Burgundy Monthly Report August 2010: Higher Trading Volume On All Nordic Markets

• The average daily turnover was EUR 92.5 (81.6) million, an increase of 13.4 percent.
• The average number of trades per day was 12,829 (11,536), an increase of 11.2 percent.
• The trading participant with the highest turnover was Handelsbanken with a turnover of EUR 814.7 (774.4) million.
• The most traded instrument was Volvo B, with a turnover of EUR 140.8 (129.6) million, an increase of 8.6 percent.

Olof Neiglick, CEO of Burgundy comments about August 2010:

“In August Burgundy’s average daily turnover for the Nordic countries was EUR 92.5 million, an increase of about 13.4 percent. The total market turnover for Nordic equity trading decreased in August, by about 2.4 percent. It was the fourth month in a row with a decreasing market activity. Burgundy’s market share increased in August as well as on other Nordic marketplaces, since the traders are back after the summer months. At the same time the market shares have decreased for many of the London based marketplaces.*”

NB: Numbers in parentheses are figures from the previous month.

^*Source: Thomson Reuters.

Click here to download Burgundy's monthly report for August 2010.