%0 Journal Article %A Jeffrey W. Smith %T Trading on Electronic versus Floor-based Markets %B An Analysis of Nasdaq and NYSE Volume Differences %D 2006 %R 10.3905/jot.2006.628197 %J The Journal of Trading %P 69-75 %V 1 %N 2 %X 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 %U https://jot.pm-research.com/content/iijtrade/1/2/69.full.pdf