The FINANCIAL - Program Trading Averaged 30.3 Percent of NYSE Volume during July 2-6

Program Trading Averaged 30.3 Percent of NYSE Volume during July 2-6

13/07/2012 05:31 (312 Day 07:37 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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The report includes trading on the NYSE for July 2-6.

As NYSE Euronext reported, the data indicated that during July 2-6, program trading amounted to 30.3 percent of NYSE average daily volume of 1,260.9 million shares1, or 382.6 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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