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BATS loses market share in 2013

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BATS Global Markets Inc. saw its market share drop 2 percentage points in the United States and Europe in December. The Lenexa-based electronic stock exchange operator finished December with a 9.9 percent market share in the United States on average daily trading of 6.2 billion shares a day. It finished December in Europe with a 21.7 percent market share, down from 23.7 a year ago, but the value of the equities volume rose about 5.5 percent, and BATS Chi-X Europe remains the market leader. “The…

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