Direct Edge announced today statistical information regarding its volume for April 2009. Direct Edge reported a record 2.13 billion shares handled per day in April, representing a 273% year-over-year increase. Direct Edge also set market share records for the fifth consecutive month in April, with a handled and matched share of 19.00% and 12.54%, respectively. Direct Edge’s matched market share ranked third among all U.S. equity markets, behind only the NYSE and NASDAQ.
The table below shows Direct Edge’s market share broken out by listing market:
|
Listing
Market |
Handled Market Share |
Matched Market Share |
|
NYSE |
19.86% |
11.73% |
|
NYSE Arca, NYSE Amex |
18.63% |
14.88% |
|
NASDAQ |
16.97% |
12.43% |
The number of shares executed in Direct Edge’s Enhanced Liquidity Provider (ELP) Program for April was 162 million (ADV). The ADV for MidPoint Match(SM) was 9 million.
All volume and market share statistics reflect single-counted data across all Direct Edge trading destinations—EDGA, EDGX, and the ISE Stock Exchange. For a detailed explanation of Direct Edge’s volume and market share terminology and methodology, please see http://www.directedge.com/marketshare_terminology.aspx
