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 |