Equities LiquidityMatrix August 2018

Traders remained on holiday in August 2018, and trading volumes remained near yearly lows. August average daily volume was up a mere 1.1% from a sleepy July 2018 ADV of 6.07 billion shares, to a still lackluster 6.14 billion shares. Meanwhile, a drop in volatility spurred modest 1.7% off-exchange volume growth month over month, to 37.7% in August from 37.0% in July. TABB Group’s exclusive Equities LiquidityMatrix™ consolidates metrics monthly from exchanges, Trade Reporting Facilities (TRFs), Alternative Trading Systems (ATSs) and Single-Dealer Platforms (SDPs), including average daily volume, average trade size, stock capitalization distribution %, and more.