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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 October 2023:
The share trading decreased by 7.3% to a daily average of 2.780bn EUR, compared to 2.999bn EUR in October 2022. Compared to the previous month, September 2023, the daily average increased by 12.6%.
Cleared derivatives volume increased by 12.4% to a daily average of 361,777 contracts, compared with 321,881 contracts in October 2022.
ETF trading3 (Exchange Traded Funds) decreased by 30.2% to a daily average of 40.5m EUR compared to 58.0m EUR in October 2022.
Novo Nordisk A/S was the most traded stock per day during the past month, followed by Nordea Bank Abp.
Goldman Sachs Bank Europe SE was the most active member during the past month, followed by Morgan Stanley Europe SE.
Nasdaq Nordic’s share of order-book trading in our listed stocks decreased to 70.7%, compared to 72.0% 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 2.2 larger
For OMXH25 companies 2.5 larger
For OMXS30 companies 2.6 larger
Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
For OMXC25 companies 87.4%
For OMXH25 companies 90.9%
For OMXS30 companies 91.2%
1) Nasdaq Copenhagen, Helsinki, Iceland and Stockholm
2) Nasdaq Riga, Tallinn and Vilnius.
3) ETF trading figure include Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.
4) Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares. Source: REFINITIV, Equity Market Share Reporter.
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.
