US trading volumes increased in April to their highest level since October 2011, according to figures from Thomson Reuters Equity Market Share Reporter.
Market turnover totalled US$5.11 trillion last month, up 2.2% from US$4.99 trillion in March. This was the fifth consecutive increase in share turnover for the US equity market.
All the major exchange groups were relatively flat in terms of market share. NYSE remains the largest with a total market share of 24.54% across its two exchanges, down from 25.13% in March.
Total trading on NYSE venues hit US$1.25 trillion in April, which was level with the previous month.
BATS continues to occupy second position following its acquisition of Direct Edge last year. Across its four order books, BATS saw a market share of 21.66%, up slightly from 21.49% in March. Total trading volume on BATS venues reached US$1.1 trillion.
Nasdaq trailed in third, seeing a small loss of market share, which dipped from 18.64% in March to 18.41% in April. However, its total turnover increased from US$931.4 billion to US$940.5 billion.