NASDAQ OMX today publishes monthly trade statistics for the Nordic(1) and Baltic(2) markets. Below follows a summary of the statistics for August 2014:
The share trading increased by 10.9% to a daily average of 2.038bn EUR, compared to 1.838bn EUR in August 2013. Compared to the previous month, July 2014, the daily average increased by 8.9 %.
Derivatives trading increased by 3.9 % to a daily average of 376,471 contracts, compared with 362,363 contracts in August 2013.
ETF trading(3) (Exchange Traded Funds) increased by 8.9% to a daily average of 40.1m EUR compared to 36.8m EUR in August 2013.
Nokia Oyj was the most traded stock during the past month, followed by Vestas Wind Systems A/S.
Deutsche Bank was the most active member during the past month, followed by Credit Suisse.
NASDAQ OMX Nordic’s share of order-book trading in our listed stocks(4) increased to 70.0%, compared to 69.6% previous month.
NASDAQ OMX Nordic’s share of order-book trading in Norwegian listed shares(5) increased to 7.1% compared to 5.9% previous month.
The average order book depth on the best price level was larger at NASDAQ OMX Nordic than the second most liquid trading venue, see detailed figures per exchange:
For OMXC20 companies 3.6 larger
For OMXH25 companies 3.5 larger
For OMXS30 companies 2.7 larger
NASDAQ OMX Nordic’s average time at EBBO(6) (European Best Bid and Offer) was:
For OMXC20 companies 92.2 %
For OMXH25 companies 92.4 %
For OMXS30 companies 94.7 %
1) NASDAQ OMX Copenhagen, Helsinki, Iceland and Stockholm
2) NASDAQ OMX Riga, Tallinn and Vilnius
3) ETF trading figure encompasses NASDAQ OMX Stockholm and NASDAQ OMX Helsinki.
4) Source: Thomson Reuters and NASDAQ OMX. Included are all European marketplaces that offer trading in NASDAQ OMX Nordic listed shares.
5) NASDAQ OMX offers trading in all of the Oslo Bors listed shares.
6) EBBO (European Best Bid and Offer) refers to the current best price available for selling or buying a trading instrument such as a stock.