The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced consolidated market performance statistics for its U.S. and Nordic exchanges for the month of June 2008.
Business Highlights
- For the fifteenth consecutive month, The NASDAQ Stock Market had the largest matched market share of U.S.-listed equities:
- In June 2008 average daily matched share volume in U.S. equities increased to 2.5 billion shares, an increase of 43% from June 2007.
- For the second quarter 2008 average daily matched share volume increased 32% to 2.1 billion shares per day from 1.6 billion shares in the second quarter 2007.
- Year-to-date average daily matched share volume has increased 46% from the same period last year.
- The NASDAQ Stock Market's average daily matched volume in NYSE-listed stocks reached a record 1.06 billion shares in June 2008, an increase of 107% from June 2007. Matched market share in NYSE-listed stocks rose to a record 23.0 percent during the month.
- The NASDAQ Stock Market's average daily matched volume in NASDAQ-listed securities increased 13% from the previous month.
- The NASDAQ Stock Market's average daily matched volume of U.S. ETFs was more than any other U.S. exchange and rose 99.0% from one year ago.
- On the NASDAQ OMX Nordic and Baltic Markets, average daily equity trade counts rose 2.0% from June 2007. The average daily value of equity trading in June totaled USD 5.5 billion (EUR 3.6 billion), a 7% decrease from the previous month.
- The average daily value of bond trading on NASDAQ OMX Nordic markets increased 97% from June 2007.
Equities Trading
The average daily value traded on NASDAQ OMX exchanges totaled USD 104.2 billion (EUR 66.9 billion) in June 2008 as compared with USD 74.4 billion (EUR 55.4 billion) in June 2007, representing an increase of 40.1%. The average daily number of trades executed on NASDAQ OMX exchanges totaled 11.1 million in June 2008, representing a 70.5% increase from the same month last year.
The NASDAQ Stock Market's average daily matched volume in all U.S. securities was 2.5 billion shares in June 2008, an increase of 43.0% from June 2007. NASDAQ's matched share of U.S. equity volume in June 2008 was more than any other U.S. exchange for the fifteenth consecutive month at 30.4%, compared with 28.7% during the same period last year. The NASDAQ Stock Market's average daily matched trade count in U.S. equities increased 72.0% from last year.
Average daily matched volume in NYSE-listed stocks was a record 1.06 billion shares in June 2008, representing a 107% increase compared with the same period last year. NASDAQ's matched market share in NYSE-listed securities last month was a record 23.0%, up from 15.9% in June 2007.
Average daily matched volume in NASDAQ-listed securities was 966 million shares, a 13% increase from the previous month.
During the month of June, 11.8% of NASDAQ's matched volume resulted from non-displayed orders, adding 5.6 billion shares of dark liquidity to the NASDAQ book.
On all the Nordic and Baltic Markets, the average daily number of trades was 189.9 thousand in June 2008, an increase of 2.0% from June 2007. In June 2008, average daily value traded was USD 5.5 billion (EUR 3.6 billion). On all the Nordic and Baltic Markets, the average daily number of trades was 189.9 thousand in June 2008, an increase of 2.0% from June 2007. In June 2008, average daily value traded was USD 5.5 billion (EUR 3.6 billion), a 7% decrease from the previous month.
Derivatives Trading
The average daily volume in all equity and fixed-income derivative products traded on the Nordic Exchanges totaled 478.1 thousand contracts in June 2008. The average daily trading volume in share products, index products and fixed income products changed -5.0%, 7.0%, and 4.0%, respectively, compared with June 2007.
An additional 149.7 thousand Nordic equity derivative contracts traded on the EDX derivatives exchange on an average daily basis during June 2008, an increase of 7.7% from 139.0 thousand in June 2007.
Exchange Traded Fund (ETF) Trading
The NASDAQ Stock Market's average daily matched share volume of U.S. ETFs in June 2008 was 477 million shares, more than any other U.S. exchange, representing a gain of 99.0% from the same period last year. Matched market share in U.S. ETFs last month was 37.9%, compared with 35.7% in May 2008.
The average daily value traded in ETFs on NASDAQ OMX exchanges in the Nordic region last month totaled EUR 173 million.
Bond Trading
The average daily value traded in fixed income securities on NASDAQ OMX exchanges in the Nordic region in June 2008 amounted to EUR 166 million, compared with EUR 84 million during the same month last year -- an increase of 97% from June 2007.
The NASDAQ OMX Group, Inc. Monthly Volume and Market Share Report is available at http://media.primezone.com/cache/6948/file/5862.pdf
For more information about these and other NASDAQ Stock Market performance statistics, visit http://www.nasdaqtrader.com/trader.aspx?id=3Dmarketshare.
For more detailed statistics on NASDAQ OMX exchanges in the Nordic region, including national figures, visit http://www.omxnordicexchange.com/newsandstatistics/statisticsanalysis/?languageId=1.
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, and with over 3,900 companies, it is number one in worldwide listings among major markets. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; the OMX Nordic Exchange, including First North; and the 144A PORTAL Market. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX Group technology supports the operations of over 60 exchanges, clearing organizations and central securities depositories in more than 50 countries. OMX Nordic Exchange is not a legal entity but describes the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.
NASDAQ Market Share Terminology
Matched Market Share
Data represent share volume of NASDAQ-listed, NYSE-listed or U.S. equity securities (including ETFs) that are executed on the NASDAQ book as a percentage of consolidated market volume. Data are single counted.
Reported Market Share
Data represent share volume reported to the consolidated tape using NASDAQ-operated systems, which includes total share volume of NASDAQ-listed, NYSE-listed, or U.S. equity securities, including ETFs, executed on the NASDAQ book plus internalized volume and other trade reporting to The FINRA/NASDAQ Trade Reporting Facility(tm), a facility of FINRA that is operated by NASDAQ, as a percentage of consolidated market volume. Shares routed to other market centers for execution are not included. Data are single counted. Trades reported to the FINRA/NASDAQ TRF do not reflect liquidity available on the NASDAQ book.
Handled Market Share
Data represent share volume reported to the consolidated tape using NASDAQ-operated systems, which includes total share volume of NASDAQ-listed, NYSE-listed, or U.S. equity securities including ETFs that are executed on the NASDAQ book plus internalized volume and other trade reporting to The FINRA/NASDAQ TRF as a percentage of total consolidated NASDAQ market volume plus shares routed to other market centers for execution. Data are single counted. Trades reported to the FINRA/NASDAQ TRF and shares routed to other market centers for execution do not reflect liquidity available on the NASDAQ book.
+Foreign Exchange rates represent an average of end-of-day rates for the months presented by Oanda.com.
FINRA(tm), "Trade Reporting Facility(tm) and TRF(tm) are trademarks of Financial Industry Regulatory Authority, Inc.