Breaking News

Siemens Agrees to Buy Dresser-Rand For $7.6 Billion in All Cash Deal
Tweet TWEET

BATS Global Markets U.S. Options Business Reports Second-Best Market Share Month

  BATS Global Markets U.S. Options Business Reports Second-Best Market Share
                                    Month

  PR Newswire

  KANSAS CITY, Missouri and LONDON, Feb. 4, 2013

- U.S. Equities Market Share 11.7%, Up From 11.1% One Year Ago

KANSAS CITY, Missouri and LONDON, Feb. 4, 2013 /PRNewswire/ -- BATS Global
Markets (BATS), a leading operator of securities markets in the U.S. and
Europe, today reported the second-best month for its U.S. equity options
business with 3.9% market share in January vs. 3.0% one year ago and 3.5% in
December 2012.

(Logo: http://photos.prnewswire.com/prnh/20100701/CG29735LOGO )

BATS' U.S. equities market share came in at 11.7% in January vs. 11.1% one
year ago and 11.9% in December 2012.

BATS Chi-X Europe, the largest pan-European equities exchange by notional
value traded and market share in January, recorded overall market share of
24.1% in January compared to 23.7% in December 2012 and 25.9% a year ago.
Average daily notional value was €7.5 billion in January vs. €5.9 billion in
December 2012 and the strongest monthly turnover for BATS Chi-X Europe since
September 2012. BATS Chi-X Europe's CXE dark order book was the largest dark
order book in Europe with an average of €312.7 million traded per day in
January.

"We are pleased with another strong month of market share at BATS and, like
others in the industry, we are watching closely to see where global equity
volumes go in 2013," said Joe Ratterman, chief executive officer and president
of BATS Global Markets. "We are also encouraged by the many different industry
initiatives currently underway, including Limit-Up/Limit-Down as well as the
Consolidated Audit Trail, which will continue to enhance the integrity and
resilience of the U.S. market structure."

Overall equities industry volumes in the U.S. and Europe were up in January
2013 from December 2012, but down year-over-year. In the U.S., overall
equities volume averaged 6.4 billion shares a day in January, up from a daily
average of 6.0 billion shares in December, and down from an average 6.9
billion shares a day one year ago. In the European securities markets covered
by BATS Chi-X Europe, the overall average daily notional value traded was
€31.3 billion in January, up from a daily average of €24.9 billion in December
down from €32.5 billion one year ago.

BATS operates two stock exchanges in the U.S. – the BATS BZX Exchange and BATS
BYX Exchange (the BATS Exchanges); BATS Options, a U.S. equity options market;
and BATS Chi-X Europe, the largest pan-European equity market.

January 2013 Review

  *BATS Chief Operating Officer Chris Isaacson was recognized by
    Institutional Investor as one of the  "Trading Technology 40" for the
    second time in the list's two-year history. Mr. Isaacson ranked #17 on the
    list.
  *BATS launched its Retail Price Improvement (RPI) program on the BATS BYX
    Exchange. The program is designed to provide price improvement for retail
    investors.
  *In coordination with the other exchanges and market participants, the BATS
    Exchanges and BATS Options began industry-wide testing on Jan. 26 for
    Limit Up/Limit Down (LULD) and Market-Wide Circuit Breaker (MWCB)
    functionality.
  *BATS Chi-X Europe monthly market share highlights include 34.1% in
    London's FTSE 100, the highest since June 2012, and 4.4% in Madrid's IBEX
    35, the highest since July 2012.
  *BATS Chi-X Europe's two dark order books, CXE and BXE, both grew in
    January to combined average daily notional value of €552.6 million
    compared to €391.2 million in December 2012 and €460.5 million one year
    ago.

       *CXE dark order book averaged €312.7 million traded per day in January
         compared to €218.1 million in December 2012, while BXE dark order
         book averaged €239.9 million traded per day in January compared to
         €173.0 million the previous month.

January 2013 Volume and Market Share Summary

U.S. Equities                                          January 2013
 Overall Industry – Average Daily Consolidated
Volume                                                 6.4 billion shares
 BATS Exchanges (BZX and BYX Exchange) – Matched
Market Share                                           11.7%
 BATS Exchanges (BZX and BYX Exchange) – Average
Daily Matched Volume                                   754.3 million shares
U.S. Equity Options
 Overall Industry – Average Daily Consolidated
Volume                                                 16.8 million contracts
 BATS Options – Matched Market Share               3.9%
 BATS Options – Average Daily Matched Volume       647,602 contracts
European Equities
 Pan-European Total Consolidated Volume(1) –
Average Daily Notional Value                           €31.3 billion
 BATS Chi-X Europe – Overall European Market Share 24.1%
 BATS Chi-X Europe – Total Notional Value Traded   €165.5 billion
 BATS Chi-X Europe – Average Daily Notional Value  €7.5 billion

(1)Based on BATS Chi-X Europe market coverage, available at
www.batstrading.co.uk

Volume and Market Share Statistics by Market – U.S. Equities, U.S. Equity
Options, European Equities

A complete breakdown of January volume and market share for each market center
is outlined below. To track U.S. and Europe market share for all major trading
exchanges and other venues, please visit: http://www.bats.com/markets

U.S. Equities (The BATS Exchanges)
                                             January 2013      January 2012
                                           (In millions, except percentages;

                                          volume and notional figures exclude
The BATS Exchanges (BZX & BYX combined)                odd-lots)
 Average daily matched volume                     754.3            766.6
 Total notional value traded for the
month                                             $535,282.2       $505,634.8
 Market share percentage (for the
period):
Overall matched market share                           11.7%            11.1%
Tape A                                                 10.6%             9.5%
 Tape B                                             14.3%            15.2%
 Tape C                                             12.6%            12.1%
Volume By Exchange:
BZX Exchange:
 Average daily matched volume                      584.1            602.5
 Total notional value traded for the
month                                             $427,332.5       $410,636.4
 Market share percentage (for the
period):
Overall matched market share                            9.1%             8.7%
Tape A                                                  7.8%             7.1%
 Tape B                                             12.0%            12.8%
 Tape C                                             10.0%             9.8%
BYX Exchange:
 Average daily matched volume                      170.2            164.1
 Total notional value traded for the
month                                             $107,949.7        $94,998.4
 Market share percentage (for the
period):
Overall matched market share                            2.6%             2.4%
Tape A                                                  2.8%             2.4%
 Tape B                                              2.3%             2.5%
  Tape C                              2.6%             2.3%
BATS 1000 Index
                                                   16,937.62        15,007.54
(a broad-based U.S. equities market
benchmark)                                  (01/31/13 close) (01/31/12 close)

U.S. Equity Options (BATS
Options)
                                     January 2013           January 2012
                                Contracts Market share Contracts Market share
Average daily matched volume      647,602         3.9%   483,050         3.0%

European Equities(2) (BATS Chi-X Europe)
                                               January 2013    January 2012
                                             (In millions, except percentage)
Total notional value                              € 165,454.8      €185,123.2
Average daily notional value                        € 7,520.7        €8,414.7
Displayed average daily notional value              € 6,968.1        €7,954.2
 Non-displayed(3) average daily notional
value                                                 € 552.6          €460.5
Overall European market share                           24.1%           25.9%
European Equities(1) (continued)
Market share by market (for the period):
                                               January 2013    January 2012
London market overall                                   30.4%           34.0%
FTSE 100 securities                                     34.1%           37.9%
FTSE 250 securities                                     26.8%           27.8%
Paris market overall                                    25.7%           27.6%
CAC 40 securities                                       27.9%           29.7%
CAC Next20 securities                                   23.2%           26.1%
Frankfurt market overall                                25.2%           26.0%
DAX 30 securities                                       26.6%           27.4%
MDAX securities                                         27.6%           26.5%
Amsterdam market overall                                25.8%           31.2%
AEX securities                                          26.7%           32.0%
AMX securities                                          19.5%           20.2%
Brussels market overall                                 24.2%           25.1%
BEL 20 securities                                       25.4%           27.8%
Milan market overall                                    13.6%           14.5%
FTSE MIB securities                                     14.5%           15.3%
Zurich market overall                                   23.4%           26.6%
SMI securities                                          25.4%           28.3%
SMIM securities                                         16.1%           19.5%
Nordic market overall                                   25.2%           21.8%
Helsinki OMXH25 securities                              23.9%           24.3%
Stockholm OMXS30 securities                             28.7%           25.3%
Copenhagen OMXC20 securities                            23.0%           17.9%
Oslo OBX securities                                     20.9%           17.4%
Vienna market overall                                   15.6%           16.8%
 ATX securities                            15.9%           17.1%
Lisbon market overall                                   12.3%           15.4%
  PSI-20 securities                         12.4%           15.4%
Dublin market overall                                    4.9%            5.5%
  ISEQ 20 securities                         5.0%            5.5%
Madrid market overall                                    4.3%            3.4%
  IBEX 35 securities                         4.4%            3.4%
Key Indices
 EUROSTOXX 50 securities                            22.4%           23.2%

(2) Represent consolidated figures for BATS Europe (BXE) and Chi-X Europe
(CXE) lit and dark books, unless otherwise noted. ( 3) BXE and CXE
non-displayed order books.

About BATS Global Markets, Inc. BATS Global Markets, Inc. (BATS) is a leading
operator of securities markets in the U.S. and Europe. BATS develops and
operates electronic markets for the trading of listed cash equity securities
in the U.S. and Europe and listed equity options in the U.S. BATS operates two
stock exchanges in the U.S., the BATS BZX Exchange and BYX Exchange; BATS
Options, a U.S. equity options market; and BATS Chi-X Europe, which operates a
FSA-authorized multilateral trading facility. BATS' innovative and proprietary
technology was developed by a dedicated core team of market and technology
professionals, catering to the needs of the broker-dealer and trading
community. The company is headquartered in the Kansas City, Mo. area, with
additional offices in New York and London. For more information, visit
www.bats.com .

Website: http://www.batstrading.com
Website: http://www.batstrading.co.uk
Website: http://www.bats.com
Contact: Media (U.S.), Stacie Fleming, +1-913-815-7193, comms@bats.com, or
Suzanne O'Halloran +1-212-378-8526, comms@bats.com, or Media (Europe), Kelly
Bailey, +44-207-012-8950, comms@bats.com
 
Press spacebar to pause and continue. Press esc to stop.