TABB Equity Digest: Q3-2018
Equity volumes and volatility dropped back down to recent norms during the third quarter of 2018 but picked up in October as the reality of rate hikes, tariffs, and other macro risks accelerated into early Q4. The average VIX moved down from a recent peak of 22.5 in February 2018 to a second-quarter average of 14.9 and to a lackluster 12.8 in Q3. The VIX accelerated into October, however, averaging 19.4 for the month. Volumes also drifted down, to a daily average of 6.5 billion shares during Q3 from 7.08 billion shares during Q2. TABB Group’s exclusive quarterly equity digest combines data from the SEC market structure website, SEC Rule 605 and Rule 606 disclosures, FINRA Rule 4552, self-reported Single-Dealer Platforms, exchange order type information, and the SIP.
- Equities