|
|
Article: Average Daily Volume on BIDS Trading Surpasses 29 Million Shares*.
- Article from:
- Biotech Week
- Article date:
- November 18, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BIDS Trading, the alternative trading system (ATS) designed to increase competition and liquidity in the U.S. equity block trading market, achieved a record average daily volume of over 29 million shares* in October. In addition to achieving this milestone, average buy-side fill rates in BIDS Trading surpassed 44%, with record buy-side trading volumes and record participant numbers (see also BIDS Trading).
Since its launch in the spring of 2007, BIDS Trading has traded over 13.4 billion shares*. "We have always encouraged the broadest possible market participation and our growing volumes and participant base demonstrates that we are addressing the evolving needs ...