The FINANCIAL - Program Trading Averaged 46.0 Percent of NYSE Volume during June 18-22

Program Trading Averaged 46.0 Percent of NYSE Volume during June 18-22

29/06/2012 04:23 (326 Day 14:12 minutes ago)

The FINANCIAL -- The New York Stock Exchange, a subsidiary of NYSE Euronext released its weekly program-trading data compiled from member firms' executed volume from NYSE's orders database.

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According to NYSE Euronext, the report includes trading on the NYSE for June 18-22.

The data indicated that during June 18-22, program trading amounted to 46.0 percent of NYSE average daily volume of 2,043.4 million shares1, or 940.2 million program shares traded per day.

Program trading encompasses a wide range of portfolio-trading strategies involving the purchase or sale of a basket of at least 15 stocks.

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