Jun 10, 2016 - USD/CAD. 8.3%. 6.3%. May 2016. May 2015. Bats Europe â Overall market share. 23.4%. 24.4%. Bats Europe
MEDIA
Bats Continues ETF Growth, Adding 13 Listings in May, Remaining #1 in ETF Market Share
Hannah Randall London +44.207.012.8950 Stacie Fleming London +44.207.012.8950 Randy Williams New York +1.212.378.8522
[email protected] INVESTORS Mark Marriott Kansas City +1.913.815.7132
[email protected]
Company Maintains Market Share across Asset Classes
KANSAS CITY, NEW YORK and LONDON – June 10, 2016 – Bats Global Markets, Inc. (Bats: BATS), a leading global operator of exchanges and services for financial markets, today reported May data and highlights, including material expansions to its U.S. listing business. During the month, Bats welcomed 13 exchange-traded fund (ETF) listings to the Bats ETF Marketplace, and announced Deutsche Asset Management as the third ETF issuer to switch primary listings to the Bats ETF Marketplace. As of June 10, the Bats market now has 12 US issuers with 95 ETFs listed. Additionally, the exchange reported 11.4% U.S. Options market share, up from 9.7% a year ago, marking the second-best month in company history. In addition, on May 20, it was announced Bats would be included in the Wilshire 5000 Total Market Index. Additional Bats highlights for May include: Remaining the #1 U.S. market operator for ETF trading, executing 24.5% of all May volume, and maintaining its position as the second-largest U.S. Equities market operator with 20.5% market share. Retaining its position as the largest European stock exchange with 23.4% market share and the largest trade reporting facility with €371.8 billion reported to BXTR for the month. Recording average daily volume of $23.4 billion for Hotspot, the company’s institutional spot foreign exchange market. Recording more than $102 billion of notional value per day touched by the Bats markets in May, including trades reported to BXTR. May 2016 Volume and Market Share Overview U.S. Equities (Bats Exchanges – BZX, BYX, EDGA, EDGX)
May 2016
Bats Exchanges – Overall market share
20.5%
Bats Exchanges – Average daily matched volume (shares)
1.44 billion
Overall Industry – Average daily consolidated volume (shares)
7.03 billion
U.S. Equity Options (Bats Options – BZX Options + EDGX Options) Bats Options – Overall market share
11.4%
Bats Options – Average daily matched volume (contracts)
1,659,673
Overall Industry – Avery daily consolidated volume (contracts)
14.5 billion
European Equities (Bats Europe Equities )
1
Bats Europe – Overall European market share
23.4%
Bats Europe – Average daily notional value
€9.4 billion
Pan-European Consolidated Volume 1– Average daily notional value
€40.0 billion
Based on Bats Europe market coverage, available at batstrading.co.uk
European Trade Reporting (BXTR) BXTR – Total notional value reported BXTR – Average daily notional value reported Foreign Exchange (Hotspot)
€371.8 billion €16.9 billion
Total volume traded (U.S. Dollar) Average daily volume (ADV)
$514.2 billion $23.4 billion
Highlights for the month of May are outlined below by business line.
U.S. EQUITIES: Bats Exchanges (BYX, BZX, EDGA, EDGX) Volume & Market Share During May, the BZX Exchange ranked 1st or 2nd in quality of trading in 229 of the stocks in the S&P 500® Index, as measured by effective spread, according to the Bats market quality statistics. Combined, the Bats Exchanges had the lowest effective spread in 68% of the top 50 exchange-traded products in May. Bats Exchanges – Overall market share Bats Exchanges – Average daily volume traded (shares) Bats Exchanges – Average daily notional value traded Bats Exchanges – Total notional value traded for month Bats Exchanges market share – Tape A securities Bats Exchanges market share – Tape B securities Bats Exchanges market share – Tape C securities Bats Exchanges market share in ETF trading
May 2016 20.5% 1.44 billion $49.1 billion $1.03 trillion 18.7% 24.0% 21.5% 24.5%
May 2015 21.2% 1.31 billion $51.9 billion $1.04 trillion 18.8% 25.9% 22.4% 26.1%
For additional U.S. equities market volume information: Bats U.S. Equities Market Volume Summary
U.S. OPTIONS: Bats Options (BZX Options + EDGX Options) Volume & Market Share Bats Options – Overall market share BZX Options – Market share EDGX Options – Market share Bats Options – Overall average daily volume (contracts) BZX Options – Average daily volume EDGX Options – Average daily volume
May 2016 11.4% 10.6% 0.8% 1,659,671 1,533,985 125,686
May 2015 9.7% 9.7% N/A 1,447,055 1,447,055 N/A
For additional U.S. Options market volume information: Bats U.S. Options Market Volume Summary
FOREIGN EXCHANGE: Hotspot Highlights, Volume & Market Share Statistics2 Average daily volume traded on Hotspot’s London-area matching engine was $827 million, equating to 3.5% of overall volume available on the platform, a new record. Hotspot Market Statistics Total volume traded (U.S. Dollar) Average daily volume (ADV) Number of trading days Hotspot Volume Percentage Breakdown Europe Americas Asia Top Five Currency Pairs by Volume Percentage EUR/USD USD/JPY GBP/USD AUD/USD USD/CAD
May 2016 $514.2 billion $23.4 billion 22
May 2015 $561.9 billion $26.8 billion 21
42.4% 41.5% 16.0%
45.2% 40.2% 14.6%
24.1% 14.6% 11.5% 8.6% 8.3%
30.1% 15.7% 12.1% 8.6% 6.3%
Hotspot daily, monthly, and quarterly volumes are posted on the Hotspot website.
EUROPEAN EQUITIES: Bats Europe + BXTR Volume & Market Share3 According to Bats statistics on market size, 40.0% of all equity transactions in Europe (either traded on exchange or OTC) touched Bats’ systems in May. Bats Europe – Overall market share Bats Europe – Average daily notional value traded Displayed average daily notional value Non-displayed4 average daily notional value Bats Europe – Total notional value traded BXTR – Total notional value reported BXTR – Average daily notional value reported
2
May 2016 23.4% €9.4 billion €8.3 billion €1.1 billion €206.2 billion €371.8 billion €16.9 billion
May 2015 24.4% € 11.9 billion € 10.6 billion € 1.3 billion €250.4 billion €480.2 billion €22.9 billion
Hotspot volumes represent the notional value in U.S. dollars of all trades executed on the platform, counting one side of the transaction. Hotspot Volume Percentage Breakdown is based on the times at which the trades were executed, based on EST (i.e. EST: Asia: 5pm-2am, Europe: 2am-9am, US: 9am-5pm). 3 Represent consolidated figures for BXE and CXE lit and dark books, unless otherwise noted. 4 BXE and CXE non-displayed order books.
EUROPE: Bats Europe Equities & Market Share For additional European Equities market volume information: Bats Europe Market Volume Summary May 2016
May 2015
London market overall
26.3%
23.7%
FTSE 100 securities
28.1%
24.8%
FTSE 250 securities
25.8%
24.0%
Paris market overall
23.5%
27.8%
CAC 40 securities
23.8%
28.6%
CAC Next20 securities
26.1%
29.2%
Frankfurt market overall
25.1%
28.2%
DAX 30 securities
25.9%
23.5%
MDAX securities
29.0%
23.5%
TecDAX securities
23.5%
23.5%
23.8%
26.3%
24.3%
27.3%
Amsterdam market overall AEX securities AMX securities Brussels market overall
20.5%
20.7%
22.9%
22.9%
BEL 20 securities
22.9%
22.9%
Milan market overall
13.3%
15.0%
FTSE MIB securities
14.6%
15.9%
Zurich market overall
23.6%
21.5%
SMI securities
25.3%
22.9%
SMIM securities
22.4%
22.9%
Nordic market overall
22.9%
26.7%
Helsinki OMXH25 securities
26.1%
32.6%
Stockholm OMXS30 securities
24.5%
28.8%
Copenhagen OMXC20 securities
21.8%
24.7%
Oslo OBX securities
21.0%
23.4%
Vienna market overall
12.7%
20.1%
13.0%
20.9%
Lisbon market overall
18.1%
18.1%
PSI-20 securities
18.1%
18.1%
Dublin market overall
13.0%
13.0%
ISEQ 20 securities
13.2%
13.2%
Madrid market overall
23.6%
22.1%
IBEX 35 securities
24.5%
23.5%
22.2%
25.3%
8.1%
8.7%
ATX securities
Key Indices EUROSTOXX 50 securities FTSE RIOB
About Bats Global Markets, Inc. Bats Global Markets, Inc., is a leading global operator of exchanges and services for financial markets, dedicated to Making Markets Better. We are the second-largest stock exchange operator in the U.S., operate the largest stock exchange and trade reporting facility in Europe, and are the #1 market globally for ETF trading. We also operate two fast-growing U.S. options exchanges. In the global foreign exchange market, we operate Hotspot. ETF.com, a leading provider of ETF news, data and analysis, is a wholly-owned subsidiary. The company is headquartered in Kansas City with offices in New York, London, Chicago, San Francisco and Singapore. Visit bats.com and @BatsGlobal for more information.