BATS Global Markets Reports Upbeat September Volumes in Europe and US

Monday, 12/10/2015 | 08:26 GMT by Jeff Patterson
  • BATS Global Markets surpassed last month’s volumes across its global business, rising 24.8% in September 2015.
BATS Global Markets Reports Upbeat September Volumes in Europe and US

BATS Global Markets (BATS) has unveiled its volumes for the month ending September 2015, having orchestrated a steady rise across its US and European equities business, according to a BATS statement.

More specifically, for the second consecutive month, BATS Chi-X Europe (BXTR) inched higher with its volumes, which in September came in at 24.8% MoM from August 2015. In terms of its latest figures, BXTR reported its trade reporting facility at $405.0 billion (€355.9 billion) during September 2015. Overall, BATS Chi-X Europe executed a total of $309.6 billion (€272.1 billion) of notional volume in September 2015.

US Equities on BATS exchanges also had an active month in September 2015, with its average daily matched volume coming in at 1.62 billion shares (compared with 7.34 billion shares across the overall industry) – this constituted a 20.0% YoY growth from September 2014. Moreover, US Equities options, including BATS Options, showed an average daily matched volume of 1,823,907 contracts in September 2015.

Last week, Hotspot, BATS’ institutional spot foreign Exchange (FX) market, ramped up another upgrade to its services, which will take place on November 9th when the firm is poised to migrate its New York matching engine to the Equinix NY5 Data Center in Secaucus, New Jersey. In terms of specifics at Hotspot, the top five currency pairs in September 2015 by volume percentage on BATS exchanges were as follows:

  • EUR/USD: 24.1%
  • USD/JPY: 18.2%
  • GBP/USD: 10.6%
  • AUD/USD: 9.0%
  • USD/CAD: 8.0%

BATS Global Markets (BATS) has unveiled its volumes for the month ending September 2015, having orchestrated a steady rise across its US and European equities business, according to a BATS statement.

More specifically, for the second consecutive month, BATS Chi-X Europe (BXTR) inched higher with its volumes, which in September came in at 24.8% MoM from August 2015. In terms of its latest figures, BXTR reported its trade reporting facility at $405.0 billion (€355.9 billion) during September 2015. Overall, BATS Chi-X Europe executed a total of $309.6 billion (€272.1 billion) of notional volume in September 2015.

US Equities on BATS exchanges also had an active month in September 2015, with its average daily matched volume coming in at 1.62 billion shares (compared with 7.34 billion shares across the overall industry) – this constituted a 20.0% YoY growth from September 2014. Moreover, US Equities options, including BATS Options, showed an average daily matched volume of 1,823,907 contracts in September 2015.

Last week, Hotspot, BATS’ institutional spot foreign Exchange (FX) market, ramped up another upgrade to its services, which will take place on November 9th when the firm is poised to migrate its New York matching engine to the Equinix NY5 Data Center in Secaucus, New Jersey. In terms of specifics at Hotspot, the top five currency pairs in September 2015 by volume percentage on BATS exchanges were as follows:

  • EUR/USD: 24.1%
  • USD/JPY: 18.2%
  • GBP/USD: 10.6%
  • AUD/USD: 9.0%
  • USD/CAD: 8.0%
About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
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