BATS Global Markets reported that BATS Exchange doubled its May average matched daily volume compared to a year ago, while BATS Europe continues to set market share records just seven months since its launch.
In May 2009, BATS Exchange executed 1.151 billion shares per day on its book, compared to 576 million shares in May 2008. The Exchange earned 10.24% matched market share in May compared to 8.48% in May 2008, the 23rd consecutive increase from the same month in the previous year.
BATS Exchange maintains a strong third place after NYSE and NASDAQ, for the last eight consecutive months, and ahead of exchanges based in Shanghai, Tokyo and London in terms of notional value traded. (Rankings based on April 2009 data from the World Federation of Exchanges; May 2009 data not available at press time.) BATS executed $569.6 billion in total matched transactions during the month of April and $531.4 billion in May.
BATS Europe also reached new records on June 2 with 6.22% market share in the CAC 40, 5.17% in the FTSE 100, 4.90% in the AEX25 and 3.58% in the BEL20. The same day, notional value traded on BATS Europe reached a new record high with nearly €1 billion.
For BATS Exchange, May US market share statistics:- BATS average total handled volume of 1,316,755,327 shares daily (includes odd-lots)
- BATS average matched volume of 1,151,059,236 shares daily (excludes odd-lots)
- BATS average internal match rate of 85.33%
- BATS matched market share for Tape A securities of 8.57%
- BATS matched market share for Tape B securities of 14.03%
- BATS matched market share for Tape C securities of 10.80%
- BATS matched market share for all securities of 10.24%
- BATS matched market share in notional value, or dollar value traded, of 11.17%
- BATS total notional value traded of $531,411,911,015 (excludes odd lots)
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