In 2021, Nasdaq achieved the highest variety of new equity listings amongst all European markets, welcoming a report 219 listings, with 174 preliminary public choices (IPOs), elevating EUR 13.4 billion. In addition to its sturdy listings momentum, Nasdaq has seen buying and selling volumes in most of its European markets enhance, with share buying and selling up 7.1% throughout all markets final 12 months. The European market additionally added 6 new particular goal acquisition corporations (SPACs).
Nasdaq’s European markets be part of the U.S. in record-breaking efficiency. In 2021, the U.S. welcomed over 700 IPOs, together with the largest IPO by proceeds raised, the largest world ex-U.S. mixture in historical past and the largest direct itemizing in Nasdaq historical past. Nasdaq’s success is because of its continued dedication to innovation, based on Adam Kostyál, Head of European Listings at Nasdaq.
“We have been able to provide companies with an international investor base while continuously innovating ourselves,” Kostyál mentioned.
In giant cap listings, Volvo Cars stole the present this 12 months with its promise of changing into totally electrical by 2030, elevating EUR 2.1 billion. It was adopted by Storskogen Group AB with EUR 1.3 billion and Vimian Group AB with EUR 720 million.
Market by market, Nasdaq Stockholm noticed its finest 12 months on report with 150 listings. Nasdaq Helsinki broke its previous report from 1999 with a complete of 31 listings in 2021 whereas Nasdaq Copenhagen carried out 24 IPOs in 2021—its finest IPO 12 months since 2007.
Adding to the sturdy listings momentum, In the spring of 2021, Nasdaq launched its first SPAC on the European markets, ACQ Bure (EUR 0.34 billion) and welcomed a complete of 6 SPACs by the finish of the 12 months.
Sweden at present has the highest variety of listed corporations in Europe. What makes the Nordic area stand out is its means to draw small and medium enterprises (SMEs) to go public. Many of those corporations begin out with the assets supplied by Nasdaq’s First Growth Market, the main development market in the area. As a specialised market for smaller companies in want of capital, it supplies a confirmed development platform that helps corporations garner funds to carry out higher on the Main Market. Available to Nordic and worldwide entrepreneurs, greater than 95% of Nasdaq First North Group Market listed corporations graduate to the Main Market.
Nasdaq additionally noticed buying and selling volumes hit all-time highs. Equity buying and selling in lit order books elevated 7.1% in 2021, whereas Nasdaq maintained a market share of 77% of buying and selling in its personal shares. These will increase had been pushed partially by the excessive influx of personal traders, but in addition from Nasdaq’s added focus to teach new traders on the monetary markets by launching an academic initiative throughout all its Nordic and Baltic markets in 2021.
2021 additionally furthered Nasdaq’s dedication to its Environmental and Social Governance (ESG) initiatives. In June, Nasdaq acquired a majority stake in Puro.earth, a worldwide market for carbon removing that enables corporations to offset their emissions by investing in carbon net-negative applied sciences that take away extra CO2 from the environment than they create. In 2021, Puro.earth´s buying and selling volumes for CO2 Removal Certificates (CORCs) elevated 361% in comparison with 2020.
To meet the growing calls for from traders on sustainable funding merchandise, Nasdaq additionally launched a number of services and products supporting sustainable portfolios, together with choices on the OMXS30 ESG index, along with the current futures merchandise out there since 2019.
Bjorn Sibbern, President of European Markets, who represented Nasdaq at COP26 on a panel devoted to mobilizing finance to combat local weather change, famous, “Nasdaq´s ability to leverage our technology, marketplace excellence and strong commitment to sustainability creates an offering for both companies and investors that is unparalleled in Europe right now.”