NYSE continues to lose market share in U.S. trading: report

http://www.marketwatch.com/news/story/nyse-continues-lose-market-share/story.aspx?guid={22A90415-A86D-4CB2-B67A-8AE6E87F4879}&dist=hplatest

BOSTON (MarketWatch) -- Volume on the New York Stock Exchange has dropped 26% in the second quarter to the lowest levels since 2001, even though total trading in U.S. stocks rose, as alternative equity markets continue to take market share, Bloomberg reported. Firms such as Bats Trading Inc. and Direct Edge ECN are winning more business, according to the report. Market forecasters who use technical analysis say relying solely on data from the NYSE and Nasdaq Stock Market may create an incomplete picture as alternative venues take more trading volume, Bloomberg reported. Shares of NYSE Euronext are off more than 25% year to date, while Nasdaq OMX has lost more than 33%.