Gamla stan, Stockholm at dusk
World Markets
etor

Nasdaq and eToro Partner to Make the Nordic Markets Globally Accessible

For the first time, eToro customers will have access to real-time trading from Nasdaq's Nordic exchanges thanks to an expanded partnership the platform announced today with Nasdaq. This makes eToro the first non-Nordic broker to offer complimentary real-time Nasdaq Nordic equities market data to its global retail client base.

Modern markets run on data. This expanded collaboration aims to simplify data access  for eToro's retail investors, enabling them to use Nasdaq’s regional data to make key decisions and incorporate Nordic stocks into their portfolios. This access extends to over 210 additional stocks listed on Nasdaq's exchanges in Stockholm, Helsinki, and Copenhagen.

“Our data will help eToro offer its investors a broader range of investment opportunities,” said Femi Opeodu, head of Europe, Middle East and Africa (EMEA) Data at Nasdaq. “The future of robust markets is being built on the foundation of good data.”

The partnership has benefits for both parties. Nasdaq is reinforcing its position as a leading provider of high-quality market data to retail brokerages globally to enable markets to function efficiently and transparently, while eToro is increasing investment options for its users across 75 countries.

A Major Next Step

The relationship between Nasdaq and eToro stretches back years, and over that time the two entities have looked for opportunities to further their collaboration. Since eToro already licenses U.S. equity data from Nasdaq, the groundwork was already set to do the same in the Nordics.

"We knew Nasdaq excels at providing high-quality, real-time pricing for our retail clients," said Yossi Brandes, Vice President of Execution services at eToro. "We saw an opportunity to extend our collaboration to the Nordic markets as we continue to  localize the experience for our investors in 75 countries around the world."

A look at the data shows growing retail investor interest in the region demonstrating the need for data that is resilient, intelligent and scalable. Retail participation in Nordic main markets increased from 7.7% in 2018 to 10.6% in the first quarter of 2025. On Nasdaq's First North Growth market, which features growth and emerging companies, retail investors now account for 42% of trading activity.

The Nordic exchanges have long delivered impressive results—achieving the highest annualized real returns globally from 1966 to 2024—making them an attractive destination for international investors seeking diversification beyond U.S. equities.

Demand is appearing from multiple directions. Global investors want exposure to the dynamic Nordic stock market, where Nasdaq operates exchanges featuring internationally recognized companies. At the same time, many Nordic residents want an easier means of investing in their home country companies—businesses they know well and often feel personally connected to.

"We’re glad that eToro saw enormous value in the companies listed on our Nordic exchanges," said Opeodu. "They wanted to be part of the ecosystem."

Brandes himself highlights that eToro's clients have a strong interest in a diverse range of investment options. "eToro provides a comprehensive platform where retail investors can seamlessly manage several asset classes, from stocks or ETFs to crypto," he said. "This partnership with Nasdaq Nordic aligns with that vision as it enhances the investment experience for our global community."

Democratizing Access to Nordic markets

As markets become more global, digital, and continuous, the demands on data infrastructure are intensifying. Firms and market participants must now manage not just volume, but velocity, interoperability, and real-time accessibility.

Now, eToro users will have access to real-time trading data for over 210 additional stocks on Nordic exchanges, featuring companies like Finnair or Addtech. This expansion complements the already available offering, including globally recognized brands such as Volvo, H&M, Nokia and Novo Nordisk.

A crucial element of the partnership involves widening access to small and mid-cap companies on Nordic markets, opportunities that previously were mostly confined to institutional traders. "We can now give  retail investors access to the full breadth of the Nordic markets, including both major companies and smaller-cap stocks that usually aren’t as accessible for global investors ," said Brandes.

The expanded partnership is part of eToro's broader strategy to enhance its platform through strategic collaborations. The company has pursued similar agreements with other major exchanges. This network of partnerships enables eToro to provide increasingly comprehensive market access to its 40 million registered users.

Built to Scale

This collaboration is part of a broader effort by both Nasdaq and eToro to make local markets more accessible to global investors.

Both companies see significant potential for continued collaboration and market expansion to drive velocity, connectivity and scale insights.

"As a company driven by innovation, partnering with one of the most innovative exchanges aligns perfectly with our core values," said Brandes. "We're hopeful that we continue to build on our long-standing relationship in the coming years.”

For Nasdaq, the eToro partnership is an important step in its goal of expanding data access for international investors, many of whom are hungry to engage with new markets. Opeodu was enthusiastic about bringing more fintech platforms into Nasdaq’s global ecosystem.

"We want to expand the options for investment beyond local and U.S. markets," he said.

Learn more about the growth in Nasdaq’s Nordic Equities Market. 

 

Disclaimer: 

Nasdaq® is a registered trademark of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.  

Note: This offering is not currently available to eToro users based in the US. 

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. 

eToro is a group of companies that are authorised and regulated in their respective jurisdictions. The regulatory authorities overseeing eToro include: 

● The Financial Conduct Authority (FCA) in the UK 

● The Cyprus Securities and Exchange Commission (CySEC) in Cyprus 

● The Australian Securities and Investments Commission (ASIC) in Australia 

● The Financial Services Authority (FSA) in the Seychelles 

● The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) in the UAE 

● The Monetary Authority of Singapore (MAS) in Singapore 

eToro is authorised and regulated by the Financial Conduct Authority in the UK, in Cyprus by the Cyprus Securities and Exchange Commission, by the Australian Securities and Investments Commission in Australia and licensed by the Financial Services Authority in the Seychelles. 

This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been prepared without taking into account any particular recipient’s investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication. 

Australia: 

eToro AUS Capital Limited AFSL 491139. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.  OTC Derivatives are speculative and leveraged. Not suitable for all investors. See PDS and TMD. When investing in real Stock or ETF via eToro, you are investing in the underlying asset through a managed investment scheme (Etoro Service). 

This communication is general information and education purposes only and should not be taken as financial product advice, a personal recommendation, or an offer of, or solicitation to buy or sell, any financial product. It has been prepared without taking your objectives, financial situation or needs into account. Any references to past performance and future indications are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication. 

Regulation and License numbers 

UK 

eToro (UK) Ltd, is authorised and regulated by the Financial Conduct Authority (“FCA”). Firm Reference Number: 583263. Registered in England under Company No. 07973792 

Europe 

eToro (Europe) Ltd, is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 109/10. Registered in Cyprus under Company No. HE 200585. 

eToro is a multi-asset investment platform. The value of your investments may go up or down.  Your capital is at risk. 

This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been prepared without taking into account any particular recipient’s investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication. 

Middle East 

eToro (ME) Limited, is licensed and regulated by the Abu Dhabi Global Market (“ADGM”)’s Financial Services Regulatory Authority (“FSRA“) as an Authorised Person to conduct the Regulated Activities of (a) Dealing in Investments as Principal (Matched), (b) Arranging Deals in Investments, (c) Providing Custody, (d) Arranging Custody and (e) Managing Assets (under Financial Services Permission Number 220073) under the Financial Services and Market Regulations 2015 (“FSMR”). Registered Office and its principal place of business: Office 26 and 27, 25th floor, Al Sila Tower, ADGM Square, Al Maryah Island, Abu Dhabi, United Arab Emirates. 

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. 

This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. This material has been prepared without taking into account any particular recipient’s investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or a packaged investment product are not, and should not be taken as, a reliable indicator of future results. eToro makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication. 

Australia 

eToro AUS Capital Limited AFSL 491139. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. 

Singapore  

eToro Singapore Pte. Ltd. is licensed under the Capital Markets Services Licence (“CMSL”) (Licence number: CMS101824) with the Monetary Authority of Singapore (“MAS”). 

Nasdaq Newsroom

Your destination for Nasdaq news and features, thought leadership, and the latest company information.

Discover More ->

Latest articles

Info icon

This data feed is not available at this time.

Data is currently not available