NSX also set new single-day records last month. On March 11, 2004, trades on NSX reached a new all-time high of 1.4 million, compared with the previous single-day record of 1.3 million set March 10, 2004. Share volume set a record 647.3 million on March 11, 2004, up from the 636 million share single-day record set on March 10, 2004.
The third largest stock market in the United States, NSX in March 2004 captured a 29 percent market share of trades in Nasdaq-listed stocks, up from 26 percent in February 2004; and a 17 percent market share of trades in Amex-listed stocks, compared with 15 percent the previous month.
In addition, NSX reached a significant milestone last month as it marked the Exchange's 119-year anniversary on March 7, 2004.
The 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.
