Nasdaq Nordic And Baltic Markets: Trading Statistics June 2019

Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic¹ and Baltic² markets. Below follows a summary of the statistics for June 2019:

The share trading decreased by 10.7% to a daily average of 2.880bn EUR, compared to 3.224bn EUR in June 2018. Compared to the previous month, May 2019, the daily average increased by 4.3%.

• Cleared derivatives volume decreased by 5.1% to a daily average of 431,227 contracts, compared with 454,554 contracts in June 2018.
• ETF trading³ (Exchange Traded Funds) increased by 45.9% to a daily average of 44.8m EUR compared to 30.7m EUR in June 2018.
• Novo Nordisk A/S was the most traded stock per day during the past month, followed by Nokia Oyj.
• Morgan Stanley was the most active member during the past month, followed by Deutsche Bank.
• Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 72.0%, compared to 69.8% 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 2.9 larger
• For OMXH25 companies 2.2 larger
• For OMXS30 companies 2.1 larger

Nasdaq Nordic’s average time at EBBO⁵ (European Best Bid and Offer) was:

• For OMXC25 companies 96.0%
• For OMXH25 companies 92.1%
• For OMXS30 companies 93.5%

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.