Nasdaq (Nasdaq: NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for August 2020:
- The share trading increased by 7.9% to a daily average of 2.773bn EUR, compared to 2.570bn EUR in August 2019. Compared to the previous month, July 2020, the daily average decreased by 8.9%.
- Cleared derivatives volume decreased by 29.5 % to a daily average of 293,586 contracts, compared with 416,407 contracts in August 2019.
- ETF trading3 (Exchange Traded Funds) increased by 2.3% to a daily average of 34.9m EUR compared to 34.1m EUR in August 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 Ltd.
- Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 77.0%, compared to 76.9% 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 2.7 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 92.6%
- For OMXH25 companies 93.0%
- For OMXS30 companies 93.5%
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.
