In February:
- The average daily turnover was EUR 185.8 (162.5) million, an increase of 14.3 percent. The total turnover was EUR 3,716.3 (3,412.9) million, an increase of 8.9 percent.
- The average number of trades per day was 22,120 (23,034), a decrease of 4.0 percent. The total number of trades was 442,394 (483,720), a decrease of 8.5 percent.
- The trading participant with the highest turnover was Handelsbanken with a turnover of EUR 1,034.7 (777.0) million.
- The most traded instrument was H&M B, with a turnover of EUR 293.0 (245.7) million, an increase of 19.3 percent.
Olof Neiglick, CEO of Burgundy comments about January:
“February has been another strong month for Burgundy and in terms of average turnover, the best month so far – an average daily turnover of EUR 185.8 million (previous record was in January 2011; EUR 162.5 million).
The total market turnover for all marketplaces trading Swedish equities increased by 9.6 percent in February, compared with January, while Burgundy’s trading in Swedish equities increased by 4.3 percent. The total market turnover for all marketplaces trading Nordic equities increased by 6.5 percent in February, compared with January, while Burgundy’s trading in Nordic equities increased by 4.1 percent.*
February proved that Burgundy has established itself at a new level in terms of number of trades and turnover as well as number of active trading participants. As a consequence, we now see further strong interest from prospects that are interested in connecting to Burgundy. The dramatic change in trading will continue and I am convinced that we will soon reach the next level in fragmented trading.”
NB: Numbers in parentheses are figures from the previous month unless otherwise is stated.
* Source: Thomson Reuters.