Nordic Growth Market NGM starts the year off by generating its best turnover since September 2011. The total turnover for January 2014 exceeded all of 5.4 billion SEK (610 million Euro) which, on the Swedish market, represents an increase of 106 percent compared to January last year and an increase of over 50 percent for the total turnover.
January’s turnover for NGM listed equities is the highest since 2008. NGM Equity and Nordic MTF combined reached a total turnover of more than 220 million SEK out of which NGM Equity accounted for 54 million SEK and Nordic MTF accounted for 166 million SEK. In comparison to January, 2013, the turnover at Nordic MTF increased by all of 564 percent. In total the turnover in NGM listed equities increased by 178 percent compared to the previous month.
NDX Sweden reported a total trade turnover of over 4.6 billion in January, an increase of over 100 percent compared the same period last year. NDX Norway and NDX Finland in turn reported turnovers of 23 million NOK, and 53 million Euros respectively.
Bull & Bear Certificates with leverage 15 was the instrument type with the highest number of trades at NDX Sweden. At NDX Norway, Bull & Bear Certificates ranked at the top as well with 70 percent of the turnover while Knockout Warrants had the highest turnover at NDX Finland.
Notes: For table, see attached file. Exchange rate for January 31, 2013 EUR/SEK: 8.8346, EUR/NOK: 8.47