The New York Stock Exchange today released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for Nov. 19-23.
The data indicated that during Nov. 19-23, program trading amounted to 27.5 percent of NYSE average daily volume of 3,737.2 million shares1, or 1,028.6 million program shares traded per day.
Program trading encompasses a wide range of portfolio-trading strategies involving the purchase or sale of a basket of at least 15 stocks with a total value of $1 million or more.
In all markets, program trading by member firms averaged 2,360.3 million shares a day during Nov. 19-23. About 43.6 percent of program trading took place on the NYSE, 1.0 percent in non-U.S. markets and 55.5 percent in other domestic markets, including Nasdaq, the American Stock Exchange and regional markets. -- www.nyse.com
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