In keeping with the theme of this thread, an actual Free Float accounting of the present market going forward would be a good feature to frame the backdrop of the effects of derivatives on investor portfolios...broker dealers wont like it...but its the one feature that settles debate, where are the shares at any given moment...are there more shares than what are legally authorized, and if so, who is actually setting prices....?
The Nasdaq Market Float Since 1997 The Math of the Market Mon/Yr..Trade Days..# Compy..TotlVol...AverD Vol
Jul-97. 22.....6388... 14,659,052,996.. 666,320,591 Mar-98. 21.....6143... 17,694,084,535.. 842,575,454 Jul-99. 21.....5400... 21,249,135,986.. 1,001,863,618 Jan-00. 20.....5233.…. 33,859,912,232.. 1,692,995,612 Jul-03. 22.....3671... 38,984,813,325.. 1,772,036,969 Jan-04. 20.....3560... 46,649,555,963.. 2,332,477,798 Jul-05. 20.....3441.…. 33,681,072,462.. 1,684,053,623 Apr-06. 19.....3384... 40,846,016,058.. 2,149,790,319 Jul-07. 21.....3348... 46,780,102,818.. 2,227,623,944 Jan-08. 21.....3299... 56,616,100,438.. 2,696,004,783 Nov-08. 19.....3199... 42,460,731,579.. 2,234,775,346 Jul-09. 22.....3024... 48,456,198,558.. 2,202,554,480 Apr-10. 21.....2982... 53,597,263,077.. 2,552,250,623 May-10.........2977....57,205,068,222.. 2,860,253,411* Flash Crash 5-6 4.5bil 2943companies Sept-10........2914.... Nov-10.........2941....42,183,589,365..2,008,742,351 Dec-10........2900.... Mar 2011....2914..40,289,690,615..ADV 2,120,510,032 May 2011 ...2881 43,314,364,851 ADV 2,062,588,802 July 11...... .2857 38,302,934,478...ADV 1,915,146,724 Oct 2011.....2842 44,691,480,4311 ADV 2,128,165,735 APR 2012....2804 34,686,739,001 ADV 1,734,336,950 Jul 2012......2790 34,834,229,792 ADV 1,658,728,847 Nov 2012 21Days 2740 companies Totl Mnth vol 36,150,040,710 avg dv 1,721,468,605
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