June 2014 Market Dynamics Report - Executive Summary


FIF Market Dynamics report for June 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 June 2014, off-exchange trading accounted for an all-time high 38.3% of the shares traded in NMS Equity Securities, an increase of 1.3% compared to last month. 

Average Trade/Contract Size

For NYSE Listed, average trade size was 207 shares, a 9.2% increase over last month. On a year over year basis, average trade size decreased 18.2%.

For NASDAQ Listed, average trade size was 220 shares, 9.3% higher than last month. Average trade size decreased 15.7% on an annual basis. 

Average contract size for US Equity Options was 10 this month.

Market Share

NASDAQ Self Help Declarations

  • There were no Self Help declarations in June 2014

Limit Up-Limit Down Plan

  • There were 258 Trading Pauses reported in June 2014 for ticker symbols which were part of Phase 2(b) of the Limit Up-Limit Down rollout. These pauses lasted a total of 24 hours, 28 minutes and 9 seconds. 251 of the 258 pauses this month were for ETPs.

Average Trade Size

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 905 short sale halts were triggered in June 2014. There was an average of 45 halts daily, with a high of 81. 

Monthly Activated Short Sale

June
Market Dynamics Report - Executive Summary
Market Data Capacity Report - Highlights
July
Market Dynamics Report - Executive Summary
Market Share Report - Executive Summary
Market Data Capacity Report - Highlights

Source:
June 2014 FIF Market Share and Market Dynamics Reports The Financial Information Forum (FIF) addresses the implementation issues that impact the securities industry, from real-time decision support through securities processing. To join FIF, download the FIF Membership Kit.

These Report Highlights are provided exclusively for Equinix Forum. Full Reports are available to FIF members here.

 



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.