BATS Global Markets Reports August Volumes, Market Share on the Rise

BATS Global Markets (BATS) has just reported its volumes for the month ending August 2015, which saw a steadfast performance across both its US and European Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term business, according to a BATS statement.

In particular, BATS Chi-X Europe once again witnessed a rising market share in all its markets, coming in at 25.0% in August 2015. In terms of its latest figures, BXTR, its trade reporting facility, reported $381.7 billion (€341.5 billion) during August 2015. Overall, BATS Chi-X Europe executed a total of $303.4 billion (€271.5 billion) of notional volume in August 2015.

US Equities on BATS exchanges also had an active month in August 2015, with its average daily matched volume coming in at 1.74 billion shares (compared with 7.92 billion shares across the overall industry) – this was good for a 62.3% YoY growth from 1.07 billion shares in August 2014. US Equities options, including BATS Options, showed an average daily matched volume of 2,178,052 contracts in August 2015.

Last week, Hotspot, BATS’ institutional spot foreign exchange (FX) market, recorded a modest rebound for the month of August 2015, in which the company registered a 20.4% MoM jump in FX volumes, coming in at $595.25 billion. Average daily volume (ADV) was recorded at $28.3 billion, an 18.5% MoM increase from July 2015, as previously covered by Finance Magnates. The top five currency pairs in August 2015 by volume percentage on BATS exchanges were as follows:

• EUR/USD: 24.4%
• USD/JPY: 17.8%
• GBP/USD: 11.8%
• AUD/USD: 9.3%
• USD/CAD: 8.1%