February was the third best month on record for Bats Global Markets US Equities business with 21.4 per cent market share, as well as continued market share strength in its US Options and European Equities businesses.
Additionally, Bats welcomed three new ETFs to its US market in February bringing the total number of ETFs listed on Bats to 70. Bats remained the No1 US market operator for ETF trading as well, executing 26.2 per cent of all February volume.
The company reported 10.4 per cent US Options market share vs 8.2 per cent a year prior. Bats’ European Equities business recorded 23.7 per cent market share, unchanged from a year prior. In U.S. Equities, the 21.4 per cent market share in February compares to 20.7 per cent in the year prior period.
Bats’ European trade reporting facility, BXTR, remained the largest trade reporting facility in the region with more than EUR408.4bn reported during the month. This represents an increase of 10.8 per cent from February 2015.
Hotspot, Bats’ institutional spot foreign exchange market, posted average daily volume of USD32.6 billion in February vs USD26.3 billion a year prior, an increase of more than 24 per cent.
In all, the Bats markets executed USD133.8 billion of notional value per day in February.