Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for February 2026:
The share trading increased by 23.6% to a daily average of 4.577bn EUR, compared to 3.703bn EUR in February 2025. Compared to the previous month, January 2026, the daily average increased by 13.6%.
Cleared derivatives volume increased by 5.5% to a daily average of 307,375 contracts, compared with 291,341 contracts in February 2025.
ETP trading3 (Exchange Traded Products) increased by 48.6% to a daily average of 63.8m EUR compared to 43.0m EUR in February 2025.
Novo Nordisk A/S was the most traded stock per day during the past month, followed by Nordea Bank Abp.
Goldman Sachs Bank Europe SE was the most active member during the past month, followed by Morgan Stanley Europe SE.
Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 74.4%, compared to 74.1% in the previous month4.
The average order book depth at 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 2.2 larger
For OMXS30 companies 2.6 larger
Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
For OMXC25 companies 70.1% (-4.6% from January)
For OMXH25 companies 83.9% (-1.0% from January)
For OMXS30 companies 82.9% (2.7% from January)
For more information, please visit our monthly statistics reports at https://www.nasdaq.com/european-market-activity/news/statistics
1) Nasdaq Copenhagen, Helsinki, Iceland and Stockholm
2) Nasdaq Riga, Tallinn and Vilnius.
3) ETP trading (ETF, ETN, ETC, AIF) figures includes Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.
4) Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares. Source: BMLL
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. Source: BMLL
