Record Trading Volume on the Nasdaq Closing Cross During the June 2026 Russell US Indexes Reconstitution

Nasdaq achieved a record trading volume of 4.59 billion shares worth $334.027 billion during the June 2026 Russell US Indexes reconstitution using the Closing Cross mechanism. The execution was completed in 1.630 seconds, surpassing the previous year's volume of 2.51 billion shares. This marks the 23rd year the Closing Cross has been used for Russell Reconstitution, demonstrating the scalability and efficiency of US market infrastructure.