PARIS (Dow Jones) -- NYSE Euronext European cash products ADV of
1.4 million transactions in September 2010 decreased 5.2% compared
to September 2009, but increased 9.5% compared to August 2010. In
the third quarter of 2010, European cash products ADV of 1.4
million transactions was 3.4% above prior year levels.
MAIN FACTS:
- SmartPool, the London-based dark pool owned by NYSE Euronext
with BNP Paribas SA, HSBC Holdings Plc and JPMorgan Chase &
Co., experienced strong growth in the third quarter of 2010 with
the number of trades increasing to 855,770 from 3,141 in the third
quarter of 2009 and 541,743 in the second quarter of 2010.
- The anticipated average net revenue per transaction for
European cash is expected to be approximately $0.66 per transaction
in the third quarter of 2010.
- Year-to-date, European cash products ADV of 1.5 million
transactions was 7.3% above prior year levels.
- NYSE Euronext U.S. cash products handled ADV in September 2010
decreased 24.6% to 2.3 billion shares compared to September 2009
and decreased 0.8% from August 2010. In the third quarter of 2010,
U.S. cash products handled ADV was 2.4 billion shares, down 18.1%
from prior year levels.
- The anticipated average net revenue per 100 shares handled for
U.S. cash is expected to be approximately $0.031 per 100 shares
handled in the third quarter of 2010.
- Year-to-date, U.S. cash products handled ADV was 2.7 billion
shares, down 22.8% from prior year levels.
- NYSE Euronext's Tape A matched market share in September 2010
was 38.4%, up from 36.1% in September 2009 and up from 38.1% in
August 2010.
- Designated Market Maker participation in NYSE-listed stocks in
September 2010 was 9.4%, compared to 9.8% in August 2010 and 9.6%
in July 2010. Supplemental Liquidity Provider participation in
NYSE-listed stocks in September 2010 was 12.4%, compared to 12.2%
in August 2010 and 13.1% in July 2010. DMM and SLP participation
pertain only to trading on NYSE.
- By Paris Bureau, Dow Jones Newswires; +331-4017-1740;
geraldine.amiel@dowjones.com;