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Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic[1] and Baltic[2] markets. Below follows a summary of the statistics for October 2016:
- The share trading decreased by 7.8% to a daily average of 2.857bn EUR, compared to 3.099bn EUR in October 2015. Compared to the previous month, September 2016, the daily average increased by 9.5 %.
- Derivatives trading decreased by 6.3% to a daily average of 408,575 contracts, compared with 436,023 contracts in October 2015.
- ETF trading[3] (Exchange Traded Funds) decreased by 32.2% to a daily average of 30.9m EUR compared to 45.5m EUR in October 2015.
- Novo Nordisk A/S was the most traded stock per day during the past month, followed by Nokia Oyj.
- 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 decreased to 62.3%, compared to 62.7% previous month[4].
- 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 2.2 larger
- For OMXH25 companies 2.3 larger
- For OMXS30 companies 2.0 larger
- Nasdaq Nordic’s average time at EBBO[5] (European Best Bid and Offer) was:
- For OMXC20 companies 93.7%
- For OMXH25 companies 92.4%
- For OMXS30 companies 95.1%
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.
