Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for September 2019:
- The share trading decreased by 0.8% to a daily average of 2.851bn EUR, compared to 2.874bn EUR in September 2018. Compared to the previous month, August 2019, the daily average increased by 10.9%.
- Cleared derivatives volume decreased by 14.7% to a daily average of 405,064 contracts, compared with 474,657 contracts in September 2018.
- ETF trading3 (Exchange Traded Funds) decreased by 14.7% to a daily average of 29.9 m EUR compared to 35.0 m EUR in September 2018.
- Novo Nordisk A/S was the most traded stock per day during the past month, followed by Nordea Bank Abp.
- Morgan Stanley was the most active member during the past month, followed by XTX Markets .
- Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 73.4%, compared to 72.9% previous month4.
The average order book depth on the best price level was larger at Nasdaq Nordic than the second most liquid trading venue, see detailed figures per exchange:
- For OMXC25 companies 2.8 larger
- For OMXH25 companies 5.0 larger
- For OMXS30 companies 2.2 larger
Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC25 companies 96.1%
- For OMXH25 companies 95.0%
- For OMXS30 companies 94.4%
1. Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.
2. Nasdaq Riga, Tallinn and Vilnius.
3. ETF trading figure encompasses Nasdaq Stockholm and Nasdaq Helsinki.
4. Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares. Source: Thomson Reuters.
5. EBBO (European Best Bid and Offer) refers to the current best price available for selling or buying a trading instrument such as a stock.