Direct Edge

Direct Edge
TypeStock exchange
LocationJersey City, New Jersey, United States
Founded1998 (1998)
Closed2014 (2014)
OwnerBATS Global Markets
Key peopleWilliam O’Brien (Chief Executive Officer), Bryan Harkins (Chief Operating Officer).[1]
CurrencyUnited States Dollar (USD)
IndicesUS Equity indices
Websitewww.directedge.com [dead link]

Direct Edge was an American stock exchange that operated two separate platforms, EDGA Exchange and EDGX Exchange.[2] It was based in Jersey City, New Jersey and merged with BATS Global Markets in 2014.

Beginning in March 2009, Direct Edge's market share ranged from 9% to 12% of U.S. equities trading volume, and regularly traded one to two billion shares per day. Before their merger, Direct Edge jockeyed with BATS Trading to be the third largest stock market in the United States, behind the New York Stock Exchange and NASDAQ.

  1. ^ "Direct Edge Announces Promotion of Bryan Harkins to Chief Operating Officer". NBC News. 2010. Retrieved 10 October 2020.
  2. ^ "Direct Edge Says IPO Possible After Exchange Status". Bloomberg Businessweek. 21 July 2010. Archived from the original on 2011-09-13.