November saw a record in number of trades in share trading on the Nordic
Exchange. Record figures in number of trades were 234,070 trades per day in
November (previous record: 214,167 trades per day in August, 2007).
“During the first month of trading under the MiFID directive, we have recorded
an all time high in terms of number of trades. Based on the experience from
deregulations in the US we expect that the structural growth in trading volumes
will increase even further going forward. It is therefore important that we
continuously develop the Nordic Exchange in every aspect to accommodate this
change,” says Jukka Ruuska, President of Nordic Marketplaces at OMX.
Share trading
The value of average daily share trading amounted to EUR 5.1 billion, as
compared to EUR 5.3 billion during the past 12-month period. The average number
of trades per business day amounted to 234,070, as compared to 186,505 during
the past 12-month period. The total market cap of listed companies at OMX Nordic
Exchange amounted to EUR 929 billion, compared to EUR 872 billion in November
2006.
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| Most traded companies |
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| | Daily turnover, MEUR |
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| Large Cap | Nov | Oct |
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| Nokia Oyj | 740 | 1 002 |
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| Ericsson Telefonab LM | 236 | 569 |
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| ABB Ltd | 163 | 93 |
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| Mid Cap | | |
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| Securitas Direct AB | 14.6 | 1.9 |
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| PA Resources AB | 7.3 | 6.4 |
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| Østasiatiske Komp. A/S | 6.4 | 6.0 |
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| Small Cap | | |
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| Tricorona AB | 3.41 | 1.86 |
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| Karoline MachineTool AB | 1.81 | 0.21 |
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| Brdr. A&O Johansen A/S | 1.76 | 0.27 |
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| First North | | |
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| Morphic Tech. AB | 2.11 | 1.66 |
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| Most active members in cash trading | |
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| | Market share, | |
| | by turnover, % | |
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| Large Cap | | Nov | Oct |
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| SEB Enskilda AB | | 7.9 | 6.9 |
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| Glitnir | | 6.9 | 5.8 |
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| Morgan Stanley | | 4.6 | 5.3 |
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| Mid Cap | | | |
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| SEB Enskilda AB | | 11.3 | 8.6 |
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| Carnegie | | 6.0 | 4.5 |
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| Sv. Handelsbanken | | 5.8 | 8.0 |
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| Small Cap | | | |
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| Avanza AB | | 11.8 | 6.7 |
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| Nordnet AB | | 7.8 | 7.0 |
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| SEB Enskilda AB | | 7.0 | 9.8 |
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| First North | | | |
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| Avanza AB | | 16.1 | 15.4 |
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Derivatives trading
The average daily trading volume in derivative products amounted to 662,984
contracts, as compared to 651,634 contracts during the past 12-month period. The
average daily trading volume in share products was 308,891 contracts, as
compared to 348,873 contracts during the past 12 month period. The average daily
trading volume in index products were 261,236 contracts, compared to 213,184
contracts during the past 12-month period. Fixed-income derivatives traded
92,857 contracts, compared to 89,577 contracts during the past 12-month period.
Listings and members
There were 9 IPO's on the markets during October, 5 of the IPO's were on the
main market and 4 IPO's on First North.
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| Number of | New, this | New, YTD | Total | |
| | month | | No. of | |
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| Companies | 5 | 362) | 7321) | |
| Main market | | | | |
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| First North | 4 | 50 | 122 | |
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| Bonds | 81 | 875 | 4 789 | |
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| Covered | 338 | 3 238 | 2 058 | |
| warrants | | | | |
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| Members | 04) | 84) | 1603) | |
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| 1)Excluding 14 multiple listings | |
| 2)Excluding 2 multiple listings | |
| 3)Unique members, excluding 182 members | |
| that are members of more than one | |
| exchange | |
| 4)Unique new members | |
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Sectors
Industrials was the most growing sector in November with an increase of 13,4% in
average trading value per day compared to October, followed by Consumer
Discretionary sector with an increase in trading value of 3,4%.
Note that since the introduction of the Directive on Markets in Financial
Instruments, MiFID, on November 1, 2007 the rules for trade reporting of
off‑exchange trades (OTC trades) has changed. Before the introduction of MiFID
all off‑exchange trades had to be reported to the exchange were the specific
share is listed. This has now changed and off‑exchange trading could be reported
elsewhere. Furthermore, trades don't need to be reported until three business
days after they have been carried out. Therefore the statistics in this report
is not directly comparable with earlier reports.
More detailed statistics, including national figures, will be available later
today at
http://omxgroup.com/nordicexchange/newsandstatistics/statisticsanalysis/?languag
eId=1
For more information, please contact
Jonas Rodny, OMX +46 8 405 72 67
About OMX | OMX is a leading expert in the exchange industry. The OMX Nordic
Exchange comprises over 800 companies including its alternative market First
North. OMX provides technology to over 60 exchanges, clearing organizations and
central securities depositories in over 50 countries. The Nordic Exchange is not
a legal entity but describes the common offering from OMX exchanges in Helsinki,
Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. OMX is a Nordic
Large Cap company in the Financials sector on the OMX Nordic Exchange. For more
information, please visit www.omxgroup.com.
