Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for February 2020:
- The share trading increased by 31.0% to a daily average of 4.047bn EUR, compared to 3.090bn EUR in February 2019. Compared to the previous month, January 2020, the daily average increased by 27.6%.
- Cleared derivatives volume increased by 28.1 % to a daily average of 529,226 contracts, compared with 413,107 contracts in February 2019.
- ETF trading3 (Exchange Traded Funds) increased by 58.0% to a daily average of 55.6m EUR compared to 35.2m EUR in February 2019.
- Novo Nordisk A/S was the most traded stock per day during the past month, followed by Nokia Oyj.
- 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 increased to 74.5%, compared to 72.9% 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 2.4 larger
Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC25 companies 95.6%
- For OMXH25 companies 94.9%
- For OMXS30 companies 95.5%
1. Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.
2. Nasdaq Riga, Tallinn and Vilnius.
3. ETF trading figure encompasses Nasdaq Stockholm, Helsinki and Iceland.
4. Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares. Source: Thomson Reuters.
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.
