August 2014 Market Dynamics Report


FIF Market Dynamics report for August 2014 including U.S. Equities and Options Markets, Self Help, Single Stock Circuit Breaker, Limit-Up Limit Down and Short Sale analysis. Provided Exclusively for Equinix Forum. 



OTC Market Share of NMS Securities

  • In August 2014, off-exchange trading accounted for 37% of the shares traded in NMS Equity Securities, a decrease of 0.2% compared to last month.

Average Trade/Contract Size

  • For NYSE Listed, average trade size was 192 shares, a 3.5% decrease over last month. On a year over year basis, average trade size decreased 18.8%.
  • For NASDAQ Listed, average trade size was 200 shares, 3.2% lower than last month. Average trade size decreased 18.6% on an annual basis.
  • Average contract size for US Equity Options was 10 this month.

NASDAQ Self Help Declarations

  • There was one Self Help declaration in August 2014.

Limit Up-Limit Down Plan

  • There were 199 Trading Pauses reported in August 2014 for ticker symbols which were part of Phase 2(b) of the Limit Up-Limit Down rollout. These pauses lasted a total of 18 hours, 46 minutes and 41 seconds. 192 of the 199 pauses this month were for ETPs.

Short Sale Circuit Breaker Analysis

  • The FIF Short Sale Tracker maintains a list of trading halts triggered under the Short Sale rule since 2011.
  • A total of 1,130 short sale halts were triggered in August 2014. There were an average of 54 halts daily, with a high of 130.

FIF Forum Reports Index
June
Market Dynamics Report - Executive Summary
Market Share Report - Executive Summary
Market Data Capacity Report - Highlights
July
Market Dynamics Report - Executive Summary
Market Share Report - Executive Summary
Market Data Capacity Report - Highlights
August
Market Share Report - Executive Summary
Market Data Capacity Report - Highlights

Source:

August 2014 FIF Market Share and Market Dynamics Reports

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The Financial Information Forum (FIF) addresses the implementation issues that impact the securities industry across the order lifecycle. FIF provides a collaborative environment for subscribers to make an impact on industry issues affecting operations and technology. FIF provides exclusive monthly report highlights to Equinix Forum.