Equity Trading Continued to Increase on The NASDAQ Stock Market
and Nordic Markets
The NASDAQ Stock Market Maintains Its Lead in Matched Market
Share of All U.S.-Listed Equities
NEW YORK, June 17, 2008 (PRIME NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced consolidated market performance statistics for its U.S. and Nordic exchanges for the month of May 2008.
Business Highlights
* The NASDAQ Stock Market's average daily matched trade count in
U.S. equities increased 49% from last year. On the NASDAQ OMX
Nordic and Baltic Markets, average daily equity trade counts rose
6.2% from May 2007.
* For the fourteenth consecutive month, The NASDAQ Stock Market
had the largest matched market share of U.S.-listed equities at
29.2%.
* The NASDAQ Stock Market's matched market share in NYSE-listed
stocks reached a record 21.8%.
* Exchange traded fund (ETF) average daily share volume matched on
The NASDAQ Stock Market rose 80.1% from one year ago.
* The average daily value of bond trading on NASDAQ OMX Nordic
markets increased 247% from May 2007.
Equities Trading
The average daily value traded on NASDAQ OMX exchanges totaled USD 86.7 billion (EUR 55.7 billion) in May 2008 as compared with USD 66.4 billion (EUR 49.1 billion) in May 2007, representing an increase of 30.6% (13.5%). The average daily number of trades executed on NASDAQ OMX exchanges totaled 9.2 million in May 2008, representing a 47.6% increase from the same month last year.
The NASDAQ Stock Market's average daily matched volume in all U.S. securities was 2.0 billion shares in May 2008, an increase of 25.8% from May 2007. The NASDAQ Stock Market's matched share of U.S. equity volume in May 2008 was more than any other U.S. exchange for the fourteenth consecutive month at 29.2%, compared with 28.9% during the same period last year. The NASDAQ Stock Market's average daily matched trade count in U.S. equities increased 48.8% from last year.
Average daily matched volume in NYSE-listed stocks was 838 million shares in May 2008, representing a 77.5% increase compared with the same period last year. NASDAQ's matched market share in NYSE-listed securities last month was a record 21.8%, up from 15.6% in May 2007. Average daily matched volume in NASDAQ-listed securities was 856 million shares, a two percent increase from the previous month.
During the month of May, 18.6% of NASDAQ's matched volume resulted from non-displayed orders, adding 370.2 million shares of dark liquidity to the NASDAQ book.
On all the Nordic and Baltic Markets, the average daily number of trades was 188.6 thousand in May 2008, an increase of 6.2% from May 2007. In May 2008, average daily value traded was USD 5.9 billion (EUR 3.8 billion).
Derivatives Trading
The average daily volume in all equity and fixed-income derivative products traded on the Nordic Exchanges totaled 425.0 thousand contracts in May 2008. The average daily trading volume in share products, index products and fixed income products changed -8.0%, 14.0%, and 13.0%, respectively, compared with May 2007.
An additional 145.6 thousand Nordic equity derivative contracts traded on the EDX derivatives exchange on an average daily basis during May 2008, an increase of 25.5% from 116.0 thousand in May 2007.
Exchange Traded Fund (ETF) Trading
The NASDAQ Stock Market's average daily matched share volume of U.S. ETFs in May 2008 was 320 million shares, more than any other U.S. exchange, representing a gain of 80.1% from the same period last year. Matched market share in U.S. ETFs last month was 35.7%.
The average daily value traded in ETFs on NASDAQ OMX exchanges in the Nordic region last month totaled EUR 159 million.
Bond Trading
The average daily value traded in fixed income securities on NASDAQ OMX exchanges in the Nordic region in May 2008 amounted to EUR 216 million, compared with EUR 62 million during the same month last year -- an increase of 247% from May 2007.
The NASDAQ OMX Group, Inc. Monthly Volume and Market Share Report is available at http://media.primezone.com/cache/6948/file/5777.pdf
For more information about these and other NASDAQ Stock Market performance statistics, visit www.nasdaqtrader.com/marketshare.
For more detailed statistics on NASDAQ OMX exchanges in the Nordic region, including national figures, visit http://www.omxnordicexchange.com/newsandstatistics/statisticsanalysis/?languageId=1.
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, and with over 3,900 companies, it is number one in worldwide listings among major markets. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; the OMX Nordic Exchange, including First North; and the 144A PORTAL Market. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX Group technology supports the operations of over 60 exchanges, clearing organizations and central securities depositories in more than 50 countries. OMX Nordic Exchange is not a legal entity but describes the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.
NASDAQ Market Share Terminology
Matched Market Share
Data represent share volume of NASDAQ-listed, NYSE-listed or U.S. equity securities (including ETFs) that are executed on the NASDAQ book as a percentage of consolidated market volume. Data are single counted.
Reported Market Share
Data represent share volume reported to the consolidated tape using NASDAQ-operated systems, which includes total share volume of NASDAQ-listed, NYSE-listed, or U.S. equity securities, including ETFs, executed on the NASDAQ book plus internalized volume and other trade reporting to The FINRA/NASDAQ Trade Reporting Facility(tm), a facility of FINRA that is operated by NASDAQ, as a percentage of consolidated market volume. Shares routed to other market centers for execution are not included. Data are single counted. Trades reported to the FINRA/NASDAQ TRF do not reflect liquidity available on the NASDAQ book.
Handled Market Share
Data represent share volume reported to the consolidated tape using NASDAQ-operated systems, which includes total share volume of NASDAQ-listed, NYSE-listed, or U.S. equity securities including ETFs that are executed on the NASDAQ book plus internalized volume and other trade reporting to The FINRA/NASDAQ TRF as a percentage of total consolidated NASDAQ market volume plus shares routed to other market centers for execution. Data are single counted. Trades reported to the FINRA/NASDAQ TRF and shares routed to other market centers for execution do not reflect liquidity available on the NASDAQ book.
+ Foreign Exchange rates represent an average of end-of-day rates for the months presented by Oanda.com.
FINRA is a registered trademark of the Financial Industry Regulatory Authority and is used under license from the Financial Industry Regulatory Authority.
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