YEAR-END VOLATILITY: Nasdaq trading for institutions tops $1 trillion for first time.(Brief Article)

Pensions & Investments, June, 2001

LOS ANGELES - The value of institutional trading in Nasdaq-listed shares for the year ended Dec. 31 was up 164% from 1999 among brokers in the Plexus Broker Universe. For the first time, Nasdaq-listed share trading for institutions by the 508 brokers in the Plexus universe during 2000 totaled more than $1 trillion ($1.14 trillion).

Heavy trading occurred on the Nasdaq last year during one of the most volatile periods for domestic stocks: major market indexes plummeted after peaking early in the first quarter and then gyrated up and down for the balance of the year. Institutional trading activity in exchange-listed shares by the 759 brokers in the Plexus universe also increased, with the value up 32%, totaling $1.8 trillion for the year. A number of...

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