Return to the NASDAQTrader.com homepage

NASDAQ Performance Statistics

NASDAQ’s Lead in Matched Market Share of All U.S.-Listed Equities Continues to Increase

The NASDAQ Stock Market offers the largest liquidity pool in all U.S. equity securities, giving customers access to depth in both displayed and non-displayed orders.

  • In July 2008, NASDAQ’s matched market share in U.S. equities was 30.3% — exceeding all other U.S. exchanges for the 16th consecutive month.
  • Average daily matched volume in all U.S. securities was a record 2.9 billion shares in July 2008, an increase of 57.3% from July 2007.

In addition, NASDAQ’s pool of liquidity in NYSE-listed securities is growing at a rapid rate. This is evident in NASDAQ’s record-setting month in NYSE-listed trading.

  • In July 2008, NASDAQ’s matched share in NYSE-listed securities hit a record for the second consecutive month at 23.7%.
  • Average daily matched volume in NYSE-listed stocks was a record 1.35 billion shares in July 2008, representing a 120% increase compared with the same period last year.

Monthly Matched Market Share on NASDAQ - July 2008*

 

Bloomberg - Chicago Tribune
CME Drops NYSE, Picks NASDAQ as Market Share Rises -
By Nandini Sukumar

30 June 2008

NYSE is losing market share to New York-based NASDAQ as the two biggest U.S. exchanges seek listings and trading. The NYSE's share in its own listed stocks tumbled in May to a record low 32.6 percent from 52.6 percent a year earlier, according to Lehman Brothers Holdings Inc. NASDAQ matched 21.6 percent of NYSE-listed stocks [in May 2008], up from 14.5 percent a year earlier.

  Download Data Now

 

Download Data Now Download Data Now Download Data Now

For detailed historical monthly market performance statistics, click on any of the charts above. NASDAQ also posts daily volume statistics by symbol and intraday volume by market center.

For historical market performance statistics, click on any of the charts above. For detailed definitions of terms, view our NASDAQ Market Share Terminology.

Liquidity Leaving the Floor

NYSE share volume in NYSE-listed securities plummeted to 26.9% in July 2008. Where are those shares being traded if not on NYSE? The answer is obvious. With faster trading and growing liquidity, it’s no wonder that NASDAQ continues to be the market of choice for trading NYSE-listed securities. Learn more on the Trading NYSE-listed Securities on NASDAQ page.

    Liquidity is leaving the floor
Bloomberg
NYSE NASDAQ Tops NYSE in Trading Listed Stocks; Big Board Disagrees

By Edgar Ortega
14 July 2008

“The NYSE's slice of that business has shrunk by more than half in the past three years, while NASDAQ has lured traders with its faster, fully automated market.

‘Some traders believe it's easier to get business done on NASDAQ in terms of instantaneous execution,’ said Michael Panzer, author of The New Laws of The Stock Market Jungle and an equity trader for more than 25 years. ‘The NYSE trading floor is history. The question is not when it will disappear, but how long it takes before people accept that reality.’ ”

Marks the Spot: Find Hidden Liquidity on NASDAQ

During the month of July, 18.3% of NASDAQ’s matched volume resulted from non-displayed orders, adding 12.4 billion shares of dark liquidity to the NASDAQ book.

Non-displayed liquidity —“dark liquidity”— is easily accessible on The NASDAQ Stock Market because it’s part of our existing matching system. Every order that comes into our book is given access to both non-displayed and displayed liquidity available on non-exchange and non-Alternative Display Facility (ADF) market centers. Firms don’t have to send orders to multiple destinations to access additional liquidity. NASDAQ already does that for you. Giving customers access to a deep pool of non-displayed liquidity furthers our commitment to helping our customers meet best-execution obligations. Read more.

NASDAQ Dominates ETF Trading

The NASDAQ Stock Market is the world's largest exchange for ETFs offering world-class technology, a deep pool of liquidity, a passion for efficient market structure and competitive pricing.

  • The NASDAQ Stock Market’s average daily matched share volume of U.S. ETFs in July 2008 was a record 640 million shares, more than any other U.S. exchange, representing a gain of 150.0% from the same period last year.
  • NASDAQ's matched volume of U.S. Exchange Traded Funds (ETFs) was more than any other U.S. exchange at 38.1%.

*Source: Consolidated Tape Assoc. and The NASDAQ Stock Market, Inc.
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.

 

Matched Market Share Select Tape A Securities*
Week of 8/18/08 - 8/22/08
Symbol NASDAQ NYSE
C 27.1% 17.4%
BAC 26.0% 15.7%
AIG 26.8% 14.4%
JPM 31.6% 18.8%
HD 28.2% 16.7%
HPQ 27.1% 20.1%
WMT 35.0% 21.2%
AA 30.7% 24.0%

 

Proven Reliability

  • 99.99+% uptime
Unmatched Speed

  • Processing systems routinely handle over 250,000 messages per second
  • Matching engine routinely handles over 125,000 messages per second
  • Sub-millisecond response times
  • Over 25,000 executions per second in production
Unsurpassed Capacity

  • Routinely processes over 2 billion messages per day
  • Over 133 billion shares accepted in a single day