The trading volume in January at the Spanish Stock Market came in at €56.3 billion, up 15% from the previous month, representing the fifth consecutive month with an increase in volumes (from August 2016). In relation to the same month a year earlier, (2016´s second best month in terms of trading volumes) volumes went down 24%, in line with the downward trend in activity reported by all international stock markets.
The number of equity trades on the Spanish Stock Market markets in January reached 3.9 million, down 2% from the preceding month and 24% down year-on-year.
As for the ETF segment, the trading volume in the first month of the year totaled €255.4 million, down 34% from the previous month and 66% from January 2016. The trading volume on the Warrants and Certificates market to the end of January totaled €45.5 million, down 11% in comparison to December. The number of trades has been of 9,514, down 18% from the previous month.
Futures and Options
The trading volume in the Derivatives market in January reached 3 million contracts, down 8.8% from the same month a year earlier.
It is worth mentioning the heavy trading in Stock Options in November, with 1,7 billion contracts traded, up 30% from the same month a year earlier.
Trading in Index Futures in November trended downward, with 497,133 IBEX 35 Futures and 177,454 Mini IBEX 35 Futures traded, down 3.9% and 12.9% respectively, year-on-year. This decrease in volumes is lesser than falls experienced by the rest of European indices.
In terms of open interest the start of the year has been very positive for MEFF products. The open interest of IBEX35 Futures has reached 99,669 contracts, up 10.7% in relation to the end of the year. Open interest on Stock Options and on Index Options goes up 47% and 11.7%, respectively.
The volume of new admissions in the Spanish Corporate Debt Market reached €28 billion in January, up 32.5% from January 2016 and 62% up from December. Trading volumes on Fixed Income Markets reached €11.23 billion, down 14.1% year-on-year.
New admissions on MARF in January came in at €211 million, five times as much as those posted on January 2016 and up 64% from the previous month. Outstanding balance to the end of January of the Alternative Market reached €1,6 billion, with an increase of 66% to the same period last year.
Public Debt trading volume on SENAF, BME’s wholesale electronic trading platform, came in at €15.3 billion in January, 60.2% higher than in the same period a year earlier and 7.3% up from December 2016.