Nordnet Reports May Statistics: Increased Trading Activity and Customer Growth
Nordnet's customers executed a higher volume of trades in May, with new customer acquisition remaining strong. The total customer base is approaching 2.5 million.
Nordic digital savings and investment platform Nordnet released its May statistics, showing a notable increase in both trading activity and customer numbers. In May, customers executed a total of 5.98 million trades in listed financial instruments, averaging 317,900 trades per day. This represents a significant rise compared to both the previous month and the same period last year.
The company acquired 24,700 new customers in May, maintaining an annual customer growth rate of 12.1 percent. By the end of May, Nordnet served a total of 2.47 million customers. Net savings for the month amounted to SEK 7.3 billion, bringing the total net savings for the year so far to SEK 43.4 billion. The total savings capital managed by the platform grew to SEK 1,346 billion.
Total lending stood at SEK 30.3 billion at the end of May, comprising margin lending and mortgages. Trading activity was highest in Sweden, but Norway, Denmark, and Finland also saw increases in the number of trades compared to the previous year. Fund and equity trading were prominent, with an increase in the share of cross-border transactions.
Nordnet's figures reflect a sustained interest in savings and investments across the Nordic region. The expanding customer base and positive net savings trend underscore the company's position as a key provider of digital financial services in the area. Nordnet continues to focus on innovation and transparency to challenge traditional market structures.