Trading Volumes Fall at Nasdaq Nordic And Baltic Markets

• The share trading decreased by 17.0 % to a daily average of 2.919bn EUR, compared to 3.518bn EUR in 2022.
• The average number of trades per business day decreased by 25.6 % to 618,976 as compared to 831,789 in 2022.
• Derivatives trading decreased by 7.4 % to a daily average of 286,875 contracts, compared with 309,651 contracts in 2022.
• ETF trading³ (Exchange Traded Funds) decreased by 34.7 % to a daily average of 35.0m EUR compared to 53.7m EUR in 2022.
• 33⁴ companies listed at Nasdaq Nordic and Baltics markets during 2023 (16⁴ at Nasdaq Nordic and Baltics main market and 17 at First North) compared to 74⁴ in 2022. There are 1 218 companies listed end of 2023 (687 at Nasdaq Nordic and Baltics main market and 531 at First North) compared to 1 251 companies listed end of 2022.
• Novo Nordisk A/S was the most traded stock during 2023, followed by Nordea Bank Abp.
• Goldman Sachs Bank Europe SE was the most active member during 2023, followed by Morgan Stanley Europe SE.
• Nasdaq Nordic’s average share of order-book trading in our listed stocks decreased to 70.7 %, compared to 71.4 % in 2022⁵.
• Nasdaq Nordic’s average time at EBBO⁶ (European Best Bid and Offer) during 2023 was:

• For OMXC20 companies 88.1 %
• For OMXH25 companies 92.3 %
• For OMXS30 companies 90.6 %

¹⁾ Nasdaq Copenhagen, Helsinki, Iceland and Stockholm²⁾ Nasdaq Riga, Tallinn and Vilnius³⁾ ETF trading figure encompasses Nasdaq Copenhagen, Helsinki and Stockholm.⁴⁾ 33 listings –  Includes 10 switches from First North 2023  (12 switches in 2022).⁵⁾ Source: REFINITIV. Included are main European marketplaces that offer trading in Nasdaq Nordic 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.