Retail Traders Slide Back Below 20% of Market's Total Volume
- Day-trader volume dips below 20%; was 24% earlier this year
- Do-it-yourselfers may stay on sidelines if market’s rough: BI
Source: Moment RF/Getty Images
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The worst quarter for the S&P 500 since the start of the pandemic appears to have driven away some do-it-yourself investors.
The retail trading surge that began with pandemic lockdowns has now abated, as total equity volume from individual investors fell to 19% in the third quarter, down from 24% at the start of this year, according to Securities and Exchange Commission and market data compiled by Bloomberg Intelligence.