BATS Reports Record September Volume
BATS Trading, an innovative and technology–leading U.S. market center, reported new records in September including matched market share of 10.52%, daily average volume of 1.39 billion shares and daily matched volume of 1.19 billion shares.
BATS also performed well during the busiest market week ever, Sept. 15–19, with no operational downtime. New one–day records established that week included 11.35% of all U.S. volume, with more than 2.5 billion shares traded for the first time and 2.122 billion shares matched, also a record.
BATS has since broken its one–day matched market share mark, with 12.12% on Friday, October 3.
For the month of September, vital market share statistics for BATS include: –– BATS average total handled volume was 1,394,853,441 shares daily (new record) –– BATS average matched volume was 1,192,104,097 shares daily (new record) –– BATS average internal match rate was 85.59% –– BATS matched market share for Tape A securities was 8.54% (new record) –– BATS matched market share for Tape B securities was 15.44% (new record) –– BATS matched market share for Tape C securities was 11.92% (new record) –– BATS matched market share for all securities was 10.52% (new record)Taking the top 25 U.S. stocks, ranked by total volume traded in all U.S. markets, the BATS matched market share on a security by security basis for September was as follows:
StockName
Total Industry
Volume
Volume BATS Market
Share SPY 8,107,004,009 945,047,499 11.66 % XLF 6,424,484,976 1,081,648,422 16.84 % AIG 5,779,624,497 368,742,908 6.38 % QQQQ 4,861,633,340 663,706,167 13.65 % FNM 3,464,782,023 163,359,011 4.71 % WM 3,428,460,530 213,442,323 6.23 % WB 3,331,949,672 272,450,251 8.18 % C 3,192,673,459 322,367,883 10.10 % IWM 3,058,942,759 436,623,790 14.27 % FRE 2,878,771,594 160,510,220 5.58 % LEH 2,545,990,112 170,943,653 6.71 % BAC 2,340,929,674 243,467,798 10.40 % UYG 2,174,143,020 398,941,508 18.35 % GE 2,153,333,006 190,021,702 8.82 % EEM 1,933,276,530 243,498,183 12.60 % MSFT 1,928,443,207 287,006,606 14.88 % MER 1,625,404,805 162,050,870 9.97 % INTC 1,623,996,098 251,562,809 15.49 % MS 1,473,980,014 126,420,527 8.58 % NCC 1,472,284,827 121,825,266 8.27 % WFC 1,440,101,807 151,268,476 10.50 % F 1,437,695,717 98,021,934 6.82 % JPM 1,388,644,204 138,724,610 9.99 % SIRI 1,358,421,689 99,513,587 7.33 % CSCO 1,263,227,245 175,770,390 13.91 %
About BATS
BATS Trading is a subsidiary of BATS Holdings, an innovative global financial markets technology company based in Kansas City, Mo., with additional offices in New York and London. The BATS Trading ECN platform was launched in January 2006 and is one of the fastest–growing, top–tier equity markets in the United States. BATS was recently approved by the Securities and Exchange Commission to operate as a national securities exchange beginning in October 2008. The company also plans a European launch in 2008 through its wholly owned subsidiary based in London. The BATS platform is internally developed by a dedicated core team of market and technology professionals, catering to the needs of the broker–dealer and trading community. BATS "¦ Making Markets Better.