September 2014 Market Dynamics Report - Executive Summary


FIF Market Dynamics report for September 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 September 2014, off-exchange trading accounted for 36.7% of the shares traded in NMS Equity Securities, a decrease of 0.4% compared to last month.

Average Trade/Contract Size

  • For NYSE Listed, average trade size was 200 shares, a 4.5% increase over last month. On a year over year basis, average trade size decreased 20.5%.
  • For NASDAQ Listed, average trade size was 207 shares, 3.6% higher than last month. Average trade size decreased 20.3% on an annual basis.
  • Average contract size for US Equity Options was 11 this month.

NASDAQ Self Help Declarations

  • There were no Self Help declaration in September 2014.

Limit Up-Limit Down Plan

  • There were 728 Trading Pauses reported in September 2014 for ticker symbols which were part of Phase 2(b) of the Limit Up-Limit Down rollout. These pauses lasted a total of 63 hours, 3 minutes and 49 seconds.
  • NASDAQ had 480 trading pauses, 10 fewer than last month while NYSE Arca had 237, 45 more than last month.

Source:
September 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.

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.