Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic[1] and Baltic[2] markets. Below follows a summary of the statistics for November 2015:
- The share trading increased by 22.5% to a daily average of 3.050bn EUR, compared to 2.491bn EUR in November 2014. Compared to the previous month, October 2015, the daily average decreased by 1.6 %.
- Derivatives trading increased by 5.1% to a daily average of 450,956 contracts, compared with 429,044 contracts in November 2014.
- ETF trading[3] (Exchange Traded Funds) decreased by 15.2% to a daily average of 42.3m EUR compared to 49.9m EUR in November 2014.
- Fingerprint Cards AB 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 remain unchanged to 68.2%, compared to 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 2.4 larger
- For OMXH25 companies 2.3 larger
- For OMXS30 companies 2.1 larger
- Nasdaq Nordic’s average time at EBBO[5] (European Best Bid and Offer) was:
- For OMXC20 companies 94.2%
- For OMXH25 companies 90.5%
- For OMXS30 companies 94.7%
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.
