The largest electronic stock exchange in the country based on share volume, NSX posted a new daily share volume record yesterday of 764,728,699, exceeding the previous record of 706,016,102 set April 29, 2004.
"While shattering volume records less than a week into the new year is positive in itself, topping two million trades is a major milestone for NSX," said NSX Chief Executive Officer and President David Colker. "It was only a year ago that we celebrated hitting the one-million mark. Our dramatic growth attests to the value of our business model and inspires us to continue providing the most cost-efficient exchange services in the industry."
National Stock Exchange, the nation's first all-electronic stock exchange, is the low-cost provider of exchange services and a recognized alternative to the primary markets. Having replaced its physical trading floor with a completely automated market in 1980, NSX has been a model of exchange efficiency and a driving force for change in the world of securities exchanges. Founded in 1885, the Exchange changed its name on Nov. 7, 2003 to National Stock Exchange from The Cincinnati Stock Exchange. Visit NSX's website at http://www.nsx.com.
