2018-12-03

Nordnet reaches one million accounts

In November, 2,310,817 trades were made in stocks, warrants and options among Nordnet’s customers in Sweden, Norway, Denmark and Finland. That corresponds to 107,480 trades on average per day.

–   Three out of four Nordic exchanges had a negative development in November, with Copenhagen as an exception. The activity was high at the beginning of the month, but decreased towards the end, and in total our customers made over 2.3 million trades, said Johan Tidestad, Head of Communications at Nordnet. 

–   During the month, Nordnet has passed a million active accounts, which is something of a milestone. Almost half of the number of accounts is in Sweden, and our second largest market measured in this way is Finland with just over 25 percent, says Johan Tidestad, Head of Communications at Nordnet. 

Table: Nordnet’s total trades on all exchanges and market places for all customers, and average number of trades per day. Average number of trades per day is calculated as total trades divided by the number of days the Swedish exchanges are open.

  October    November  Change    October    Change       
  2018 2017 one year 2018 one month
Number of trades                         
Sweden 1,179,302 1,215,195 -3.0% 1,458,742 -19.2%
Norway 366,894 344,417 6.5% 467,282 -21.5%
Denmark 374,078 398,567 -6.1% 422,517 -11.5%
Finland 390,543 351,074 11.2% 489,512 -20.2%
Total 2,310,817 2,309,253 0.1% 2,838,053 -18.6%
Average per day 107,480 107,407 0.1% 123,394 -12.9%
Traded value (SEK million)*  66,131 66,671 -0.8% 83,961 -21.2%

* Relates to trades in stocks, warrants, ETFs and certificate.

For more information, please contact:
Johan Tidestad, Head of Communications
+46 708 875 775, johan.tidestad@nordnet.se

Nordnet is a digital bank for savings and investments and we operate in Sweden, Norway, Denmark and Finland. With user-friendliness, availability, a broad offering and low prices, we give our customers the opportunity to achieve their savings ambitions. Visit us at www.nordnetab.comwww.nordnet.sewww.nordnet.nowww.nordnet.dk or www.nordnet.fi.