Nordnet: Monthly statistics October
In October, 4,164,600 trades were made in listed financial instruments among Nordnet’s customers, which corresponds to 198,300 trades per day. The net change in the customer base in October was 11,000 customers. The number of new customers in 2022 is 139,200 gross and 87,500 net. The latter figure includes the customer relationships terminated as a result of the completed project on obtaining complete customer documentation as described in Nordnet’s interim report for the third quarter of 2021. The total number of customers at the end of October was 1,688,500.
Net savings for October was minus SEK 500 million and the total net savings during 2022 is SEK 34.8 billion. The negative net savings in October is mainly due to a restructured cooperation with a partner in the asset management area in the Danish market. A number of the asset manager's end customers have transferred their capital as a result of Nordnet implementing a fee for service and administration. In total, net savings during October was negatively affected by SEK 1.6 billion from this change, which means that net savings would otherwise have been positive and amounted to SEK 1.1 billion. In September, net savings was affected by the changed cooperation with minus SEK 900 million. The outflow of savings capital during September and October as a result of the changed cooperation has a marginal revenue impact on Nordnet.
The savings capital was SEK 710 billion and lending amounted to SEK 26.7 billion at the end of October.
| October | September | Change | October | Change | |
| 2022[1] | 2022 | one month | 2021 | one year | |
| Savings & customers | |||||
| Number of customers | 1,688,500 | 1,677,500 | 0.7% | 1,556,700 | 8.5% |
| Net savings (SEK billion) | -0.5 | -0.7 | 23.7% | 6.0 | n/a |
| Savings capital (SEK billion) | 710 | 681 | 4.4% | 762 | -6.8% |
| Lending (SEK billion) | |||||
| Margin lending[2] | 12.0 | 11.7 | 2.2% | 12.4 | -3.2% |
| Mortgage | 10.6 | 10.6 | -0.2% | 8.5 | 25.4% |
| Personal loans | 4.1 | 4.1 | 0.8% | 4.1 | 0.0% |
| Total lending | 26.7 | 26.4 | 1.0% | 24.9 | 7.1% |
| Number of trades[3] | |||||
| Sweden | 1,734,900 | 1,778,500 | -2.5% | 2,241,600 | -22.6% |
| Norway | 882,700 | 983,200 | -10.2% | 1,160,100 | -23.9% |
| Denmark | 713,700 | 788,100 | -9.4% | 983,700 | -27.4% |
| Finland | 833,300 | 911,400 | -8.6% | 1,083,400 | -23.1% |
| Total | 4,164,600 | 4,461,200 | -6.6% | 5,468,800 | -23.8% |
| Share of cross border trades | 24.3% | 26.0% | -1.7% | 29.3% | -5.0% |
| Average number of trades per day[4] | |||||
| Sweden | 82,600 | 80,800 | 2.2% | 106,700 | -22.6% |
| Norway | 42,000 | 44,700 | -6.0% | 55,200 | -23.9% |
| Denmark | 34,000 | 35,800 | -5.0% | 46,800 | -27.4% |
| Finland | 39,700 | 41,400 | -4.1% | 51,600 | -23.1% |
| Total | 198,300 | 202,700 | -2.2% | 260,300 | -23.8% |
[1] The numbers for October 2022 are preliminary.
[2] Lending excluding pledged cash and cash equivalents.
[3] Nordnet’s total trades on all exchanges and market places for all customers, and share of cross border trades.
[4] Average number of trades per day is calculated as total trades per market divided by the number of days each stock exchange was open.
For further information, please contact:
Johan Tidestad, Chief Communications Officer, johan.tidestad@nordnet.se, +46 708 875 775
Marcus Lindberg, Head of Investor Relations, marcus.lindberg@nordnet.se, +46 764 923 128
Nordnet is a pan-Nordic leading digital platform for savings and investments. Through innovation, simplicity and transparency, we challenge traditional structures, and give private savers access to the same information, tools and services as professionals. Visit us at www.nordnetab.com, www.nordnet.se, www.nordnet.no, www.nordnet.dk or www.nordnet.fi.
