Direct Edge ECN announced today statistical information regarding its volume for August 2008. Direct Edge reported over 798 million shares handled per day in August, representing a 144% year-over-year increase. Direct Edge’s handled market share in all U.S. equity securities was 10.80% for the month, with a 5.69% matched market share. Handled market share and matched market share were all-time highs.
The table below shows Direct Edge’s market share broken out by listing market:
|
Listing Market |
Handled
Market Share |
Matched
Market Share |
|
NYSE-listed |
11.80% |
5.49% |
|
Amex/NYSE Arca-listed |
6.20% |
3.90% |
|
NASDAQ-listed |
11.43% |
7.30% |
The number of shares executed in Direct Edge’s Enhanced Liquidity Provider (ELP) Program for August was 82.3 million (ADV).
All volume and market share statistics reflect single-counted data across both Direct Edge trading platforms. For a detailed explanation of Direct Edge’s volume and market share terminology and methodology, please see http://www.directedge.com/marketshare_terminology.aspx
