Nasdaq reports growth in dark trading on its book
Published on July 10, 2008.
The volume of non-displayed US equities trades on the Nasdaq stock exchange increased in June, according to Nasdaq OMX market performance statistics for the month.
Some 11.8% of Nasdaq’s matched equities volume resulted from non-displayed orders in June, which added 5.6 billion shares of dark liquidity to the exchange’s book.
The Nasdaq OMX group as a whole saw a big boost in equities trading volume and values in June. The average daily value traded on the group’s exchanges was $104.2 billion, a 40.1% increase over the $74.4 billion of value traded in June 2007. The average daily number of trades executed on the group’s exchanges was 11.1 million, a 70.5% increase over the same month last year.
The Nasdaq stock market’s average daily matched volume in all US securities was 2.5 billion shares in June, an increase of 43% from June 2007. On all Nordic and Baltic markets, the average daily number of trades was 189,900, an increase of 2% from the previous June.
