BYX was launched in October 2010. BATS Options: July 2011 July 2010 Contracts Market share Contracts Market share Average daily matched volume 664,010 4.4% 85,014 0.7% BATS Global Markets July 2011 Volume / Page 3 BATS Europe***: July 2011 July 2010 (In millions, except percentage) Average daily notional value matched €2,106.5 €1,823.1 Total notional value touched €45,962.9 €41,270.9 Average daily notional value for BATS Europe Dark Pool €156.9 €55.9 Pan-European market share percentage (for the period): Overall European market share 5.5% 5.6% STOXX 50 securities 6.0% 6.3% London market overall 7.4% 8.2% FTSE 100 securities 8.3% 8.6% FTSE 250 securities 7.2%2 6.2% Paris market overall 5.2% 4.6% CAC 40 securities 5.5% 5.1% CAC Next20 securities 5.7% 4.3% Frankfurt market overall 5.2% 4.8% DAX 30 securities 5.7% 5.2% MDAX securities 5.1% 3.4% Amsterdam market overall 5.2% 6.0% AEX securities 5.3% 6.1% Brussels market overall 6.5% 3.5% BEL 20 securities 6.3%1 3.7% Milan market overall 5.6% 6.7% FTSE MIB securities 5.7% 7.0% Zurich market overall 6.7% 7.1% SMI securities 7.1% 7.5% SMIM securities 4.3% 3.8% Nordic market overall 5.0% 4.5% Helsinki OMXH25 securities 6.0% 7.8% Stockholm OMXS30 securities 4.9% 5.5% Copenhagen OMXC20 securities 4.7% 1.9% Oslo OBX securities 5.7%1 1.0% Additional markets: Lisbon market overall 4.6% 1.0% Vienna market overall 1.3% 0.5% (1) New Record; (2) 2nd highest in firm history ***Figures represent consolidated figures (lit and dark books), unless otherwise noted. ### About BATS BATS Global Markets (BATS) is a leading operator of stock and options markets around the globe. BATS operates two stock exchanges in the U.S., the BATS BZX Exchange and BYX Exchange; BATS Options, a U.S. equity options market; and BATS Europe, an FSA-authorised multilateral trading facility in Europe. Each of these marketplaces is powered by BATS’ innovative and proprietary technology that was developed by a dedicated core team of market and technology professionals, catering to the needs of the broker-dealer and trading community. The company is headquartered in the Kansas City, Mo., area with additional offices in New York and London. For more information, visit www.batstrading.com. Contacts: MEDIA (U.S.): Stacie Fleming +1.913.815.7193 [email protected] MEDIA (Europe): Kelly Bailey +44.207.012.8950 [email protected] .