BATS Chi-X Europe saw its highest market share so far this year in July, accounting for 18.03% of total European volume according to figures from Thomson Reuters Equity Market Share Reporter.
The exchange made significant gains compared to June, when its share of the European market was 16.98%, but is still below the 18.71% share it held last year. It remains the most active exchange in Europe by market share.
However, total market turnover has improved over the past twelve months, with the European monthly total sitting at €699 billion last month, compared to €667 billion in July 2012.
Among the major operators, SIX Swiss Exchange saw the biggest loss of market share, dropping from 7.4% in June 2013 to 6.25% in July.
Meanwhile, London Stock Exchange-owned multilateral trading facility (MTF) Turquoise, experienced a record market share of 8.05%, up from 7.83% in June.
UBS MTF continues to dominate European dark trading, with market share of 18.59% in July, though this is well down on the 21.21% it posted in the previous month. However, BATS Chi-X Europe's two dark order books have a larger total market share.
Dark order volume continues to grow in Europe, reaching a total of €36.92 billion in July this year, up slightly on the €35.1 billion seen in June and well above the €28 billion figure recorded in July 2012.