Nasdaq Nordic: Trading Statistics May 2016

Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic¹ and Baltic² markets. Below follows a summary of the statistics for May 2016:

• The share trading decreased by 16.1% to a daily average of 2.728bn EUR, compared to 3.251bn EUR in May 2015. Compared to the previous month, April 2016, the daily average decreased by 7.5 %.
• Derivatives trading decreased by 23.9% to a daily average of 375,647 contracts, compared with 493,519 contracts in May 2015.
• ETF trading³ (Exchange Traded Funds) decreased by 25.0% to a daily average of 37.1m EUR compared to 49.4m EUR in May 2015.
• Nokia Oyj was the most traded stock during the past month, followed by Novo Nordisk A/S.
• 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 63.9%, compared to 62.4% 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 3.0 larger
          - For OMXH25 companies 2.8 larger
          - For OMXS30 companies 2.4 larger

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

          - For OMXC20 companies 92.5%
          - For OMXH25 companies 92.4%
          - For OMXS30 companies 94.9%

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.