February turnover exceeds 4.9 billion SEK (562 million Euro) at NGM
January was a very strong month for Nordic Growth Market NGM and February follows that trend. The total turnover for February 2014 exceeded all of 4.9 billion SEK (562 million Euro) which, on the Swedish market, represents an increase of 30 percent compared to February last year.
NGM listed equities reached a total turnover of more than 130 million SEK out of which NGM Equity accounted for 41 million SEK and Nordic MTF accounted for 89 million SEK. In comparison to February, 2013, the turnover at Nordic MTF increased by 158 percent. So far this year NGM listed equities has increased its total turnover by 108 percent compared to the same period last year.
NDX Sweden reported a total trade turnover of more than 4.5 billion in February, an increase of over 49 percent compared February, 2013. NDX Norway and NDX Finland in turn reported turnovers of 27 million NOK, and 44 million Euros respectively.
Notes: For table, see attached file. Exchange rate for February 28, 2013 EUR/SEK: 8.8448, EUR/NOK: 8.2865
|Monthly statistics February 2014|
For further information, please contact:
Tommy Fransson, Deputy CEO, NGM
Tel: +46(0)8 566 390 10
About Nordic Growth Market NGM AB
Since 2003, Nordic Growth Market (NGM) is an Exchange authorized by the Swedish Financial Supervisory Authority and is today a wholly-owned subsidiary of Börse Stuttgart Holding GmbH, also the owner of Börse Stuttgart, the leading retail exchange in Germany. NGM’s ambition is to be the leading exchange for retail investors in the Nordic region and to be the most attractive alternative for growth companies. NGM operates the Nordic Derivatives Exchange (NDX), a market for listing and trading of structured products, bonds and ETFs. Besides NDX, NGM also operates NG News, one of Sweden´s largest distributors of financial information. For more information about NGM, please visit www.ngm.se