NYX Nyse Euronext

Program trading grew last week on NYSE Euronext's (NYX) New York Stock Exchange as total volume grew.

The daily program-trading average was 630.6 million shares, or 28.1% of the average total volume of 2.24 billion shares. Those figures are up from 583.9 million shares, or 27.3% of the 2.14-billion-share average volume, posted last week.

The most active NYSE member firm for program trading last week was again Goldman Sachs Group Inc. (GS), followed by Morgan Stanley (MS) and Deutsche Bank AG's (DBK.XE, DB) Deutsche Bank Securities Inc. unit.

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