BATS Global Markets September Update: Record U.S. Options MarketShare of 5.8%; Record 62.1% for BXTR Trade Reporting Facility

BATS Global Markets (BATS) today reported September highlights including new market share records in both the U.S. and Europe.

In the U.S., BATS’ U.S. Options market share reached a record 5.8%, up from 5.3% in August and 4.1% one year ago. In Europe, BATS’ European trade reporting facility, BXTR, set a new record with 62.1% market share and more than €308.7bn reported.

Other September news includes:

• BATS Options set a one-day market share record of 6.6% on September 23^rd. In September, BATS Options reported 12 of its top 20 market share days since launching in February 2010.
• BATS Chi-X Europe, with the support of issuers, market makers and brokers announced new initiatives designed to bring more transparency to the pan-European ETF market. The exchange also announced its partnership with the Berne Exchange, Switzerland, which will bring enhanced competition and efficiencies to the Swiss market – particularly in ETF listings and trade reporting.
• On September 8^th, BATS released the BATS Order Type Guide, which describes the order types available on the BZX and BYX Exchanges in the U.S. and their functionality.
• In the U.S., BATS remains on schedule with the Direct Edge integration. During a customer integration call on September 9^th, BATS announced the timeline for transitioning the BZX Exchange, BYX Exchange and BATS Options to Equinix’s NY5 data center in the second quarter of 2015. Information on the integration process, including a recording of the customer integration call and presentation slides, is available at bats.com/edgeintegration, and BATS also shares updates via its Twitter feed @BATSGlobal.
• As part of its ongoing Business Continuity Planning efforts, BATS successfully operated its U.S. operations from its disaster recovery site for the second time this year on September 4^th to ensure preparation for any disaster situations that could impact the Kansas headquarters.
• BATS Global Markets was named by the Kansas City Business Journal as one of the “Best Places to Work” in Kansas City. This was the fourth year BATS has been recognized.

September 2014 Volume and Market Share Summary

Additional details regarding BATS’ volume and market share data by market – U.S. equities, U.S. equity options, and European equities – is outlined below.

U.S. Equities – BATS Exchanges Volume and Market Share Statistics

Market Quality Statistics

• During September, the BZX Exchange ranked 1^st or 2^nd in quality of trading in 71.8% of the stocks in the S&P 500^® Index, as measured by effective spread, according to the BATS market quality statistics.
• Combined, the BZX Exchange and EDGX Exchange had the lowest effective spread in 15 of the top 25 exchange-traded products.

To track U.S. equities market share for all major trading exchanges and off-exchange trading, please view the BATS U.S. Equities Market Volume Summary.

U.S. Equity Options – BATS Options Volume and Market Share Statistics

• The five most actively-traded options classes on BATS Options during September were the Standard & Poor’s Depositary Receipt ETF Trust (SPY), Apple Inc. (APPL), Yahoo Inc. (YHOO), iShares Russell 2000 Index ETF (IWM), and PowerShares QQQ Trust, Series 1 ETF (QQQ).

To track U.S. options market share for all major trading exchanges, please view the BATS U.S. Options Market Volume Summary.

European Equities – BATS Chi-X Europe Volume and Market Share Statistics

To track European market share for all major trading exchanges and other venues, please view the BATS Pan-European Market Volume Summary.

About BATS Global Markets, Inc.

BATS Global Markets, Inc. is a leading global operator of securities markets, committed to Making Markets Better for traders, investors and issuers. In the U.S., BATS operates four stock exchanges – BZX, BYX, EDGX and EDGA – and regularly ranks as the top market for ETF and retail-driven liquidity. The company is an important listing venue for ETFs and other structured products and also operates BATS Options, a U.S. equity options market. In Europe, BATS operates the largest pan-European equities exchange, offering trading and listing services across 15 major European markets. With its world-class proprietary technology and relentless customer focus, BATS strives to bring efficiency, transparency and fairness to market participants. The company is headquartered in Kansas City with offices in Chicago, the New York area and London. Further information on BATS can be found at www.bats.com and by following us on Twitter @BATSGlobal.

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