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Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for August 2017:
- The share trading increased by 16.6% to a daily average of 2.745bn EUR, compared to 2.354bn EUR in August 2016. Compared to the previous month, July 2017, the daily average decreased by 7.4%.
- Derivatives trading increased by 4.9% to a daily average of 332,490 contracts, compared with 317,074 contracts in August 2016.
- ETF trading3 (Exchange Traded Funds) decreased by 24.9% to a daily average of 21.2m EUR compared to 28.2m EUR in August 2016.
- Novo Nordisk A/S was the most traded stock per day during the past month, followed by Pandora A/S.
- Deutsche Bank AG was the most active member during the past month, followed by Hudson River Trading Europe Ltd.
- Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 67.7%, compared to 66.3% 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 2.4 larger
- For OMXH25 companies 2.4 larger
- For OMXS30 companies 2.4 larger
- Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC20 companies 96.6%
- For OMXH25 companies 95.6%
- For OMXS30 companies 98.3%
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. 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.
