The NASDAQ Stock Market's Matched Market Share in U.S. Equities Exceeded
All Other U.S. Exchanges for the Twelfth Consecutive Month
Matched Share Volume in NYSE-listed Stocks Increased More Than 100
Percent Over Year Ago Period
NEW YORK, April 25, 2008 (PRIME NEWSWIRE) -- The NASDAQ OMX Group, Inc. (NASDAQ(r)) (Nasdaq:NDAQ) today announced consolidated market performance statistics for its U.S. and Nordic exchanges for the month of March 2008.
Business Highlights
-- For the twelfth straight month, the NASDAQ Stock Market had the
largest matched market share of U.S.-listed equities at 30.6%.
-- The NASDAQ Stock Market's matched share volume in NYSE-listed stocks
increased more than 100% from March 2007.
-- Equity trades on NASDAQ OMX exchanges in the U.S. and Nordic regions
increased 72% from March 2007.
-- The average daily trading volume in all equity and fixed-income
derivative products traded on NASDAQ OMX exchanges increased 26%
from March 2007.
Equities Trading
The average daily value traded on NASDAQ OMX exchanges totaled US$104.0 billion (EUR 67.2) in March 2008 as compared with US$63.5 billion (EUR 48.0) in March 2007, representing an increase of 64%. The average daily number of trades executed on NASDAQ OMX exchanges totaled 11.5 million in March 2008, representing a 72% increase from the same month last year.
The NASDAQ Stock Market's matched market share of U.S. equity share volume in March 2008 was more than any other U.S. exchange for the twelfth consecutive month at 30.6%, compared with 28.8% during the same period last year. NASDAQ's matched market share in NYSE-listed securities last month was 21.5%, up from 15.9% in March 2007.
The NASDAQ Stock Market's average daily matched volume in all U.S. securities was 2.5 billion shares in March 2008, an increase of 53% from March 2007. Average daily matched volume in NYSE-listed stocks was 1.0 billion shares in March 2008, representing a 101% increase compared with the same period last year. Average daily matched volume in NASDAQ-listed securities was 1.1 billion shares, a gain of 7% from March 2007.
On the Nordic Exchanges the average daily number of trades exceeded 216,000 in March 2008, an increase of 20% from March 2007. In March 2008, average daily value traded remained stable in dollar terms at $7.0B but decreased 19% in Euros to 4.3B Euros from 5.4B Euros in March 2007.
Derivatives Trading
The average daily volume in all equity and fixed-income derivative products traded on the Nordic Exchanges amounted to 575,225 contracts in March 2008, compared with 457,762 contracts during the same period last year. The average daily trading volume in share products, index products, and fixed income products changed 36%, -8%, and 56%, respectively, compared with March 2007.
An additional 163,766 Nordic equity derivative contracts traded on EDX in March 2008 up 23.0% from 133,092 in March 2007
Exchange Traded Fund (ETF) Trading
The NASDAQ Stock Market's average daily matched share volume of U.S. ETFs in March 2008 was 512 million shares, more than any other U.S. exchange, representing a gain of 172% from the same period last year. Matched market share in U.S. ETFs last month was 38.6%, a 4.9 percentage point increase from the same period one year ago.
The average daily value traded in ETFs on NASDAQ OMX exchanges in the Nordic region last month totaled EUR 247 million, representing an increase of 9% from March 2007.
Bond Trading
The average daily value traded in fixed income securities on NASDAQ OMX exchanges in the Nordic region in March 2008 amounted to EUR 190 million, compared with EUR 57 million during the same month last year -- an increase of 231% from March 2007.
The NASDAQ OMX Group, Inc. Monthly Volume and Market Share Report is available at http://media.primezone.com/cache/6948/file/5561.pdf
For more information about these and other NASDAQ Stock Market performance statistics, visit www.nasdaqtrader.com/marketshare.
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.
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