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Market Data


OTC Equities Market Statistics, 2014—20181

 

 

Year Average Daily OTC Equities Share Volume Average Daily OTC Equities Dollar Volume ($) Average Daily OTC Equities Transactions
2014 6,406,587,557 $946,632,049 114,573
2015 5,683,043,047 $959,847,789 108,523
2016 4,982,665,577 $939,131,724 122,877
2017 11,061,423,136 $1,136,567,231 161,995
2018 8,588,230,459 $1,511,608,770 209,102

Source: FINRA OTCE Market Statistics. Data as of August 9, 2019. 

1Differences in historical series reflect changes in data sources and method of calculation.

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FINRA-Member Firm's Order Audit Trail System (OATS) Activity – Total OATS Events, 2014—20181

 

 

Year OATS Messages1 Trade Executions Number of Shares Value of Executions ($)
2014 632,072,047,792 3,875,296,930 6,171,943,611,831 $41,041,003,543,865
2015 753,589,404,714 3,083,950,634 3,066,698,357,202 $36,471,141,990,007
2016 727,812,241,098 3,961,320,427 3,656,985,412,829 $42,781,770,202,084
2017 531,866,067,552 3,527,221,666 6,525,698,297,889 $42,078,647,880,622
2018 729,720,486,018 3,973,693,014 5,725,806,866,105 $52,733,733,403,793

Source: Financial Industry Regulatory Authority

1OATS messages include orders, order cancellations, order modifications, new order routes and trade executions.

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FINRA-Member Firm's Order Audit Trail System (OATS) Activity – Daily Average OATS Events, 2014—20181

 

 

Year Number of Business Days OATS Messages1 Trade Executions Number of Shares Value of Executions ($)
2014 252 2,508,222,412 15,378,162 24,491,839,729 $162,861,125,174
2015 252 2,990,434,146 12,237,899 12,169,437,925 $144,726,753,929
2016 252 2,888,143,814 15,719,526 14,511,846,876 $169,768,929,373
2017 251 2,118,988,317 14,052,676 25,998,798,000 $167,644,015,461
2018 252 2,895,716,214 15,768,623 22,721,455,818 $209,260,846,840

Source: Financial Industry Regulatory Authority. Data as of May 1, 2019. 

1OATS messages include orders, order cancellations, order modifications, new order routes and trade executions.

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National Market Systems (NMS) Stocks Trading Summary, 2014—20181

 

 

Year Total Consolidated Volume Total OTC Percent OTC
2014 1,623,386,544,215 587,338,028,782 36.2
2015 1,741,532,712,604 615,827,618,345 35.4
2016 1,848,780,101,176 678,857,487,044 36.7
2017 1,642,696,484,455 616,183,840,401 37.5
2018 1,841,855,556,392 668,455,710,212 36.3

Source: UTP Trade Data Feed and Consolidated Tape System. Data as of June 7, 2019.

1OTC includes all FINRA facilities (the FINRA/Nasdaq TRF, the FINRA/NYSE TRF and the FINRA Alternative Display Facility).

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Trade Reporting and Compliance Engine (TRACE) Activity Summary, 2014—20181

 

 

    2014 2015 2016 2017 2018
Corporate & Agencies Avg. Daily Transactions 45,522 47,251 55,451 59,147 70,780
Corporate & Agencies Avg. Daily Volume (in $ billions) 34.2 34.5 36.6 36.4 43.6
Securitized Products Avg. Daily Transactions 13,387 13,254 12,976 13,029 12,992
Securitized Products Avg. Daily Volume (in $ billions) 199.8 212.1 230.8 229.5 240.5

Source: Financial Industry Regulatory Authority. Data as of June 7, 2019.

1The Trade Reporting and Compliance Engine (TRACE) facilitates the mandatory reporting of over-the-counter secondary market transactions in eligible fixed income securities.

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