Nasdaq Records Solid Equity Trading in June, Fixed Income Falls YoY

Nasdaq joins a growing list of trading providers to report an uptick in volumes during the month of June, with the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term operator seeing an uptick across Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term, fixed income and commodities.

In the month of June, which is historically a pretty quiet month due to the summer period, the number of US equity options contracts traded on Nasdaq was 230 million. Surprisingly, this is the strongest trading volume the company has achieved all year - even higher than that achieved in March.

In fact, June’s trading volume is stronger than the previous month, where 181 million contracts were traded, by 27.1 per cent. Moreover, the trading volume has posted a growth of 74.2 per cent on a yearly comparison.

Taking a look at the trading volume for European options and futures volume, Nasdaq achieved a trading volume of 6.6 million contracts. Although this is less than the 12.2 million trading volume posted in March of 2020, it is stronger by 22.2 per cent on a monthly and 4.8 per cent on a yearly comparison.

US fixed income falls YoY on Nasdaq

During the sixth month of the year, $447 billion US Fixed Income was traded on the exchange. Although this is higher than May’s trading volume, which was $402 billion, by 11.2 per cent it is significantly less than the $1.07 trillion trading volume achieved in June of 2019. In fact, it’s a decline of 58.2 per cent.

For European fixed income, 3.1 million contracts were traded on Nasdaq during the month. This represents a rise of 72.2 per cent against the previous month’s trading volume. It is also stronger when measured against June of 2019 by 10.7 per cent.

56.37 billion US matched equity shares were traded last month on the exchange. Behind March of 2020, this is the strongest performance so far this year. Month-on-month, June’s trading volume has increased by 40.2 per cent and it is up by 90.7 per cent against the 29.56 billion in June of 2019.