Nasdaq Nordic And Baltic Markets: Trading Statistics May 2018

Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic¹ and Baltic² markets. Below follows a summary of the statistics for May 2018:

The share trading decreased by 3.6% to a daily average of 3.342bn EUR, compared to 3.468bn EUR in May 2017. Compared to the previous month, April 2018, the daily average increased by 5.6%.
Cleared derivatives volume decreased by 13.0% to a daily average of 460,598 contracts, compared with 529,175 contracts in May 2017.
ETF trading³ (Exchange Traded Funds) decreased by 6.1% to a daily average of 32.7m EUR compared to 34.8m EUR in May 2017.
Novo Nordisk A/S was the most traded stock per day during the past month, followed by Nokia Oyj.
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 66.9%, compared to 67.4% 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 2.4 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 95.9%
For OMXH25 companies 93.2%
For OMXS30 companies 95.3%

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.