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NYX NYIAX Inc

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0.00 (0.00%)
Share Name Share Symbol Market Type
NYIAX Inc NASDAQ:NYX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Program Trading Dropped Last Week On NYSE

29/10/2009 6:57pm

Dow Jones News


NYIAX (NASDAQ:NYX)
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Program trading fell last week on the NYSE Euronext's (NYX) New York Stock Exchange, although overall trading volume rose.

The daily average was 653.6 million out of the 2.59 billion total shares that changed hands, or 25.2%. That is down from the prior week's rate of 28.6%, or 725.9 million of the 2.54 billion shares that traded on average.

The most active NYSE member firms for program trading last week was Goldman Sachs Group Inc. (GS) at 825 million for the entire period, followed by Morgan Stanley (MS) at 562.1 million and Barclays PLC (BCS) at 342.1 million. Goldman's figure was above the prior week's trading, while Morgan Stanley and Barclays posted declines.

Program trading encompasses a wide range of portfolio-trading strategies involving the purchase or sale of a basket of at least 15 stocks.

-By John Kell, Dow Jones Newswires; 212-416-2480; john.kell@dowjones.com

 
 

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