Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic¹ and Baltic² markets. Below follows a summary of the statistics for January 2021:

• The share trading increased by 35.0% to a daily average of 4.284bn EUR, compared to 3.172bn EUR in January 2020. Compared to the previous month, December 2020, the daily average increased by 19.6%.
• Cleared derivatives volume increased by 27.9 % to a daily average of 511,128 contracts, compared with 399,707 contracts in January 2020.
• ETF trading³ (Exchange Traded Funds) increased by 21.5% to a daily average of 46.3m EUR compared to 38.1m EUR in January 2020.
• Nokia Oyj was the most traded stock per day during the past month, followed by Vestas Wind Systems A/S.
• 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 decreased to 78.6%, compared to 79.1% 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 3.3 larger
• For OMXH25 companies 2.9 larger
• For OMXS30 companies 2.8 larger

Nasdaq Nordic’s average time at EBBO⁵ (European Best Bid and Offer) was:

• For OMXC25 companies 94.7%
• For OMXH25 companies 92.8%
• For OMXS30 companies 94.3%

1. Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.
2. Nasdaq Riga, Tallinn and Vilnius.
3. ETF trading figure encompasses Nasdaq Stockholm, Helsinki and Iceland.
4. Included are the main European marketplaces that offer trading in Nasdaq Nordic listed shares. Source: REFINITIV, Equity Market Share Reporter.
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.