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

The share trading increased by 4.2% to a daily average of 4.486bn EUR, compared to 4.304bn EUR in November 2020. Compared to the previous month, October 2021, the daily average increased by 11.7%.

Cleared derivatives volume increased by 2.6% to a daily average of 348,913 contracts, compared with 339,974 contracts in November 2020.

ETF trading³ (Exchange Traded Funds) decreased by 2.6% to a daily average of 47.9m EUR compared to 49.2m EUR in November 2020.

Novo Nordisk was the most traded stock per day during the past month, followed by Evolution AB.

Morgan Stanley was the most active member during the past month, followed by XTX Markets SAS.

Nasdaq Nordic’s share of order-book trading in our listed stocks decreased to 75.2%, compared to 76.4% 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 2.5 larger

For OMXH25 companies 2.0 larger

For OMXS30 companies 2.2 larger

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

For OMXC25 companies 90.8%

For OMXH25 companies 94.3%

For OMXS30 companies 92.3%

1)     Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.

2)     Nasdaq Riga, Tallinn and Vilnius.

3)     ETF trading figure include Nasdaq Copenhagen, Helsinki, Iceland and Stockholm.

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.