NYX Nyse Euronext

Program trading rose last week on the NYSE Euronext's (NYX) New York Stock Exchange while total volume fell slightly.

The daily program-trading average was 603.1 million, or 27.6% of the 2.19 billion total shares that changed hands. That is up from the prior week's rate of 25.4%, or 576.1 million out of the 2.27 billion that traded, on average.

The most active NYSE member firm for program trading last week was again Goldman Sachs Group Inc. (GS) at 566.6 million for the entire period, followed by Morgan Stanley (MS) at 517.7 million and Deutsche Bank AG (DB, DBK.XE) at 345.8 million. All three figures were lower than the prior week.

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

-By John Kell, Dow Jones Newswires; 212-416-2480; john.kell@dowjones.com