.jpg)
The New York Stock Exchange today released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for Apr. 23-27.
The data indicated that during Apr. 23-27, program trading amounted to 32.0 percent of NYSE average daily volume of 3,350.1 million shares1, or 1,070.4 million program shares traded per day.
Program trading encompasses a wide range of portfolio-trading strategies involving the purchase or sale of a basket of at least 15 stocks with a total value of $1 million or more.
For the second quarter of 2007, the NYSE’s program-trading report includes profiles of program trading whenever the New York Stock Exchange Composite Index (NYA) moves 180 points or more in a single direction during any one-hour period. During Apr. 23-27, there were no such periods.
In all markets, program trading by member firms averaged 2,266.2 million shares a day during Apr. 23-27. About 47.2 percent of program trading took place on the NYSE, 3.6 percent in non-U.S. markets and 49.2 percent in other domestic markets, including Nasdaq, the American Stock Exchange and regional markets.
View the Top 15 Most Active
