NASDAQ’s Cash Equity Volumes Up In Both U.S And Europe, In June

The stock market volatility caused by the U.K.’s Brexit vote is clearly evident from the rise in NASDAQ’s U.S. and European cash equity volumes in June. Despite the continuous declines in market share over the past year, the exchange operator’s U.S. cash equity volumes saw 9% year on year (y-o-y) growth in Q2. Similarly, the value of European cash equities saw a 6% y-o-y rise in June, reversing the downtrend being seen in previous months. However, the growth witnessed in June wasn’t enough to result in a positive second quarter (-6% y-o-y) for NASDAQ’s European cash equities. Consequently, we expect to see growth in cash equity revenues in the upcoming quarterly results, led by U.S. volumes, but partially offset by European cash equities.

The table below shows how the volumes of European and U.S. Cash Equities traded on NASDAQ’s platform changed in June 2016 and  Q2 2016, compared to the same period last year:

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Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap