Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic1 and Baltic2 markets. Below follows a summary of the statistics for November 2017:
- The share trading increased by 4.6% to a daily average of 3.198bn EUR, compared to 3.057bn EUR in November 2016. Compared to the previous month, October 2017, the daily average decreased by 6.1%.
- Derivatives trading decreased by 2.4% to a daily average of 406,386 contracts, compared with 416,552 contracts in November 2016.
- ETF trading3 (Exchange Traded Funds) decreased by 20.0% to a daily average of 28.0m EUR compared to 34.8m EUR in November 2016.
- Vestas Wind Systems A/S was the most traded stock per day during the past month, followed by Novo Nordisk A/S
- Deutsche Bank AG was the most active member during the past month, followed by Hudson River Trading Europe Ltd.
- Nasdaq Nordic’s share of order-book trading in our listed stocks increased to 71.0%, compared to 69.7% 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 2.2 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 96.3%
- For OMXH25 companies 93.1%
- For OMXS30 companies 96.1%
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.