Instinet Incorporated, a global leader in electronic trading and agency-only brokerage services, today released Q3 2008 volume figures for its US-based subsidiary, Instinet, LLC. Average daily trading volume – 514,339,546 shares – and U.S. equity market share – 5.17 percent – for the quarter reached all-time highs for the firm, led by the 1,055,962,776 shares traded, including 122,154,334 in the Instinet CBXTM dark pool, on September 18.
* Reflects commission-generating volume.
** Based on overall market figures from Thomson Reuters.