Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for April 2016:
- The share trading decreased by 24.5% to a daily average of 2.948bn EUR, compared to 3.903bn EUR in April 2015. Compared to the previous month, March 2016, the daily average increased by 6.1 %.
- Derivatives trading decreased by 8.1% to a daily average of 475,316 contracts, compared with 517,416 contracts in April 2015.
- ETF trading3 (Exchange Traded Funds) decreased by 9.0% to a daily average of 44.7m EUR compared to 49.1m EUR in April 2015.
- Fingerprint Cards AB was the most traded stock during the past month, followed by Nokia Oyj.
- Deutsche Bank was the most active member during the past month, followed by Morgan Stanley.
- Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 62.4%, compared to 61.3% 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 OMXC20 companies 2.8 larger
- For OMXH25 companies 2.5 larger
- For OMXS30 companies 2.4 larger
- Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC20 companies 91.2%
- For OMXH25 companies 90.1%
- For OMXS30 companies 93.9%
1) Nasdaq Copenhagen, Helsinki, Iceland and Stockholm
2) Nasdaq Riga, Tallinn and Vilnius
3) ETF trading figure encompasses Nasdaq Stockholm and Nasdaq Helsinki.
4) Source: Thomson Reuters and Nasdaq. Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares.
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.