Equities LiquidityMatrix July 2015

Every month, TABB Group’s Equities LiquidityMatrix™ provides the industry with metrics from 25 ATS/SDPs, including stock capitalization distribution, block and demi-block % (shares & notional), midpoint %, and inside NBBO %, as well as a breakdown of exchange market share. In July 2015, industry volume increased 5% month-over-month, from 6.4 billion to 6.7 billion. Year-over-year industry volume increased 18%, as July volume was the highest in 4 years. TABB-reported ATS/SDP volume increased 16% month-over-month, the largest increase since October 2014.