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Chicago Stock Exchange (CHX) Daily Volume Tops 100 Million For First Time

Date 10/12/1999

The Chicago Stock Exchange (CHX) recorded the highest single-day volume in its history on December 9, as 101,301,922 shares changed hands. It was the first time the Exchange's daily share volume reached 100 million, shattering the previous record of 92,811,670 set less than a month ago on November 17. Trade volume for the day reached 225,641, also a record. "The Chicago Stock Exchange continues to re-write its record books," said CHX President and CEO Bob Forney. "Our record volume day, coming directly on the heels of our record-breaking November, demonstrates not only that the CHX is a strong competitor in the U.S. equities market, but also that our state-of-the-art trading systems can seamlessly process the ever-increasing business that the Exchange does." The Chicago Stock Exchange was founded May 15, 1882 and is the second most active stock exchange in terms of share and trade volume. The CHX is also the fastest growing exchange providing the strongest force for competition to all U.S. markets. The CHX trades more than 4,000 NYSE, AMEX, Nasdaq and CHX-exclusive issues, more than any other stock exchange in the world.