Nordic Equities
Nasdaq Nordic offers one common gateway to trading of all Nordic cash equities.
Nasdaq Nordic operates the exchanges in Sweden, Denmark, Finland and Iceland.
We offer a well-regulated and transparent marketplace where both listed companies and trading activity is under constant surveillance.
The Nordic Equities Market is run on the world leading, high-capacity trading system, INET.
Electronic Trading Services
Lit Trading
One common gateway for trading Swedish, Finnish, Danish, Icelandic and Norwegian equities.
- Best Liquidity for Nordic Shares
- Best EBBO for Nordic Shares
- Largest Order Depth at Best Bid
Nordic Auctions
Auctions at opening and closing offer robust pricing and volume discovery.
- Transparent and robust auctions
- Efficient Trading of Larger Blocks
- Trade at the Closing Price
Trading@ClosingPrice
Continue to match orders after the Lit Order book Closing Auction, in a safe, regulated, on-exchange environment.
- Trading state
- Volumes at Closing Price
- Liquidity Opportunity
Large in Scale
Execute large, non-displayed block orders within the central lit order book.
- Excellent Liquidity
- Minimized Market Impact
- The Stub Remains Hidden
Auction on Demand
Periodic auctions as an alternative to OTC and dark pool trading.
- Periodic Auctions on Demand
- Minimized Market Impact
- Multiple Safety Features
Nordic@Mid Darkpool
Mid-point matching for reduced market impact costs - as well as a price advantage.
- Reduced market impact cost
- Price improvement
- Efficient order execution
Supplementary Trading Services
Nordic Workstation
Cost-efficient software for trading & trade management.
- Pay as You Go
- Includes All Necessary & Expected Functionality
- Web-based – No Local IT Infrastructure
Smart order routing for European Best Bid & Offer
Plug-n-Play Best Execution solution.
- Routing to the market with best EBBO
- Low latency for accurate routing
- Easy access through existing connectivity
Execution Algorithms
Efficient pay-as-you-go trading algorithms.
- Efficient execution and minimized market impact
- Cost Efficient
- Broker Neutral
Pre-trade Risk Management for INET Nordic
Complete MIFID II proof pre-trade risk protection with order level control of trading.
- Low Latency
- Facilitates Sponsored Access
- Quick & Easy Implementation
Trade reporting of manual cash equity trades
Any trades that occur outside Nasdaq Nordic Central Limit Order book, must be reported to the relevant order book.
- One-Party Report
- Two-Party Pre-Locked Report
- Break Locked-in Trade or Cancel Trade
Market Making and Membership
Market Making (INET)
Nasdaq Nordic offers a Market Making Agreement for members and participants acting as Market Maker per MiFID II.
Cash Equity Membership
Step-by-step description on how to obtain a membership on Nasdaq Nordic Cash Equity Markets.
Post-Trade Arrangements
Post-Trade Arrangements
Trades are cleared and settled either through a Central Counterparty (CCP), or they are settled on a gross basis.
