Equities trading platform BATS Europe’s market share grew to 0.97% by value on 23 January from 0.85% on 16 January, according to the MTF’s new market share display facility, launched today. In volume terms, BATS Europe’s market share rose to 0.95% on 23 January from 0.93% the week before. The MTF’s five-day average on 23 January was 0.95% by value and 1.12% by volume.
Of all the European markets in which it operates, BATS Europe’s biggest share of trading is in FTSE 100 stocks where it commanded 1.52% by value and 1.40% by volume on January 23.
BATS Europe’s market share display facility provides 15-minute-delayed market share data both for itself and other major exchanges and MTFs in Europe. The market shares are computed by monitoring stock exchange and MTF market data feeds and summarising order book executions from each venue.
According to the BATS data, fellow MTF Chi-X’s value market share grew to 10.93% on 23 January from 9.74% on 16 January, and its volume increased to 9.78% from 8.60%. Turquoise’s market share also rose, to 5.51% from 4.58% by value, and to 4.22% from 3.91% by volume.
However, Nasdaq OMX Europe suffered a slight drop in market share over the same period. Its share of the value dropped to 0.12% from 0.13%
and volume to 0.15% from 0.19%.