Stock trading volumes are through the roof.
It’s not just equity prices that are hitting new highs in 2021. Trading volumes for stocks and options are at records as well.
“For trading volumes, the new year starts at a consistent, unprecedented strong & record pace,” according to Rich Repetto, who tracks trading volumes at Piper Sandler.
Much of it is being driven by retail investors, who are continuing the high level of engagement that began in 2020. The increased volumes are pushing electronic brokers like Interactive Brokers and Charles Schwab to new highs, along with exchanges like ICE and Nasdaq.