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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 November 2016:
- The share trading increased by 0.1% to a daily average of 3.053bn EUR, compared to 3.050bn EUR in November 2015. Compared to the previous month, October 2016, the daily average increased by 6.9 %.
- Derivatives trading decreased by 8.9% to a daily average of 416,552 contracts, compared with 457,353 contracts in November 2015.
- ETF trading3 (Exchange Traded Funds) decreased by 17.7% to a daily average of 34.8m EUR compared to 42.3m EUR in November 2015.
- Novo Nordisk A/S was the most traded stock per day during the past month, followed by Nokia Oyj.
- Deutsche Bank was the most active member during the past month, followed by Morgan Stanley.
- Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 65.1%, compared to 62.3% 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 OMXC20 companies 2.3 larger
- For OMXH25 companies 2.2 larger
- For OMXS30 companies 2.4 larger
- Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC20 companies 94.1%
- For OMXH25 companies 93.7%
- For OMXS30 companies 95.1%
1) Nasdaq Copenhagen, Helsinki, Iceland and Stockholm
2) Nasdaq Riga, Tallinn and Vilnius
3) ETF trading figure encompasses Nasdaq Stockholm and Nasdaq Helsinki.
4) Source: Thomson Reuters and Nasdaq. Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares.
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.
