The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), 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 Feb. 9-13.
The data indicated that during Feb. 9-13, program trading amounted to 30.3 percent of NYSE average daily volume of 2,916.0 million shares1, or 884.6 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.
In all markets, program trading by member firms averaged 2,937.2 million shares a day during Feb. 9-13. About 30.1 percent of program trading took place on the NYSE, 0.7 percent in non-U.S. markets and 69.2 percent in other domestic markets, including Nasdaq, the American Stock Exchange and regional markets.
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