The Spanish Exchange traded €49.04 bn. in April

3 May, 2019

MONTHLY TRADING STATEMENTS FOR BME MARKETS

  • Up 41.4% from March, it has been the highest figure since last October
  • Fixed Income trading in April reached €27.77 billion, up 101.6% yoy
  • Trading in Financial Derivatives grew 13.5% in the first four months of the year

The Spanish Exchange traded 49.03 billion euros in Equities in April, 41.4% more than in March - despite April having fewer trading sessions. It has been the best month since October last year. The year-on-year decline was 25.4%. The number of trades stood at 2.9 million, down 7% from the previous month and 0.8% less than in April 2018.

The trading volume in the ETF segment in April reached 127.1million euros, down 7.7% from the previous month and down 39.2% from the same month a year earlier. The number of trades in April reached 4,771, down 11.3% from the previous month and 1.2% less than in the same month in 2018.

Fixed Income trading has continued posting high volumes. In April, trading reached 27.77 billion euros, 101.6% more than in the same month the previous year. The trading volume for first four months of the year totalled 128.57 billion euros, up 91.5% from the same period a year earlier. On 15 April SEND, BME’s Fixed Income platform, recorded a daily trading record high, at 6.68 billion euros.

The primary market also continues registering a high level of activity. The volume of issues admitted to trading has increased 15% since the beginning of the year, totalling 142 billion euros in the first four months of the year. The outstanding balance increased by 1.5% compared to the end of December 2018.

Trading in the Financial Derivatives market in the first four months of the year increased by 13.5% compared to the same period in 2018. This increase focused mainly on Stock Futures, where trading increased by 105.6% to the end of April. Trading in Futures on Stock Dividends soared 90% and 106% in IBEX 35 Impacto Dividendo Futures. In April trading in IBEX 35 Options grew by 85.7% from the same period a year earlier.

The open interest on Financial Derivatives as a whole increased by 11% compared to the previous month. The main increase took place in Stock Futures, which increased by 34%. The open interest on IBEX 35 Futures and Options grew by 9%.

Trading by type of asset:

 

April19

%March19

%April18

Year to date

Equities (1)

       

-       Shares

49,039.8

41.4%

-25.4%

-25.9%

Nº of trades

2,919.3

-7.0%

-0.8%

-19.5%

-       Warrants

27.0

-4.2%

-4.9%

-25.4%

Nº of trades

5.6

-14.2%

-3.5%

-20.6%

-       ETFs

127.1

-7.7%

-39.2%

-50.1%

Nº of trades

4.8

-11.3%

-1.2%

-42.6%

Fixed Income

       

Traded Volume (2)

27,777.5

-39.0%

101.6%

91.5%

New Issues

22,121.1

-37.9%

21.6%

15.0%

Outstanding Balance

1,542,870.2

-1,1%

1,1%

1,5%

Financial Derivatives (3)

       

-       Futures: IBEX 35

       451.5  

-10,0%

-1,3%

-11,0%

Mini IBEX

         97.3  

-16,8%

-8,1%

-16,2%

Shares

     2,223.3  

-27,6%

281,3%

105,6%

-       Options: IBEX35

       239.5  

-40,9%

85,7%

-15,0%

Shares

       810.3  

-40,9%

-34,6%

-24,6%

(1) By asset type in million euros; number of trades in thousands

(2) Since implementation of MiFID II only trading on electronic platforms included

(3) Thousands of contracts

Historical statistics can be consulted through this link:

https://www,bolsasymercados,es/ing/Studies-Research/Statistics

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