BATS Global Markets Achieves New U.S. Equities Market Share Record - 12.8%; Sets Numerous European Records

KANSAS CITY, Mo., and LONDON, Sept. 6, 2012 /PRNewswire/ -- BATS Global Markets (BATS), a leading operator of securities markets in the U.S. and Europe, today reported August U.S. equities market share of 12.8%, the best monthly market share performance in the company's six-year history.

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Much of the growth was driven by the company's BYX Exchange, which set a monthly market share record of 3.7% less than two years since its October 2010 inception.

"Our strong momentum continued in August with the best U.S. equities monthly market share performance in our six-year history," said President and Chief Executive Joe Ratterman.  "We also witnessed further success in our options business and new record market share in Copenhagen, Frankfurt and Vienna.

"Increasingly, the broker-dealer community appreciates the price improvement, reliability, and overall trading experience on the platforms we operate, contributing to our consistent growth," he said.

BATS Chi-X Europe also remained the largest pan-European market by notional value traded in August, with monthly market share exceeding 25% in the UK, German, Swiss, Dutch, Swedish and Finnish markets. Overall European market share was 23.8%. Monthly records were achieved in Germany's MDAX (29.0%), Denmark's OMXC20 (22.3%) and Austria's ATX (18.7%).

In the U.S., BATS Options again recorded month-over-month matched market share of 3.7% up from 3.6% in July.

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, which runs an FSA-authorized multilateral trading facility.

August 2012 Highlights

U.S. Equities and Options:

• BATS U.S. cash equities market share of 12.8%, best month on record.
• The BATS Exchanges set a new monthly market share record in Tape A (NYSE-listed) securities, capturing 11.8% market share.
• BATS BYX hit a new market share record of 3.7% in less than two years since its inception.
• BATS Retail Price Improvement program on track for likely 2012 launch.  
• The BATS 1000^® Index, a broad based U.S. equities market benchmark, ended the month up 243.25 points, or 1.5%, to close at 15,740.69.

European Equities:

¹ All 2011 figures are on a pro forma basis.

• BATS Chi-X Europe remains the largest European equities market center by market share and notional value traded.
• Monthly market share exceeded 25% in the UK, German, Swiss, Dutch, Swedish and Finnish markets, and reached 25% of the overall Nordic market.

August 2012 Volume and Market Share Summary

A complete breakdown of August 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.batsglobalmarkets.com/markets/

² Adjusted from 4.2%, which was published in July 2011 volume press release.

³ Figures represent consolidated figures for BATS Europe (BXE) and Chi-X Europe (CXE) lit and dark books, unless otherwise noted. All 2011 figures are on a pro forma basis.

⁴BXE 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.batsglobalmarkets.com.

SOURCE BATS Global Markets