New York, NY, December 13, 2006
The Nasdaq Stock Market, Inc. (NASDAQ®:
NDAQ) today announced its consolidated market performance statistics for the NASDAQ Market Center, INET and Brut trading platforms for the month of November.
NASDAQ continued to capture a greater percentage of market share and share volume in NYSE-listed securities. During November 2006, NASDAQ's average daily total share volume in NYSE-listed securities was approximately 839 million, compared with 773 million in October and 439 million in November 2005. Matched market share in NYSE-listed securities increased to 14.0% in November from 13.4% in October. NASDAQ's touched market share in NYSE-listed securities rose to 31.5% in November from 30.8% in October.
NASDAQ's total market share in NYSE-listed securities in November was 30.8%. Included in the total market share figure for November is 16.8% in NYSE-listed securities executed by broker-dealers and reported to NASDAQ.
The table below shows NASDAQ's market
share in several individual NYSE-listed
securities during November:
Total
Market Share Matched
Market Share
General Electric Co. (NYSE: GE) 35.6%
23.1%
CVS Corp. (NYSE: CVS) 37.7%
18.6%
Texas Instruments Inc. (NYSE: TXN) 33.2%
22.1%
Micron Technology Inc. (NYSE: MU) 36.5%
20.7%
Valero Energy Corp. (NYSE: VLO) 37.4%
22.1%
For the month, NASDAQ achieved total market share of over 30% in 155 NYSE-listed companies priced over $10 with average daily trading volume of more than 1 million shares. NASDAQ's market share in the following 20 companies was over 40%:
EMC Corp. ( NYSE: EMC), Provident Energy Trust (NYSE: PVX), Advantage Energy Income Fund (NYSE: AAV), Interpublic Group of Companies (NYSE: IPG), Silver Wheaton Corporation (NYSE: SLW), Pengrowth Energy Trust (NYSE: PGH), Canetic Resources Trust (NYSE: CNE), Reader's Digest Association, Inc. (NYSE: RDA), PrimeWest Energy Trust (NYSE: PWI), Duke Realty Corp. (NYSE: DRE), Commerce Bancorp (NYSE: CBH), ARAMARK Corporation (NYSE: RMK), ABB Ltd. (NYSE: ABB), BellSouth Corp. (NYSE: BLS) Advanced Micro Devices, Inc. (NYSE: AMD) Fording Canadian Coal Trust (NYSE: FDG), Titanium Metals Corporation (NYSE: TIE), Harvest Energy Trust (NYSE: HTE) Equity Office Properties Trust (NYSE: EOP), AT&T Inc. (NYSE: T)
To view all 155 NYSE-listed companies,
visit http://www.nasdaqtrader.com/trader/tradingservices/marketshare/ccg_nov_2006.xls
Total market share in NASDAQ-listed securities was 71.5% in November compared to 75.8% in October. Included in the total market share figure for November is 26.7% in NASDAQ securities executed by broker-dealers and reported to the NASD/NASDAQ Trade Reporting Facility (TRF), a facility of NASD that is operated by NASDAQ, compared to 27.8% in October.
Matched market share in NASDAQ-listed securities in November was 44.8% compared to 48.0% in October. NASDAQ's touched market share in NASDAQ-listed securities in November was 49.1% compared to 54.2% the previous month. As expected, NASDAQ matched and touched market share experienced a decline as a result of NASDAQ's migration to the new Single Book system. NASDAQ has seen market share improvement in December as firms' trading behaviors adjust to the new Single Book.
"Total market share" in NASDAQ-listed securities is based on all share volume reported to the consolidated tape using NASDAQ-operated systems. This includes total share volume of NASDAQ-listed securities that are executed on the NASDAQ Stock Market LLC, NASDAQ's recently launched national securities exchange, plus trades reported through the NASD/NASDAQ Trade Reporting Facility (TRF), a facility of NASD that is operated by NASDAQ, as a percentage of total consolidated NASDAQ market volume. Shares routed to other market centers for execution are not included in "total market share". This data is single counted.
"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 trade reported 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.
For more information about these and
other NASDAQ market performance statistics,
visit www.nasdaqtrader.com/marketshare.
NASDAQ is the largest electronic screen-based
equity securities market in the United
States. With approximately 3,200 companies,
it lists more companies and, on average,
trades more shares per day than any other
U.S. market. It is home to companies that
are leaders across all areas of business
including technology, retail, communications,
financial services, transportation, media
and biotechnology. NASDAQ is
the primary market for trading NASDAQ-listed
stocks. For more information about NASDAQ,
visit the NASDAQ Web site at www.nasdaq.com
or the NASDAQ Newsroom at www.nasdaq.com/newsroom/.
Also, for additional factoids on NASDAQ
you may visit www.nasdaqfacts.com.
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Media Contacts:
Wayne Lee, NASDAQ
301.978.4875
Silvia Davi, NASDAQ
646.441.5014