On Monday, BATS Global Markets (BATS) reported its January volume and market share numbers. With its January figures, it represented the exchange’s second-best month in its U.S. equity options business with a 3.9% market share vs. 3.0% from the previous year and 3.5% in December 2012.
According to OCC’s figures, here’s January 2013 equity options marketshare across the exchanges:
AMEX 16.22%,?BATS 4.23%,?BOX ? 2.80%, CBOE 14.92%, C2 ?1.58%, ISE 17.60%, MIAX .06%, NOBO 0.99%, NSDQ 6.88%, NYSE Arca 13.20% and OMX PHLX ?21.52%
BATS’ January U.S. equities market share was 11.7% vs. 11.1% a year earlier and 11.9% for December 2012.
For its U.S. equities options business, overall industry ? average daily consolidated volume was 16.8 million contracts. Its BATS Options ? matched market share was 3.9% and its ?BATS Options ? average daily matched volume was 647,602 contracts.
Joe Ratterman, chief executive officer and president of BATS Global Markets said in a press release,?”We are pleased with another strong month of market share at BATS and, like others in the industry, we are watching closely to see where global equity volumes go in 2013. We are also encouraged by the many different industry initiatives currently underway, including Limit-Up/Limit-Down as well as the Consolidated Audit Trail, which will continue to enhance the integrity and resilience of the U.S. market structure.”
January 2013 highlights from the exchange included the following:
- BATS Chief Operating Officer?Chris Isaacson?was recognized by?Institutional Investor?as one of the?“Trading Technology 40” for the second time in the list’s two-year history. Isaacson ranked #17.
- BATS launched its Retail Price Improvement (RPI) program on the BATS BYX Exchange. The program is designed to provide price improvement for retail investors.
- In coordination with the other exchanges and market participants, the BATS Exchanges and BATS Options began industry-wide testing on?Jan. 26?for Limit Up/Limit Down (LULD) and Market-Wide Circuit Breaker (MWCB) functionality.