The New York Stock Exchange today released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for Dec. 4-8.

The data indicated that during Dec. 4-8, program trading amounted to 28.5 percent of NYSE average daily volume of 3,036.0 million shares1, or 865.9 million program shares traded per day.

Program trading encompasses a wide range of portfolio-trading strategies involving the purchase or sale of a basket of at least 15 stocks with a total value of $1 million or more.

For the fourth quarter of 2006, the NYSE’s program-trading report includes profiles of program trading whenever the New York Stock Exchange Composite Index (NYA) moves 160 points or more in a single direction during any one-hour period. During Dec. 4-8, there were no such periods.

In all markets, program trading by member firms averaged 1,974.3 million shares a day during Dec. 4-8. About 43.9 percent of program trading took place on the NYSE, 5.8 percent in non-U.S. markets and 50.4 percent in other domestic markets, including Nasdaq, the American Stock Exchange and regional markets.