-- Nasdaq market leaders within single stock options, growing position within
index futures
-- New product initiatives will support further growth
Oslo, Norway, May 19, 2020 - Nasdaq (Nasdaq: NDAQ) today announced new
statistics for trading in Norwegian Equity Derivatives, showing a 53 percent
market share for single stock options. To further strengthen the client value
for equity derivative trading, Nasdaq plans to additional product initiatives
in the near future.
Following the May roll, Nasdaq's Norwegian market share in Single Stock Options
was 53 percent, an increase of 30 percentage points versus January. For index
futures, the market share was 20 percent, an increase of 4 percentage points
since January.
"Supported by our strong presence, long experience and superior integration
into the Nordic financial ecosystem, our market for Norwegian equity
derivatives continues to gain traction among new and existing clients", said
Alessandro Romani, Head of European Derivatives at Nasdaq. "Through maintained
product selection and innovation with a client-centric perspective, we look
forward to further expand our footprint in Norway in the future".
To further support and incentivize members choosing Nasdaq for their trading in
Norwegian equity and index derivatives, Nasdaq will in the near future Nasdaq
launch a number of new products, including a new suite of listed dividend
neutral stock futures covering single stocks in Norway, Sweden, Denmark and
Finland.
For investors looking to learn more about derivatives trading, Nasdaq recently
announced a partnership with OptionsPlay to bring intuitive options education
with actionable trading ideas. The platform is adapted to a Nordic context and
available free of charge to all private investors.
Open interest, Norwegian Derivatives
Open interest May 15, 2020, Market share, January 31, Market share,
contracts May 15 2020 January 31
--------------------------------------------------------------------------------
Single Stock 244 592 53 % 215 740 23 %
Options
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Index Futures 13 269 20 % 52 820 16 %
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Turnover and market share, Norwegian Derivatives
Turnover May 1-15 2020, Market share, January Market share,
contracts May 1-15 2020 January 2020
--------------------------------------------------------------------------------
Single Stock 75 612 42% 102 500 47%
Options
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Index Futures 39 283 21% 144 846 18%
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Nasdaq Media Contact
David Augustsson
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