TY - JOUR T1 - Trading on Electronic versus Floor-based Markets JF - The Journal of Trading SP - 69 LP - 75 DO - 10.3905/jot.2006.628197 VL - 1 IS - 2 AU - Jeffrey W. Smith Y1 - 2006/03/31 UR - https://pm-research.com/content/1/2/69.abstract N2 - Comparison of volume between Nasdaq- and NYSE-listed stocks has long been a concern for analysts. This paper provides two empirical analyses addressing the issue. One is based on stocks that transfer listing venues, the other based on regression modeling. Both indicate a complex relationship between the volume of a Nasdaq stock and that of a similar NYSE stock. The analysis is also used to forecast the change in aggregate NYSE volume as the trading of NYSE-listed stocks becomes more electronic.TOPICS: Exchanges/markets/clearinghouses, financial crises and financial market history ER -