Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for March 2017:
- The share trading increased by 7.0% to a daily average of 2.988bn EUR, compared to 2.793bn EUR in March 2016. Compared to the previous month, February 2017, the daily average decreased by 9.3 %.
- Derivatives trading decreased by 3.6% to a daily average of 451,579 contracts, compared with 468,408 contracts in March 2016.
- ETF trading3 (Exchange Traded Funds) decreased by 32.5% to a daily average of 35.2m EUR compared to 52.2m EUR in March 2016.
- Novo Nordisk A/S was the most traded stock per day during the past month, followed by Hennes & Mauritz AB, H & M.
- Deutsche Bank was the most active member during the past month, followed by Morgan Stanley.
- Nasdaq Nordic’s share of order-book trading in our listed stocks decreased to 66.8%, compared to 67.0% 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 OMXC20 companies 2.4 larger
- For OMXH25 companies 2.3 larger
- For OMXS30 companies 2.3 larger
- Nasdaq Nordic’s average time at EBBO5 (European Best Bid and Offer) was:
- For OMXC20 companies 96.9%
- For OMXH25 companies 95.3%
- For OMXS30 companies 97.8%
1) Nasdaq Copenhagen, Helsinki, Iceland and Stockholm
2) Nasdaq Riga, Tallinn and Vilnius
3) ETF trading figure encompasses Nasdaq Stockholm and Nasdaq Helsinki.
4) Source: Thomson Reuters and Nasdaq. Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares.
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.
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables clients to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 85 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,800 listed companies with a market value of $10.1 trillion and nearly 18,000 corporate clients.