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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 March 2016:
- The share trading decreased by 21.5% to a daily average of 2.779bn EUR, compared to 3.538bn EUR in March 2015. Compared to the previous month, February 2016, the daily average decreased by 20.3 %.
- Derivatives trading decreased by 6.5% to a daily average of 468,407 contracts, compared with 501,136 contracts in March 2015.
- ETF trading[3] (Exchange Traded Funds) increased by 11.2% to a daily average of 52.2m EUR compared to 46.9m EUR in February 2015.
- Novo Nordisk A/S was the most traded stock during the past month, followed by Nordea Bank AB.
- 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 61.3%, compared to 62.9% 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 2.6 larger
- For OMXH25 companies 2.2 larger
- For OMXS30 companies 2.2 larger
- Nasdaq Nordic’s average time at EBBO[5] (European Best Bid and Offer) was:
- For OMXC20 companies 90.4%
- For OMXH25 companies 88.6%
- For OMXS30 companies 93.2%
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.
