Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for November 2020:
- The share trading increased by 44.1% to a daily average of 4.197bn EUR, compared to 2.912bn EUR in November 2019. Compared to the previous month, October 2020, the daily average increased by 24.5%.
- Cleared derivatives volume decreased by 20.3 % to a daily average of 339,974 contracts, compared with 426,503 contracts in November 2019.
- ETF trading3 (Exchange Traded Funds) increased by 70.9% to a daily average of 47.0m EUR compared to 27.5m EUR in November 2019.
- Novo Nordisk A/S was the most traded stock per day during the past month, followed by Nordea Bank Abp.
- Morgan Stanley was the most active member during the past month, followed by HRTEU Ltd.
- Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 79.2%, compared to 78.6% 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 3.0 larger
- For OMXH25 companies 2.7 larger
- For OMXS30 companies 2.5 larger
Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC25 companies 93.7%
- For OMXH25 companies 93.6%
- For OMXS30 companies 94.1%
- Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.
- Nasdaq Riga, Tallinn and Vilnius.
- ETF trading figure encompasses Nasdaq Stockholm, Helsinki and Iceland.
- 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.