Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for January 2020:
- The share trading increased by 17.2% to a daily average of 3.172bn EUR, compared to 2.707bn EUR in January 2019. Compared to the previous month, December 2019, the daily average increased by 9.1%.
- Cleared derivatives volume decreased by 2.6 % to a daily average of 399,707 contracts, compared with 410,392 contracts in January 2019.
- ETF trading3 (Exchange Traded Funds) decreased by 32.9% to a daily average of 38.1m EUR compared to 56.7m EUR in January 2019.
- Novo Nordisk A/S was the most traded stock per day during the past month, followed by Ørsted A/S.
- Morgan Stanley was the most active member during the past month, followed by HRTEU Limited.
- Nasdaq Nordic’s share of order-book trading in our listed stocks decreased to 72.9%, compared to 74.7% 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 OMXC25 companies 2.8 larger
- For OMXH25 companies 2.3 larger
- For OMXS30 companies 2.5 larger
Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC25 companies 97.2%
- For OMXH25 companies 97.0%
- For OMXS30 companies 97.1%
- Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.
- Nasdaq Riga, Tallinn and Vilnius.
- ETF trading figure encompasses Nasdaq Stockholm, Helsinki and Iceland.
- Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares. Source: Thomson Reuters.
- EBBO (European Best Bid and Offer) refers to the current best price available for selling or buying a trading instrument such as a stock.
