CHX Year-to-Date Trade Volume Exceeds 1998 Total

The Chicago Stock Exchange (CHX) exceeded 1998 total trade volume in August and recorded continued growth in both trade and share volume. Total trade volume for the month finished at 2,175,836, up 50 percent from August 1998, while total share volume increased 37 percent from last August, ending at 1,088,119,283. Year to date, total trade volume is 17,713,786 compared to 16,332,625 trades for all of 1998. The CHX's OTC program, through which the Exchange can now trade 1,000 Nasdaq issues, continued to grow in August. Trade volume finished at 561,962 up from 23,501 last August. Share volume ended at 219,894,843 compared to 31,883,535 in August 1998. The CHX retained its market share lead in extended hours auction market trading. In August, 22,515,871 shares exchanged hands in the half-hour after the primary markets closed, representing 80 percent of the industry total. 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.