Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for July 2020:
- The share trading increased by 25.1% to a daily average of 3.043bn EUR, compared to 2.434bn EUR in July 2019. Compared to the previous month, June 2020, the daily average decreased by 23.9%.
- Cleared derivatives volume decreased by 34.0 % to a daily average of 244,705 contracts, compared with 370,579 contracts in July 2019.
- ETF trading3 (Exchange Traded Funds) increased by 48.0% to a daily average of 36.1m EUR compared to 24.4m EUR in July 2019.
- Novo Nordisk A/S was the most traded stock per day during the past month, followed by Evolution Gaming Group AB.
- Morgan Stanley was the most active member during the past month, followed by HRTEU Ltd.
- Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 76.9%, compared to 75.4% 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 3.0 larger
- For OMXH25 companies 2.4 larger
- For OMXS30 companies 2.3 larger
Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC25 companies 91.5%
- For OMXH25 companies 91.6%
- For OMXS30 companies 92.3%
- 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.