NSX, the largest electronic stock exchange in the country based on share volume, posted 90.9 billion shares in the first nine months of 2004, up 32 percent from its calendar year record of 68.9 billion set in 2003. Year-to-date trades through September 2004 of 211.4 million surged 45 percent ahead of the calendar year record of 145.6 million set in 2003. Year-to-date trades and share volume surpassed calendar year 2003 record levels in July 2004.
The third largest stock market in the United States, NSX in September 2004 captured a 31-percent market share of trades in Nasdaq-listed stocks, and a 14-percent market share of trades in Amex-listed stocks.
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 November 7, 2003 to the National Stock Exchange from the Cincinnati Stock Exchange.
