Boston Stock Exchange Sets New Record – BSE Announces First Quarter 2001 Results

The Boston Stock Exchange (BSE) announced on Friday January 5 volume results for the first quarter of fiscal year 2001. For the quarter ended December 31, 2000, average daily share volume reached a record 24.9 million shares, up 24% compared to the same period in fiscal 2000, while trade volume grew to more than 54,500 trades per day, an increase of 20%. The BSE closed the year 2000 with a record breaking 101,261 trades executed on December 29th. The previous single day record of 93,863 shares was set on January 10, 2000.

The BSE begins the New Year with more record-setting volume levels – on January 3, 2001 the BSE’s average daily share volume reached 40 million shares.

The Exchange also reported record gains for the calendar year-end. Total annual share volume for 2000 was 5.6 billion, an increase of 29% from 1999. Total annual trade volume for the year was 13.4 million, up 34% from the prior year. On an average daily basis, the BSE’s share volume rose from 17.4 to 22.4 million shares per day and average daily trade volume reached 53,021 trades, an increase from 39,646 trades per day in 1999.