Direct Edge announced today statistical information regarding its volume for March 2009. Direct Edge reported a record 2.153 billion shares handled per day in March, representing a 251% year-over-year increase. Direct Edge also set market share records for the fourth consecutive month in March, with a handled and matched share of 17.50% and 10.59%, respectively. For the final twelve trading days of the month, 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 |
| N |
18.52% | 9.99% |
| NYSE Arca, NYSE Amex | 16.17% | 12.18% |
| NASDAQ | 15.79% | 10.67% |
The number of shares executed in Direct Edge’s Enhanced Liquidity Provider (ELP) Program for March was a record 201 million (ADV). The ADV for MidPoint MatchSM 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
