NASDAQ continued to capture a greater percentage of market share and share volume in NYSE-listed securities. During March 2006, NASDAQ’s total market share in NYSE-listed securities was approximately 22.7%, an increase from 21.4% in February and from 16.2% in March 2005.* NASDAQ’s average daily share volume in NYSE-listed securities in March 2006 was approximately 519.0 million, compared to 497.4 million in February and 336.4 million in March 2005. Matched market share in NYSE-listed securities increased to 7.9% in March and our touched market share in these securities rose from 6.7% in March 2005 to 19.7% in March 2006.
NASDAQ’s market share in NASDAQ-listed securities was approximately 79.1%, compared with February’s market share of 80.0%. Included in the total market share figure for March is approximately 30.0% in NASDAQ securities and 14.9% in NYSE securities executed by broker dealers and reported to NASDAQ. Matched market share in NASDAQ-listed securities was 48.7% in March and our touched market share in NASDAQ securities was 56.75% in March 2005 compared to 57.25% in March 2006.
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.
NASDAQ is the largest U.S. electronic stock market. With more than 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 Web site at http://www.nasdaq.com or the NASDAQ Newsroom at http://www.nasdaq.com/newsroom/.
*Note: Reflects activity in the NASDAQ Market Center, INET and Brut trading platforms
