BATS Global Markets (BATS), the #1 U.S. market for the trading of exchange-traded funds (ETFs), welcomes the MomentumShares International Quantitative Momentum ETF (BATS: IMOM), which began trading today on BATS Exchange.
The MomentumShares International Quantitative Momentum ETF invests primarily in the exchange-listed common stock of international companies. It follows the December 2, 2015, launch of the MomentumShares U.S. Quantitative Momentum ETF (BATS: QMOM).
MomentumShares is advised by Alpha Architect, an SEC-registered investment firm that seeks to design affordable, active-management strategies for ETFs and Separately Managed Accounts. Alpha Architect’s strategies are rooted in the science of behavioral finance with a goal of beating behavioral bias. Alpha Architect has two of its ValueShares ETFs also listed on BATS Exchange.
With today’s additions, there are now four Alpha Architect-advised ETFs listed on the BATS ETF Marketplace.
BATS ranks as the top exchange operator for ETF trading with the BATS Exchanges – BYX, BZX, EGDA, EDGX – executing 26.5% of all U.S. ETF trading in November. BATS has been the #1 market for ETF trading for every month of 2015 as well as the #2 U.S. market for overall equities trading.
Additional information regarding the MomentumShares ETF is available at www.MomentumShares.com.
Additional information regarding listing and trading on the BATS ETF Marketplace is available on the BATS website. ETF issuers interested in joining the many firms listing on BATS may email firstname.lastname@example.org.
About BATS Global Markets, Inc.
BATS Global Markets, Inc., a leading global operator of exchanges and services for financial markets, is committed to Making Markets Better for traders, investors and issuers. In Europe, BATS operates the largest pan-European equities exchange, offering trading and listing services across 15 major European markets, as well as BXTR, the continent’s largest trade reporting facility. In the U.S., BATS operates four stock exchanges – BZX, BYX, EDGX and EDGA – and regularly ranks as the top market for ETF and retail-driven liquidity. The company is a listing venue for ETFs and other structured products, also operates two U.S. equity options markets – BATS BZX Options and BATS EDGX Options. Globally, BATS serves the foreign exchange (FX) market, the world’s largest asset class, with Hotspot, a leading institutional spot foreign exchange market. With its world-class technology and relentless customer focus, BATS strives to bring efficiency, transparency and fairness to market participants. The company is headquartered in Kansas City with offices in New York, London, Chicago and Singapore. Further information on BATS can be found at www.bats.com and by following us on Twitter @BATSGlobal.
BATS and its affiliates do not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. Investors should undertake their own due diligence regarding their securities and investment practices. This press release speaks only as of this date. BATS disclaims any duty to update the information herein.