The Nasdaq Stock Market says market performance statistics for the NASDAQ Market Center, INET and Brut trading platforms show it continues to capture a greater percentage of market share and share volume in NYSE-listed securities.
During March 2006, NASDAQ’s total market share in NYSE-listed securities was approximately 22.7%, an increase from 21.4% in February and from 16.2% in March 2005. NASDAQ’s average daily share volume in NYSE-listed securities in March 2006 was approximately 519.0 million, compared to 497.4 million in February and 336.4 million in March 2005. Matched market share in NYSE-listed securities increased to 7.9% in March and our touched market share in these securities rose from 6.7% in March 2005 to 19.7% in March 2006.
NASDAQ’s market share in NASDAQ-listed securities was approximately 79.1%, compared with February’s market share of 80.0%. Included in the total market share figure for March is approximately 30.0% in NASDAQ securities and 14.9% in NYSE securities executed by broker dealers and reported to NASDAQ. Matched market share in NASDAQ-listed securities was 48.7% in March and our touched market share in NASDAQ securities was 56.75% in March 2005 compared to 57.25% in March 2006.
NASDAQ’s total market share in NASDAQ-listed securities is total share volume of NASDAQ-listed securities that are executed on the NASDAQ Market Center, INET and/or Brut books, plus internalized volume, as a percentage of total consolidated NASDAQ market volume. Shares routed to other market centers for execution are not included.
Total market share in NYSE-listed securities is based on total share volume of NYSE-listed securities that are executed on the NASDAQ Market Center, INET and/or Brut books, plus internalized volume as a percentage of total consolidated NYSE market volume.
Matched market share represents total share volume of NASDAQ or NYSE-listed securities that are executed on the NASDAQ Market Center, INET or Brut books as a percentage of total consolidated NASDAQ or NYSE market volume.
Touched market share represents total share volume of NASDAQ or NYSE-listed securities that are executed on the NASDAQ Market Center, INET or Brut books plus volume of shares routed to other market centers for execution, as a percentage of consolidated NASDAQ or NYSE market volume.