The Nasdaq Stock Market, Inc.
(Nasdaq:NDAQ) today announced its consolidated market performance
statistics for the NASDAQ Market Center, INET and Brut trading
platforms for the month of June.
NASDAQ(r) continued to capture a greater percentage of market share and
share volume in NYSE-listed securities. During June 2006, NASDAQ's
average daily share volume in NYSE-listed securities was approximately
594.6 million, compared with 566.5 million in May and 315.3 million in
June 2005. Matched market share(a) in NYSE-listed securities increased
to 8.9% in June from 8.0% in May. NASDAQ's touched market share in
NYSE-listed securities rose to 21.4%in June from 20.7% in May.
NASDAQ's total market share in NYSE-listed securities in June was
23.0%. Included in the total market share figure for June is 14.1% in
NYSE-listed securities executed by broker-dealers and reported to
NASDAQ.
NASDAQ's total market share in NASDAQ-listed securities in June
increased to 77.9%. Included in the total market share figure for June
is 29.0% in NASDAQ securities executed by broker-dealers and reported
to NASDAQ. Matched market share in NASDAQ-listed securities increased
to 48.9% in June and touched market share in NASDAQ-listed securities
in June was 55.2%.
NASDAQ's total market share in NASDAQ-listed securities is total share
volume of NASDAQ-listed securities that are executed on the NASDAQ
Market Center, INET and/or Brut books, plus internalized volume, as a
percentage of total consolidated NASDAQ market volume. Shares routed to
other market centers for execution are not included.
Total market share in NYSE-listed securities is based on total share
volume of NYSE-listed securities that are executed on the NASDAQ Market
Center, INET and/or Brut books, plus internalized volume as a
percentage of total consolidated NYSE market volume.
Matched market share represents total share volume of NASDAQ or
NYSE-listed securities that are executed on the NASDAQ Market Center,
INET or Brut books as a percentage of total consolidated NASDAQ or NYSE
market volume.
Touched market share represents total share volume of NASDAQ or
NYSE-listed securities that are executed on the NASDAQ Market Center,
INET or Brut books plus volume of shares routed to other market centers
for execution, as a percentage of consolidated NASDAQ or NYSE market
volume.
For more information about these and other NASDAQ market performance
statistics, visit www.nasdaqtrader.com/marketshare.
In other developments, on June 30, 2006, the Securities and Exchange
Commission (SEC) also approved NASDAQ's phased approach to Exchange
Operation. NASDAQ plans to become operational as an exchange in
NASDAQ-listed issues on August 1, 2006, and in other exchange-listed
issues on or after September 1, 2006. For more information regarding
exchange registration, please visit www.nasdaqtrader.com/er.
Additionally, NASDAQ plans to begin the migration of the NASDAQ, Brut
and INET systems into Single Book in NASDAQ-listed issues on a
security-by-security phase-in in August of 2006. Single Book
integration in NYSE-, Amex- and regional-listed securities will occur
following the completion of the Single Book integration of
NASDAQ-listed securities, on or after September 1, 2006. Single Book
integration is subject to approval from the SEC. For more information
regarding Single Book integration, please visit
www.NASDAQTrader.com/integration.
NASDAQ is the largest U.S. electronic stock market. With approximately
3,200 companies, it lists more companies and, on average, trades more
shares per day than any other U.S. market. It is home to companies that
are leaders across all areas of business including technology, retail,
communications, financial services, transportation, media and
biotechnology. NASDAQ is the primary market for trading NASDAQ-listed
stocks. For more information about NASDAQ, visit the NASDAQ website at
http://www.nasdaq.com or the NASDAQ Newsroom at
http://www.nasdaq.com/newsroom/.
(a) The NASDAQ, Brut and INET matched volume numbers for NYSE-listed
securities are pulled from an internal NASDAQ data source.