NASDAQ marked a 28.1 million improvement in daily share volume for June over May, reporting an average share volume per day of 594.6 million.
The jump also puts June’s average daily volume past the same month in 2005 by 279.3 million.
The exchange also saw a 0.9% in its matched market share over May, bringing June’s share to 8.9%.
NASDAQ also reported that the Securities and Exchange Commission approved NASDAQ’s phased approach to exchange operation. NASDAQ plans to become operational as an exchange in NASDAQ-listed issues August 1, 2006, and in other exchange-listed issues on or after September 1, 2006.