Nasdaq Nordic And Baltic Markets Trading Statistics November 2019

Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic¹ and Baltic² markets. Below follows a summary of the statistics for November 2019: 

• The share trading decreased by 1.0% to a daily average of 2.912bn EUR, compared to 2.942bn EUR in November 2018. Compared to the previous month, October 2019, the daily average decreased by 4.1%.
• Cleared derivatives volume decreased by 1.2% to a daily average of 426,503 contracts, compared with 431,605 contracts in November 2018.
• ETF trading³ (Exchange Traded Funds) decreased by 18.2% to a daily average of 27.4m EUR compared to 33.5m EUR in November 2018.
• Novo Nordisk A/S was the most traded stock per day during the past month, followed by Ørsted A/S.
• Morgan Stanley was the most active member during the past month, followed by XTX Markets.
• Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 74.8%, compared to 72.5% 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 2.9 larger
• For OMXH25 companies 2.2 larger
• For OMXS30 companies 2.3 larger

Nasdaq Nordic’s average time at EBBO⁵ (European Best Bid and Offer) was:

• For OMXC25 companies 97.0%
• For OMXH25 companies 96.2%
• For OMXS30 companies 96.4%

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.