CHX 2000 trade volume increased 113 percent over 1999 to a record 64,797,256. Share volume also reached an all-time high of 26,980,144,317, up 87 percent over the previous year.
For the month of December, trade volume finished at 5,593,262, an increase of 26 percent over December 1999, while share volume reached 2,651,590,379, up 33 percent over last December. Average daily trades during December reached 279,663, while average daily shares hit a record high in December of 132,579,519.
Volume in the OTC program skyrocketed to 34,493,853 trades, up 356 percent from 1999, and 10,821,645,437 shares, up 291 percent from last year. December OTC trade volume increased 108 percent to 3,308,804, while share volume reached 1,137,996,541, up 123 percent over last December. The CHX is the only floor-based auction market in the country that trades Nasdaq issues.
In addition to equities, the CHX also offers 78 Exchange Traded Funds (ETF's), including Standard & ), Select„µ (SPDRs„µPoor?s Depositary Receipts , and Nasdaq-100 Index Tracking StockSM (QQQs). The„µ, MidCap SPDRs„µSector SPDRs CHX increased its ETF trade volume by 475 percent over 1999 and its share volume by 464 percent over 1999.
At the close of 2000, CHX seat prices increased to $250,000, a 54 percent increase over 1999.
"Our growth over the past six years has been remarkable," said CHX President and CEO Bob Forney. "Our ability to provide investors with a one-stop shop for equities, complete with low trading costs and fast, high quality executions, continues to fuel unprecedented growth at the Exchange. The fact that the CHX continues to set new volume records demonstrates that our success in combining the best of electronic trading technology with the human element of specialists, floor brokers and market makers is a model for exchanges of the future."
Share volume for extended hours trading from 3:00 p.m. to 5:30 p.m. Central Time totaled 373,732,897 for the year and 44,469,135 for December.
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 4,500 NYSE, Amex, Nasdaq and CHX-exclusive issues, more than any other stock exchange in the world.
