Nanex Research

Nanex ~ 18-Jul-2013 ~ Trading out of the Light

As of noon on July 18, 2013,  the percentage of trades in all NMS stocks from Trade Reporting Facilities (TRF) hit 40%. Dark pools and internalizers report their trades on TRFs. The chart below shows the percentage of trades in NMS stocks that execute on each exchange for every day since December 2012. Trades from Dark Pools and internalizers are grouped and plotted as one "exchange" - Dark. There are approximately 8,000 NMS stocks.




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