Equities LiquidityMatrix June 2017

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 June 2017, the VIX average close was 10.5, the lowest monthly VIX average close ever.  Although volatility and volume are typically correlated, industry average daily volume increased 7% month-over-month to 7.2 billion shares in June 2017, the highest average daily shares for the month since November 2016.