NYSE Program-Trading Activity, Overall Volume, Increased Last Week
By Debbie Cai
Program-trading activity and overall volume on the New York Stock Exchange rose last week, according to data from NYSE
For the week ended Feb. 22, daily program-trading volume totaled 426.1 million shares, making up 26.3% of the average
daily-trading volume. In the previous week, program-trading volume totaled 396.6 million shares, which corresponded to
27.4% of the average volume.
Overall average daily volume totaled 1.62 billion shares, up from the prior week's 1.45 billion.
The most active NYSE-member firm for program trading last week was Morgan Stanley (MS), followed by Barclays PLC's
(BCS, BARC.LN) Barclays Capital Inc. and Goldman Sachs Group Inc.'s (GS) Goldman Sachs & Co.
Program trading encompasses a wide range of portfolio-trading strategies involving the purchase or sale of a basket of
at least 15 stocks.
Write to Debbie Cai at firstname.lastname@example.org
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
Copyright (c) 2013 Dow Jones & Company, Inc.