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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 February 2016:
- The share trading increased by 4.4% to a daily average of 3.486bn EUR, compared to 3.340bn EUR in February 2015. Compared to the previous month, January 2016, the daily average increased by 2.6 %.
- Derivatives trading increased by 29.1% to a daily average of 612,449 contracts, compared with 474,228 contracts in February 2015.
- ETF trading3 (Exchange Traded Funds) increased by 51.2% to a daily average of 73.4m EUR compared to 48.5m EUR in February 2015.
- Novo Nordisk A/S 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 decreased to 62.9%, compared to 63.5% 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 2.7 larger
- For OMXH25 companies 2.1 larger
- For OMXS30 companies 2.1 larger
- Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC20 companies 90.7%
- For OMXH25 companies 87.6%
- For OMXS30 companies 92.6%
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.
