NYSE Volume Down 38.5%, No Thanks to Sandy
November 13, 2012
NYSE Euronext said its trading volume on its U.S. exchanges fell 38.5% in October from a year ago, to 1.5 billion shares a day.
The operator of the New York Stock Exchange, NYSE Arca and NYSE MKT said volume aalso was down 8% from September and noted it faced a “9% decrease in the number of trading days” due to Hurricane Sandy.
The company’s share of trading in NYSE-listed stocks was 30.6%, it said, down from 33.9% a year ago and 31.1% in September.
So far this year, average daily volume is 1.7 billion shares, down 27.2% from the average in the first 10 months of 2011.
In other types of securities:
• Global trading in futures and options: Daily volume of 7.2 million contracts was down 11.8% from a year ago and 5.7% from September.
• U.S. equity options: Daily volume of 4.0 million contracts was down 13.7% from a year ago and 2.0% from September.
• European derivatives: Daily volume of 3.7 million contracts was 19.7% below a year ago.
• Fixed income products: Daily volume of 1.5 million contracts was down 19.9% from a year ago and 23.8% from a month earlier.