NEW YORK, July 14, 2008 (PRIME NEWSWIRE) -- In a release issued earlier today under the same headline, note that a new fifth paragraph was added and the URL for the sixth paragraph has changed. The updated release follows:
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced The NASDAQ Stock Market has captured for the first time a greater share of trading in NYSE-listed stocks than the New York Stock Exchange. On Friday, July 11, NASDAQ(r)'s matched share volume in NYSE-listed securities was 1.730 billion compared to the NYSE's 1.727 billion. NASDAQ's matched market share in NYSE-listed securities was 25.66%, compared with the NYSE's 25.61%.
During June 2008, NASDAQ's average daily matched volume in NYSE-listed stocks was a record 1.06 billion shares, a 107% increase compared with the same period last year. NASDAQ's matched market share in NYSE-listed securities last month was a record 23.0%, up from 15.9% in June 2007.
NASDAQ's matched market share in NYSE-listed securities has grown fifteen-fold from 64 million shares per day in June 2005 to 1.06 billion shares per day in June 2008.
"There has been a sea change in how and where stocks trade, and this is a milestone that speaks to that trend," said Chris Concannon, Executive Vice President, Transaction Services, NASDAQ OMX.
For information about NASDAQ's market share in the 20 most actively traded NYSE-listed securities on July 11, visit http://media.primezone.com/cache/6948/file/5875.xls
To view a graph highlighting NASDAQ's growth in trading NYSE-listed securities over the past several years, visit http://media.primezone.com/cache/6948/file/5876.jpg
For more information about these and other NASDAQ Stock Market performance statistics, visit http://www.nasdaqtrader.com/trader.aspx?id=marketshare
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.
NDAQG