KANSAS CITY, Mo., NEW YORK & LONDON--(BUSINESS WIRE)--Bats Global Markets, Inc. (Bats: BATS) today reported September data and highlights, including its second-best month on record for its U.S. options business, with 11.7% market share.
Highlights for September include:
- Announcing a transaction agreement with CBOE Holdings under which CBOE will acquire Bats to create one of the largest market operators around the globe.
- Remaining the #1 U.S. market operator for ETF trading, executing 24.7% of all volume during the month. In addition, Bats has won 25% of all new U.S. ETF listings year-to-date vs only 9% for full-year 2015;
- Maintaining its position as the second-largest U.S. Equities market operator with 20.9% market share;
- Retaining its position as the largest European stock exchange with 22.7% market share and the largest trade reporting facility with €347.5 billion reported to BXTR for the month;
- Reporting 15.3% market share in single-leg equity options trades for the month;
- Recording more than $112 billion of notional value per day touched by the Bats markets in September, including trades reported to BXTR.
September 2016 Volume and Market Share Overview
U.S. Equities (Bats Exchanges – BZX, BYX, EDGA, EDGX) |
September 2016 |
||
Bats Exchanges – Overall market share | 20.9% | ||
Bats Exchanges – Average daily matched volume (shares) | 1.47 billion | ||
Overall Industry – Average daily consolidated volume (shares) | 7.07 billion | ||
U.S. Equity Options (Bats Options – BZX Options + EDGX Options) | |||
Bats Options – Overall market share | 11.7% | ||
Bats Options – Average daily matched volume (contracts) | 1,947,236 | ||
Overall Industry – Avery daily consolidated volume (contracts) | 16,655,012 | ||
Foreign Exchange (Bats Hotspot) | |||
Total volume traded | $621.8 billion | ||
Average daily volume (ADV) | $28.3 billion | ||
European Equities (Bats Europe Equities ) | |||
Bats Europe – Overall European market share | 22.7% | ||
Bats Europe – Average daily notional value | €9.4 billion | ||
Pan-European Consolidated Volume1 – Average daily notional value |
€41.6 billion | ||
European Trade Reporting (BXTR) | |||
BXTR – Total notional value reported | €347.5 billion | ||
BXTR – Average daily notional value reported | €15.8 billion |
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1 Based on Bats Europe market coverage, available
at batstrading.co.uk
Highlights for the month of September are outlined below by business line.
U.S. EQUITIES: Bats Exchanges (BYX, BZX, EDGA, EDGX) Volume & Market Share
Sept 2016 | Sept 2015 | |||||
Bats Exchanges – Overall market share | 20.9% | 22.0% | ||||
Bats Exchanges – Average daily volume traded (shares) | 1.47 billion | 1.62 billion | ||||
Bats Exchanges – Average daily notional value traded | $55.7 billion | $60.3 billion | ||||
Bats Exchanges – Total notional value traded for month | $1.17 trillion | $1.27 trillion | ||||
Bats Exchanges market share – Tape A securities | 19.0% | 18.9% | ||||
Bats Exchanges market share – Tape B securities | 24.3% | 27.8% | ||||
Bats Exchanges market share – Tape C securities | 21.8% | 23.5% | ||||
Bats Exchanges market share in ETF trading | 24.7% | 28.1% |
For additional U.S. equities market volume information: Bats
U.S. Equities Market Volume Summary
U.S. OPTIONS: Bats Options (BZX Options + EDGX Options) Volume & Market Share
Sept 2016 | Sept 2015 | |||||
Bats Options – Overall market share | 11.7% | 11.0% | ||||
BZX Options – Market share | 10.7% | 11.0% | ||||
EDGX Options – Market share | 1.0% | N/A | ||||
Bats Options – Overall average daily volume (contracts) | 1,947,236 | 1,823,907 | ||||
BZX Options – Average daily volume | 1,786,451 | 1,823,907 | ||||
EDGX Options – Average daily volume | 160,785 | N/A |
For additional U.S. Options market volume information: Bats
U.S. Options Market Volume Summary
FOREIGN EXCHANGE: Hotspot Highlights, Volume & Market Share Statistics2
Hotspot Market Statistics | Sept 2016 | Sept 2015 | ||||
Total volume traded | $621.8 billion | $575.9 billion | ||||
Average daily volume (ADV) | $28.3 billion | $26.2 billion | ||||
Number of trading days | 22 | 22 | ||||
Hotspot Volume Percentage Breakdown (Timezone) | ||||||
Europe | 40.5% | 41.7% | ||||
Americas | 45.0% | 42.6% | ||||
Asia | 14.5% | 15.7% | ||||
Top Five Currency Pairs by Volume Percentage | ||||||
EUR/USD | 22.5% | 24.1% | ||||
USD/JPY | 15.6% | 18.5% | ||||
GBP/USD | 10.6% | 10.6% | ||||
AUD/USD | 9.1% | 9.0% | ||||
USD/CAD | 8.7% | 8.0% |
Hotspot daily, monthly, and quarterly volumes are posted on the Hotspot
website.
EUROPEAN EQUITIES: Bats Europe + BXTR Volume & Market Share3
- According to Bats statistics on market size, 38.3% of all equity transactions in Europe (either traded on exchange or OTC) touched Bats’ systems in September.
- A total of €305.8 million was traded in the Periodic Auctions book in September with Average Daily Volume totaling €13.9 million.
Sept 2016 | Sept 2015 | ||||||
Bats Europe – Overall market share | 22.7% | 24.8% | |||||
Bats Europe – Average daily notional value traded | €9.4 billion | €12.4 billion | |||||
Displayed average daily notional value | €8.3 billion | €11.1 billion | |||||
Non-displayed4 average daily notional value |
€1.1 billion | €1.2 billion | |||||
Bats Europe – Total notional value traded | €207.6 billion | €272.1 billion | |||||
BXTR – Total notional value reported | €347.5 billion | €355.9 billion | |||||
BXTR – Average daily notional value reported | €15.8 billion | €16.2 billion | |||||
BATS INDICES: September Monthly Performance for Key Bats Indices
Additional information is available on the Bats Indices website.
Bats UK 100 | 1.6% | ||||
Bats UK 250 | 0.9% | ||||
Bats UK All Companies | 1.5% |
__________________________________________
2 Hotspot volumes represent the notional value in U.S.
dollars of all trades executed on the platform, counting one side of the
transaction. Hotspot Volume Percentage Breakdown is based on the times
at which the trades were executed, based on EST (i.e. EST: Asia:
5pm-2am, Europe: 2am-9am, US: 9am-5pm).
3 Represent
consolidated figures for BXE and CXE lit and dark books, unless
otherwise noted.
4 BXE and CXE non-displayed
order books.
EUROPE: Bats Europe Equities & Market Share
For additional European Equities market volume information: Bats Europe Market Volume Summary
Sept 2016 | Sept 2015 | ||||||
London market overall | 25.4% | 27.3% | |||||
Bats UK 100 | 26.9% | N/A | |||||
FTSE 100 securities | 26.8% | 28.9% | |||||
FTSE 250 securities | 27.1% | 25.8% | |||||
Paris market overall | 21.8% | 25.7% | |||||
CAC 40 securities | 22.2% | 26.5% | |||||
CAC Next20 securities | 26.3% | 24.6% | |||||
Frankfurt market overall | 23.3% | 27.8% | |||||
DAX 30 securities | 23.8% | 28.9% | |||||
MDAX securities | 28.4% | 29.2% | |||||
TecDAX securities | 22.9% | 24.5% | |||||
Amsterdam market overall | 23.4% | 24.1% | |||||
AEX securities | 23.9% | 24.6% | |||||
AMX securities | 19.5% | 20.6% | |||||
Brussels market overall | 23.0% | 26.6% | |||||
BEL 20 securities | 20.7% | 25.7% | |||||
Milan market overall | 12.5% | 15.0% | |||||
FTSE MIB securities | 14.0% | 15.7% | |||||
Zurich market overall | 20.9% | 23.6% | |||||
SMI securities | 22.3% | 25.5% | |||||
SMIM securities | 22.3% | 22.1% | |||||
Nordic market overall | 25.0% | 22.8% | |||||
Helsinki OMXH25 securities | 27.0% | 27.5% | |||||
Stockholm OMXS30 securities | 26.7% | 24.8% | |||||
Copenhagen OMXC20 securities | 25.1% | 22.9% | |||||
Oslo OBX securities | 22.4% | 20.1% | |||||
Vienna market overall | 14.6% | 17.3% | |||||
ATX securities | 14.9% | 17.7% | |||||
Lisbon market overall | 22.6% | 17.3% | |||||
PSI-20 securities | 22.7% | 17.4% | |||||
Dublin market overall | 15.5% | 9.7% | |||||
ISEQ 20 securities | 15.5% | 9.7% | |||||
Madrid market overall | 24.7% | 23.4% | |||||
IBEX 35 securities | 25.6% | 24.2% | |||||
Key Indices | |||||||
EUROSTOXX 50 securities | 21.5% | 25.4% | |||||
FTSE RIOB | 6.6% | 11.0% | |||||
About Bats Global Markets, Inc.
Bats Global Markets, Inc., is a leading global operator of exchanges and services for financial markets, dedicated to Making Markets Better. We are the second-largest stock exchange operator in the U.S., operate the largest stock exchange and trade reporting facility in Europe, and are the #1 market globally for ETF trading. We also operate two fast-growing U.S. options exchanges. In the global foreign exchange market, we operate Hotspot. ETF.com, a leading provider of ETF news, data and analysis, is a wholly-owned subsidiary. The company is headquartered in Kansas City with offices in New York, London, Chicago, San Francisco, Singapore and Quito, Ecuador. Visit bats.com and @BatsGlobal for more information.
Forward-Looking Statements
This press release includes certain disclosures which contain “forward-looking statements.” You can identify forward-looking statements because they contain words such as “believes” and “expects.” Forward-looking statements are based on Bats’ current expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements, which are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in our filings with the SEC, including our final prospectus filed pursuant to Rule 424(b) and our quarterly reports on Form 10-Q, under the caption “Risk Factors.”