Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for August 2018:
- The share trading decreased by 6.4% to a daily average of 2.569bn EUR, compared to 2.745bn EUR in August 2017. Compared to the previous month, July 2018, the daily average decreased by 4.2%.
- Cleared derivatives volume decreased by 4.8% to a daily average of 316,640 contracts, compared with 332,490 contracts in August 2017.
- ETF trading3 (Exchange Traded Funds) increased by 58.5% to a daily average of 33.6m EUR compared to 21.2m EUR in August 2017.
- Novo Nordisk A/S was the most traded stock per day during the past month, followed by Nokia Oyj.
- Morgan Stanley Int. Plc was the most active member during the past month, followed by Deutsche Bank AG.
- Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 65.5%, compared to 65.0% 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 2.1 larger
- For OMXH25 companies 1.8 larger
- For OMXS30 companies 1.7 larger
Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC25 companies 94.4%
- For OMXH25 companies 91.4%
- For OMXS30 companies 93.8%
- Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.
- Nasdaq Riga, Tallinn and Vilnius.
- ETF trading figure encompasses Nasdaq Stockholm and Nasdaq Helsinki.
- Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares. Source: Thomson Reuters.
- EBBO (European Best Bid and Offer) refers to the current best price available for selling or buying a trading instrument such as a stock.
