NASDAQ Sees Growth In Cash Equity Trading Volumes, Market Share In August
NASDAQ‘s (NASDAQ:NDAQ) cash equity trading volumes continued to improve in August with around 24.8 billion shares traded in the U.S. market. The trading volumes saw over a 6% improvement from August 2016 and a nearly 15% improvement in comparison to the previous month. Moreover, the company’s market share improved from the previous quarter and Q2 2016 to 18.4%. We believe the strengthening of the U.S. dollar, interest rate hike and other macro factors contributed to increased volatility in the market, and consequently drove trading volumes.
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