Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for March 2020:
The share trading increased by 77.1% to a daily average of 5.427bn EUR, compared to 3.065bn EUR in March 2019. Compared to the previous month, February 2020, the daily average increased by 34.1%.
- Cleared derivatives volume increased by 34.9 % to a daily average of 658,165 contracts, compared with 487,845 contracts in March 2019.
- ETF trading3 (Exchange Traded Funds) increased by 120.4% to a daily average of 107.7m EUR compared to 48.9m EUR in March 2019.
- 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 HRTEU Limited.
- Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 76.0%, compared to 74.5% 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 OMXC25 companies 2.3 larger
- For OMXH25 companies 2.1 larger
- For OMXS30 companies 1.9 larger
Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC25 companies 88.3%
- For OMXH25 companies 87.2%
- For OMXS30 companies 86.1%
- Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.
- Nasdaq Riga, Tallinn and Vilnius.
- ETF trading figure encompasses Nasdaq Stockholm, Helsinki and Iceland.
- Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares. Source: Thomson Reuters.
- EBBO (European Best Bid and Offer) refers to the current best price available for selling or buying a trading instrument such as a stock.
