Trading volume on the nation’s 10 largest exchanges dropped 13.8 percent in November. That is the smallest monthly drop in market activity since July.
Daily volume on exchanges operated by NYSE Euronext, Nasdaq OMX Group, BATS Global Markets and Direct Edge averaged 4.6 billion shares, according to the Securities Industry and Financial Markets Association. That was down 13.8 percent from the 5.3 million shares traded a day in November a year ago.
The SIFMA stats track Nasdaq’s compilation of consolidated volume from all sources. For November, Nasdaq pegged daily volume at 6.2 billion shares. That is down 15.1 percent from the 7.3 billion shares it recorded, on average, one year ago.
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