Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for July 2019:
- The share trading decreased by 9.2% to a daily average of 2.434bn EUR, compared to 2.680bn EUR in July 2018. Compared to the previous month, June 2019, the daily average decreased by 15.5%.
- Cleared derivatives volume increased by 11.4% to a daily average of 370,579 contracts, compared with 332,744 contracts in July 2018.
- ETF trading3 (Exchange Traded Funds) increased by 21.1% to a daily average of 24.4m EUR compared to 20.1m EUR in July 2018.
- Novo Nordisk A/S was the most traded stock per day during the past month, followed by Nordea Bank Abp.
- Morgan Stanley was the most active member during the past month, followed by XTX Markets .
- Nasdaq Nordic’s share of order-book trading in our listed stocks decreased to 71.8%, compared to 72.1% 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 3.0 larger
- For OMXH25 companies 2.6 larger
- For OMXS30 companies 2.2 larger
Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC25 companies 96.0%
- For OMXH25 companies 94.3%
- For OMXS30 companies 94.1%
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.
