NYSE Euronext U.S. Stock Trading Volume Down 24.6 Percent
October 7, 2010
NYSE Euronext said its volume of trading in U.S. equities fell 24.6 percent in September, compared to a year ago. Worldwide, its trading in derivative securities was up nearly 5 percent.
Average daily volume in derivative contracts was 7.7 million, up 22.5 percent from August and up 4.8 percent from a year earlier.
The biggest driver was a 15.9 percent gain in volume of U.S. equity options. European derivatives trading volume was down 2.7 percent.
In equities, average daily volume of trading in the U.S. was 2.3 billion shares, down 0.8 percent from August and 24.6 percent from September 2009. Its share of trading in NYSE-listed stocks was 38.4 percent, up from 38.1 percent in August 2010and 36.1 percent in September 2009.
In Europe, trading in cash products amounted to 1.4 million transactions in September, down 5.2 percent from a year earlier but up 9.5 percent from a month earlier.
SmartPool, the London-based dark pool owned by NYSE Euronext with BNP Paribas SA, HSBC Holdings Plc and JPMorgan Chase & Co., experienced strong growth in the third quarter of 2010 with the number of trades increasing to 855,770 from 3,141 in the third quarter of 2009 and 541,743 in the second quarter of 2010.
