Exchanges Benefit from Record Volumes
Market volatility escalated and trading volumes set new record highs this week, totaling 10.59 billion shares on the three major stock exchanges on July 26 alone. That was 34% above the previous record from earlier this year and a sign of increasing skittishness among investors. The heightened volatility comes as investors digest mounting evidence of a credit crunch and deeper housing market woes that could spell trouble for the broader economy in the months ahead.
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