Showing posts with label market structure. Show all posts
Showing posts with label market structure. Show all posts

Tuesday, July 13, 2010

US Exchange/Trading Platforms Market Share as of 12/26/2009

Platform Market Share
Nasdaq 36.6%
NYSE 26.8
Direct Edge 12.7
BATS 10.0
Dark Pools 9.5
ISE 2.2
Other 2.2

Monday, June 21, 2010

Closing Auctions

The official cutoff time for submitting MarketOnClose (MOC) and LimitOnClose (LOC) orders to the NASDAQ closing auction is 3:50pm ET. For the NYSE and NYSE Amex closing auctions, the official cutoff time is 3:45pm ET. For the NYSE Arca closing auction, the official cutoff time is 3:59pm ET. With the exception of orders that are submitted to offset published imbalances, all MOC and LOC orders must be submitted before each market center’s official cutoff time.


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