Direct Edge announced today statistical information regarding its volume for November 2008. Direct Edge reported 1.06 billion shares handled per day in November, representing a 63% year-over-year increase. Direct Edge’s handled market share in all U.S. equity securities was 9.80% for the month, with a 5.49% matched market share.
The table below shows Direct Edge’s market share broken out by listing market:
|
Listing Market |
Handled
Market Share |
Matched
Market Share |
|
NYSE-listed |
10.76% |
5.54% |
|
Amex/NYSE Arca-listed |
6.47% |
4.05% |
|
NASDAQ-listed |
10.56% |
6.78% |
The number of shares executed in Direct Edge’s Enhanced Liquidity Provider (ELP) Program for November was a record 124.8 million (ADV). November is the third straight month of record-setting ELP volume.
All volume and market share statistics reflect single-counted data across both Direct Edge trading platforms. For a detailed explanation of Direct Edge’s volume and market share terminology and methodology, please see http://www.directedge.com/marketshare_terminology.aspx
