Bats welcomes new Global X Fund to the Bats ETF Marketplace

Bats Global Markets, Inc. (Bats:BATS) just welcomed a new Global X Fund to the Bats ETF Marketplace.

The Global X U.S. Infrastructure Development ETF (Bats: PAVE) seeks to provide investment results that correspond generally to the price and yield performance of the Indxx U.S. Infrastructure Development Index.

The fund holds a basket of companies involved in the maintenance and development of infrastructure projects, including those involved in construction & engineering; the production of materials and composites; the transportation of those materials; and the distribution of heavy machinery.

Year to date, Bats has welcomed 19 ETFs to its U.S. market. In the fourth quarter of 2016, Bats welcomed a total 34 ETFs from 13 providers.

Including transfers from competitor venues, Bats welcomed 85 ETF listings to its U.S. market, an increase of 145% over 2015. During the year, Bats won 17% of ETF switches.

There are now 156 ETFs listed on Bats ETF Marketplace, from 27 different issuers.

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