2023-04-05

Nordnet: Monthly statistics March

In March, 5,152,700 trades were made in listed financial instruments among Nordnet’s customers, which corresponds to 224,100 trades per day. The number of new customers in March amounted to 16,400 and the number of new customers in 2023 is 43,300. The total number of customers at the end of March was 1,751,100. Net savings for March was SEK 1.9 billion and the total net savings during 2023 is SEK 7.0 billion. Net savings in March was negatively affected by one individual transfer of securities amounting to roughly SEK 1.7 billion. The withdrawal has no effect on revenue. The savings capital was SEK 761 billion and lending amounted to SEK 27.9 billion at the end of March.

March February Change  March Change 
2023[1] 2023 one month 2022 one year
Savings & customers
Number of customers 1,751,100 1,734,700 0.9% 1,618,900 8.2%
Net savings (SEK billion) 1.9 2.6 -26.9% 5.4 -64.8%
Savings capital (SEK billion) 761 763 -0.4% 773 -1.6%
Deposits (SEK billion) 74 76 -3.4% 81 -8.7%
Lending (SEK billion)
Margin lending[2] 13.0 12.7 2.1% 12.8 1.2%
Mortgage 10.9 10.9 -0.3% 9.6 13.6%
Personal loans 4.0 4.0 -0.3% 4.1 -2.6%
Total lending 27.9 27.6 0.8% 26.5 5.1%
Number of trades[3]
Sweden 2,048,300 1,834,900 11.6% 2,198,700 -6.8%
Norway 1,172,400 1,079,900 8.6% 1,396,800 -16.1%
Denmark 945,100 887,400 6.5% 1,095,300 -13.7%
Finland 986,900 899,900 9.7% 1,406,100 -29.8%
Total 5,152,700 4,702,100 9.6% 6,096,900 -15.5%
Share of cross border trades 24.6% 25.1% -0.5% 25.7% -1.1%
Average number of trades per day[4]
Sweden 89,100 91,700 -2.8% 95,600 -6.8%
Norway 51,000 54,000 -5.6% 60,700 -16.0%
Denmark 41,100 44,400 -7.4% 47,600 -13.7%
Finland 42,900 45,000 -4.7% 61,100 -29.8%
Total 224,100 235,100 -4.7% 265,000 -15.4%

[1] The numbers for March 2023 are preliminary.
[2] Lending excluding pledged cash and cash equivalents.
[3] Nordnet’s total trades on all exchanges and market places for all customers, and share of cross border trades. 
[4] Average number of trades per day is calculated as total trades per market divided by the number of days each stock exchange was open.

Given recent industry events, we are temporarily providing additional detail on deposits (see table below). Deposits amounted to SEK 73.5 billion in March, a decline of SEK 7.6 billion year-to-date. While net savings has remained positive year-to-date, customer deposits have declined due to net buying of stocks, funds and other securities. Net buying amounted to SEK 18.7 billion year-to-date.

MSEK 2023
Deposits (opening balance) 81,100
Net traded value -18,700
o/w brokerage -12,900
o/w funds -5,800
FX (revaluation to SEK of foreign ccy) -600
Net cash inflow 11,700
o/w dividends 5,300
Deposits (closing balance) 73,500

For more information, please contact:

Johan Tidestad, Chief Communications Officer
johan.tidestad@nordnet.se, +46 708 875 775

Marcus Lindberg, Head of Investor Relations
marcus.lindberg@nordnet.se, +46 764 923 128

Nordnet is a pan-Nordic leading digital platform for savings and investments. Through innovation, simplicity and transparency, we challenge traditional structures, and give private savers access to the same information, tools and services as professionals. Visit us at www.nordnetab.com, www.nordnet.se, www.nordnet.no, www.nordnet.dk or www.nordnet.fi.