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Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for March 2023:
The share trading decreased by 25.9% to a daily average of 3.475bn EUR, compared to 4.691bn EUR in March 2022. Compared to the previous month, February 2023, the daily average decreased by 0.4%.
Cleared derivatives volume decreased by 8.4% to a daily average of 474,310 contracts, compared with 517,793 contracts in March 2022.
ETF trading3 (Exchange Traded Funds) decreased by 23.1% to a daily average of 48.1m EUR compared to 62.5m EUR in March 2022.
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 70.3%, compared to 68.6% 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 2.0 larger
For OMXH25 companies 2.1 larger
For OMXS30 companies 2.5 larger
Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
For OMXC25 companies 88.0%
For OMXH25 companies 92.1%
For OMXS30 companies 90.2%
1) Nasdaq Copenhagen, Helsinki, Iceland and Stockholm
2) Nasdaq Riga, Tallinn and Vilnius.
3) ETF trading figure include Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.
4) Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares. Source: REFINITIV, Equity Market Share Reporter.
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.
