OMX says had record trade volume in August
Exchange owner OMX said on Monday that daily trading on its exchanges reached a new high in August, eclipsing a record set in February of this year.
OMX, the target of rival bids by Borse Dubai and Nasdaq, said its exchanges throughout the Nordic and Baltic region averaged daily volume of 214,167 trades, beating the February record of 194,472.
The record for trades in a single day also occurred on Aug. 9 as 371,219 trades were registered. That was the day that Borse Dubai said it was acquiring a stake in OMX, though OMX did not feature among the top three large-capitalisation stocks that were traded during the month.
The Aug. 9 record beat a record of 341,762 trades set during February.
Borse Dubai is the holding company for Dubai Financial Market (DFM) and Dubai International Financial Exchange (DIFX). It announced an all-cash bid of 230 crowns per share on Aug. 17, after it said it had begun acquiring OMX shares on Aug. 9.
That topped an agreed cash-and-shares bid from Nasdaq, currently valued at 207 crowns per share or $3.6 billion.
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