Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic[1] and Baltic[2] markets. Below follows a summary of the statistics for October 2017:
- The share trading increased by 18.9% to a daily average of 3.405bn EUR, compared to 2.863bn EUR in October 2016. Compared to the previous month, September 2017, the daily average increased by 13.2%.
- Derivatives trading decreased by 0.5% to a daily average of 406,536 contracts, compared with 408,575 contracts in October 2016.
- ETF trading[3] (Exchange Traded Funds) decreased by 23.0% to a daily average of 23.8m EUR compared to 30.9m EUR in October 2016.
- Novo Nordisk A/S was the most traded stock per day during the past month, followed by Nordea Bank AB.
- Deutsche Bank AG was the most active member during the past month, followed by Morgan Stanley & Co. International plc.
- Nasdaq Nordic’s share of order-book trading in our listed stocks decreased to 69.7%, compared to 69.9% previous month[4].
- 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 OMXC20 companies 2.5 larger
- For OMXH25 companies 2.6 larger
- For OMXS30 companies 2.6 larger
- Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC20 companies 97.2%
- For OMXH25 companies 96.4%
- For OMXS30 companies 98.8%
1) Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.
2) Nasdaq Riga, Tallinn and Vilnius.
3) ETF trading figure encompasses Nasdaq Stockholm and Nasdaq Helsinki.
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.