Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for November 2018:
- The share trading decreased by 7.7% to a daily average of 2.942bn EUR, compared to 3.186bn EUR in November 2017. Compared to the previous month, October 2018, the daily average decreased by 13.6%.
- Cleared derivatives volume increased by 6.2% to a daily average of 431,605 contracts, compared with 406,386 contracts in November 2017.
- ETF trading3 (Exchange Traded Funds) increased by 19.5% to a daily average of 33.5m EUR compared to 28.0m EUR in November 2017.
- Nordea Bank Abp was the most traded stock per day during the past month, followed by Novo Nordisk A/S.
- 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 65.6%, compared to 65.7% 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 1.9 larger
- For OMXH25 companies 1.6 larger
- For OMXS30 companies 1.8 larger
Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC25 companies 90.9%
- For OMXH25 companies 86.7%
- For OMXS30 companies 91.9%
- Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.
- Nasdaq Riga, Tallinn and Vilnius.
- ETF trading figure encompasses Nasdaq Stockholm and Nasdaq Helsinki.
- 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.