Nordnet Customers Execute Over 5 Million Trades in September
Nordnet reported over 5.17 million trades in September, with customer numbers and savings capital showing year-over-year growth. Trading volume decreased monthly but saw a slight increase compared to the previous year.
Stockholm – Nordnet customers executed 5,175,100 trades in listed financial instruments during September, averaging 235,200 trades per day. While the total number of trades decreased by 2.8% compared to August, it was down only 4.9% year-over-year.
The digital savings and investment platform added 21,900 new customers in September, contributing to an annual customer growth rate of 12.0%. By the end of September, Nordnet served a total of 2,565,900 customers.
Savings capital reached SEK 1,460 billion by the end of September, marking a 27.7% increase compared to the previous year. Net savings for September were SEK 7.2 billion, a 17.8% decrease from August, but a 22.4% increase compared to September of the prior year.
Total lending at Nordnet amounted to SEK 33.0 billion at the end of September, up 15.4% from the previous year. The company continues to focus on its digital platform and transparency for private savers.