Nasdaq Stock Market, the US arm of global exchange group Nasdaq OMX, has retained its position as the largest venue for trading US equities, reporting a matched market share of 20.8% of the total US equity volume in April. The exchange said April was the twenty-fifth consecutive month that it had garnered the biggest matched market share of all US exchanges.
Nasdaq’s average daily matched volume across all US securities in April was 2.3 billion shares, representing a 19% year-on-year increase, while the average daily number of trades was 11 million, a 16% year-on-year increase. Non-displayed orders accounted for 16.6%, or 8.3 billion shares, of the total matched volume.
Matched market share of NYSE-listed securities in April was 15.5% and 33.6% for Nasdaq-listed securities.
Nasdaq OMX BX, a separate equities trading venue established by the group in January following its acquisition of the Boston Stock Exchange, accounted for 0.8% of US equity volume in April, a 106% increase from the previous month.
The total number of US equity options contracts traded on Nasdaq OMX totalled 3 million in April, a 0.5% increase from March, accounting for 20.9% total matched market share.