Archipelago Holdings Releases November 2005 Transaction Volume Data
09 December 2005 - 6:59AM
PR Newswire (US)
CHICAGO, Dec. 8 /PRNewswire-FirstCall/ -- Archipelago Holdings,
Inc. (PCX:AX) today announced its November 2005 market transaction
volume data for the Archipelago Exchange (ArcaEx(R)) and the
Pacific Exchange (PCX). Specifically, in NYSE-listed equity
securities, ArcaEx's total trading market share was 4.8% in
November 2005, up from 2.4% in November 2004 and unchanged from
4.8% in October 2005. In AMEX-listed equity securities, ArcaEx's
total trading market share was 33.2% in November 2005, up from
25.9% in November 2004 and down from 34.5% in October 2005.
ArcaEx's ETF total monthly share volume showed continued
year-over-year growth with 2,406.2 (millions of shares) having
traded in November 2005 compared to 1,557.8 (millions of shares)
traded in November 2004 and down from 3,208.7 (millions of shares)
in October 2005. In Nasdaq-listed equity securities, ArcaEx's total
trading market share was 21.6% in November 2005 down from 23.7% in
November 2004 and down from 23.7% in October 2005. In equity option
contracts, the PCX's total trading market share was 12.4% in
November 2005 up from 10.1% in November 2004 and up from 7.9% in
October 2005. ArcaEx Transaction Volume Data November October
November 2005 2005 2004 Total monthly volume of Nasdaq-listed
equity securities (millions of shares) 37,380.9 37,905.3 38,856.3
ArcaEx monthly volume of Nasdaq-listed equity securities (millions
of shares) (1) 8,060.7 8,983.3 9,203.0 ArcaEx share of total
monthly volume of Nasdaq-listed equity securities (%)(2) 21.6 %
23.7 % 23.7 % Total monthly volume of NYSE-listed equity securities
(millions of shares) 46,557.5 51,485.8 39,634.4 ArcaEx monthly
volume of NYSE-listed equity securities (millions of shares)(1)
2,237.6 2,463.2 952.3 ArcaEx share of total monthly volume of
NYSE-listed equity securities (%)(2) 4.8 % 4.8 % 2.4 % Total
monthly volume of AMEX-listed equity securities (millions of
shares) 6,520.3 8,094.5 6,654.7 ArcaEx monthly volume of
AMEX-listed equity securities (millions of shares) (1) 2,167.0
2,795.0 1,721.1 ArcaEx share of total monthly volume of AMEX-listed
equity securities (%)(2) 33.2 % 34.5 % 25.9 % ArcaEx ETF total
monthly share volume (millions of shares)(1) 2,406.2 3,208.7
1,557.8 ArcaEx monthly customer order volume matched internally
(%)(3) 89.2 % 89.8 % 87.6 % ArcaEx monthly customer order volume
routed out (%)(3) 10.8 % 10.2 % 12.4 % Number of trading days in
period 21 21 21 ArcaEx Most Active November 2005 Symbol Share
Volume Market Share Nasdaq-100 Index(R) (QQQQ) 489,549,534 28.5 %
SPDR(R) (SPY) 370,730,449 31.3 % iShares(R) MSCI Japan Index (EWJ)
290,826,260 53.1 % Microsoft(R) (MSFT) 241,007,730 16.7 %
iShares(R) Russell 2000 Index (IWM) 240,806,775 42.7 % Intel(R)
(INTC) 226,189,773 20.0 % Energy Select Sector SPDR (XLE)
202,102,933 47.9 % Cisco(R) Systems (CSCO) 191,129,007 15.5 % ML
Semiconductor HLDR (SMH) 141,819,700 42.7 % Sun Microsystems (SUNW)
136,544,431 12.5 % PCX Equity Option Transaction Volume Data
November October November 2005 2005 2004 Total consolidated monthly
equity option contract volume (millions of contracts) 136.2 140.2
105.4 PCX monthly equity option contract volume (millions of
contracts) (4) 16.9 11.1 10.6 PCX share of total monthly equity
option contract volume (%) (4) 12.4 % 7.9 % 10.1 % Additional
information on ArcaEx daily, weekly and monthly trading transaction
volumes is publicly available in real time through the ArcaVision
website accessible via http://www.archipelago.com/. Additional data
and enhanced functionality can be obtained through a free
subscription to ArcaVision. Investors and ArcaEx clients can
subscribe to ArcaVision at http://www.arcavision.com/. (1) For
purposes of calculating monthly transaction volume on ArcaEx, we
include all shares that are "handled" on ArcaEx for the month.
Handled shares include both shares that are bought and sold during
the month within our internal liquidity pool and shares that are
routed to external market centers for execution. (2) ArcaEx monthly
market share is calculated based on the number of shares handled on
the ArcaEx system during the month as a percentage of total monthly
volume. Total monthly volume is based on the number of shares of
equity securities traded during the month on Nasdaq, AMEX or the
NYSE, including, if applicable, exchange-traded funds, as reported
in the consolidated tape. The "consolidated tape" provides last
sale price and volume of equity securities transactions to the
public. (3) In computing the percentage of monthly client order
volume matched internally and the monthly percentage of customer
order volume routed out, we calculate the percentage based on the
volume of individual customer orders, not the volume of matched
trades (i.e., only counting one side of a matched transaction). For
example, we calculate two customer orders matched internally on our
system as two customer orders matched internally, and we include
the volume of both the buy order and the sell order in computing
our percentages of monthly customer order volume matched internally
and routed out. We calculate one customer order routed to an
external market center (which will be matched with an order at that
other market center) as one outbound trade or one customer order.
We calculate one customer order routed to us from an external
market center and matched with an order on our system as one
inbound trade or one customer order. (4) Archipelago Holdings
completed its acquisition of PCX Holdings, Inc., the parent company
of the PCX, on September 26, 2005. Option volume is reported by the
Options Clearing Corporation (OCC). About Archipelago Holdings
Archipelago Holdings (PCX:AX) operates the Archipelago Exchange(R)
(ArcaEx(R)) the first totally open all-electronic stock exchange in
the United States. ArcaEx trades all Nasdaq-listed equity
securities and exchange listed equity securities, including those
listed on the New York Stock Exchange(R), American Stock
Exchange(R), and ArcaEx(R). In addition to offering core execution
services, ArcaEx provides corporate clients with listing services
and innovative data products. In September 2005, Archipelago
acquired PCX Holdings, Inc., parent company of the Pacific Exchange
and PCX Equities, Inc. allowing Archipelago to bring together the
all-electronic trading of equity securities and options products
thereby expanding and diversifying Archipelago's business lines.
For more information please visit http://www.archipelago.com/.
ArcaEx's, past transaction performance is not necessarily
indicative of its future results. Periodically, ArcaEX's
transaction performance will experience fluctuations due to
unforeseen factors effecting trading activity, including
seasonality, general economic, political and market conditions,
unforeseen market closures or other disruptions in trading. A
description of the factors that may influence ArcaEx's volume of
securities transactions are identified in the Company's filings
with the Securities Exchange Commission, including its Report on
Form 10-K for the fiscal year ending December 31, 2004 which is
available on the Company's website at http://www.archipelago.com/.
Certain statements in this press release may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements are
based on Archipelago's current expectations and involve risks and
uncertainties that could cause Archipelago's actual results to
differ materially from those set forth in the statements. There can
be no assurance that such expectations will prove to be correct.
Factors that could cause Archipelago's results to differ materially
from current expectations include: general economic and business
conditions, industry trends, competitive conditions, regulatory
developments as well as other risks or factors identified in the
Company's filings with the Securities Exchange Commission,
including its Report on Form 10-K for the fiscal year ending
December 31, 2004 which is available on the Company's website at
http://www.archipelago.com/. You should not place undue reliance on
forward- looking statements, which speak only as of the date of
this press release. Except for any obligation to disclose material
information under the Federal securities laws, Archipelago
undertakes no obligation to release publicly any revisions to any
forward-looking statements to reflect events or circumstances after
the date of this press release. Archipelago Contacts: Margaret
Nagle - Press 312-442-7083 Patrick Murphy - Investor Relations
312-442-7005 DATASOURCE: Archipelago Holdings, Inc. CONTACT:
Margaret Nagle - Press, +1-312-442-7083, or Patrick Murphy -
Investor Relations, +1-312-442-7005, both of Archipelago Holdings,
Inc. Web site: http://www.archipelago.com/
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