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Nasdaq Sets Another Share Volume Record

Date 09/12/1999

The Nasdaq Stock Market® today set another new record for total number of shares traded in a single day, with preliminary figures indicating more than 1.668 billion shares changed hands. No other U.S. equities market has ever traded more shares in a single day. This is the 122nd time this year that Nasdaqâ has traded over one billion shares in a single day. Nasdaq's average daily share volume this year is 1.051 billion, up 31percent over 1998. The Nasdaq Stock Market lists nearly 5,000 companies, has a larger dollar volume, and trades more shares per day than any other U.S. market. Nasdaq is a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), the largest securities-industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or the Nasdaq NewsroomSM at www.nasdaqnews.com.