July 2014 Market Dynamics Report


FIF Market Dynamics report for July 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 July 2014, off-exchange trading accounted for 37.2% of the shares traded in NMS Equity Securities, a decrease of 1.2% compared to last month.

Average Trade/Contract Size

  • For NYSE Listed, average trade size was 199 shares, a 3.9% decrease over last month. On a year over year basis, average trade size decreased 18.5%.
  • For NASDAQ Listed, average trade size was 206 shares, 6.1% lower than last month. Average trade size decreased 18.0% on an annual basis.
  • Average contract size for US Equity Options was 10 this month.

Market Share July

NASDAQ Self Help Declarations

  • There were no Self Help declarations in July 2014.

Limit Up-Limit Down Plan

  • There were 270 Trading Pauses reported in July 2014 for ticker symbols which were part of Phase 2(b) of the Limit Up-Limit Down rollout. These pauses lasted a total of 25 hours, 24 minutes and 1 seconds. 239 of the 270 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 1,063 short sale halts were triggered in July 2014. There were an average of 48 halts daily, with a high of 124.

Total Monthly Activated Short Sale

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

Source: July 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.