BATS continues US options rollout

BATS Options, the US equity options exchange operated by exchange group BATS Global Markets, had continued ramping up the instruments available to trade on its platform.
By None

BATS Options, the US equity options exchange operated by exchange group BATS Global Markets, had continued ramping up the instruments available to trade on its platform.

Options on 500 underlying securities have been added to BATS Options, taking the total number of instruments available for trading to over 1,000. The rollout will be completed on 17 May.

“We are pleased to remain on track with the BATS Options rollout. The reception from customers is tremendous with more members signed up than we had expected at this point and more coming on board,” said Jeromee Johnson, head of BATS Options and vice president of market development at BATS Exchange, in a statement.

BATS Options has also reported that it set a one-day record of 118,673 contracts traded on 16 April less – than two months after launching.

The platform, which launched on 28 February, offers liquidity providers a rebate of $0.20 per contract and charges liquidity takers $0.30 per contract.

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