Direct Edge is a Jersey City, New Jersey-based stock exchange operating two separate platforms, EDGA Exchange and EDGX Exchange. Since March 2009, Direct Edge's market share has ranged from 9% to 12% of U.S. equities trading volume, and regularly trades one to two billion shares per day. Direct Edge jockeys with BATS Trading to be the third largest stock market in the United States, behind the New York Stock Exchange and NASDAQ.

Milestones
•    Direct Edge matches over 1 billion shares for the first time on February 10, 2009.
•    Direct Edge captures all-time high 12.9% market share for the month of August 2009.
•    March 2009, Direct Edge passes BATS Trading in monthly matched market share making it the third largest stock market operator in the United States, a position it held for 11 consecutive months.
•    Direct Edge officially launches its two stock exchanges, EDGA and EDGX, on July 21, 2010.