Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for July 2018:
- The share trading decreased by 9.6% to a daily average of 2.681bn EUR, compared to 2.965bn EUR in July 2017. Compared to the previous month, June 2018, the daily average decreased by 16.9%.
- Cleared derivatives volume increased by 1.1% to a daily average of 332,744 contracts, compared with 329,196 contracts in July 2017.
- ETF trading3 (Exchange Traded Funds) decreased by 20.2% to a daily average of 20.1m EUR compared to 25.2m EUR in July 2017.
- Nokia Oyj was the most traded stock per day during the past month, followed by Novo Nordisk A/S.
- 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 decreased to 65.0%, 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 OMXC25 companies 2.1 larger
- For OMXH25 companies 1.9 larger
- For OMXS30 companies 1.7 larger
Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC25 companies 94.1%
- For OMXH25 companies 92.2%
- For OMXS30 companies 92.5%
1. Nasdaq Copenhagen, Helsinki, Iceland and Stockholm
2. Nasdaq Riga, Tallinn and Vilnius.
3. ETF trading figure encompasses Nasdaq Stockholm and Nasdaq Helsinki.
4. Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares. Source: Thomson Reuters.
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.