The Spanish Exchange traded €41.40 bn in January
- Growth of 6,8% in trading volume in what is the best month since October
- Trading in IBEX 35 Futures increased 4.8%
- Fixed Income markets trading soared 240,8%
The Spanish Exchange traded 41.40 billion euros in Equities in January, 6.8% more than in the previous month and the best month since October, although it was 18.6% lower than in January 2018. The number of trades stood at 3.6 million, up 15% from the previous month.
The trading volume in the ETF segment in January reached 203 million euros, 11.6% more than in the previous month and down 43.1% from the same month a year earlier. The number of issues of warrants and certificates admitted to trading reached 1,038, up 209% from the same month the previous year.
The Financial Derivatives marketstarted 2019 with a notional traded volume of 49.03 billion euros. Trading in IBEX 35 Futures increased 4.8% in January, but was 4.3% lower than in the same month the previous year, while that in Mini IBEX 35 Futures grew by 9.3%, although it was 4.1% lower than in January 2018.The trading volume in Stock Futures increased 328.3% from the same month a year earlier.
The open interest on IBEX 35 Futures and Options grew 17.3% and 12.5% respectively in January while that on Stock Futures and Options picked up 11.9% in January, up 7.6% from the same month in 2018.
As regards Fixed Income, the total volume traded in January was 33.41 million euros, soaring 240.8% from December and 71.5% higher than in January 2018.
These growth rates in trading volumes have taken place in parallel with the improvement seen in debt markets in January, with lower interest rates on Treasury bills and narrower credit spreads in corporate bonds throughout the entire rating scale.
Trading by type of asset:
|
Jan19 |
%Jan19/Dec18 |
%Jan19/Jan18 |
|
|
Equities (1) |
|||
|
- Shares |
41,407 |
6.8% |
-18.6% |
|
Nº of trades |
3,566 |
15.0% |
-15.8% |
|
- Warrants |
35 |
-15.0% |
0.2% |
|
Nº of trades |
6,3 |
-10.8% |
-19.0% |
|
- ETFs |
203 |
11.6% |
-43.1% |
|
Nº of trades |
5.6 |
-16.0% |
-40.8% |
|
Financial Derivatives (2) |
|||
|
- Futures: IBEX 35 |
499 |
4.8% |
-4.3% |
|
Mini IBEX |
118 |
9.3% |
-4.1% |
|
Shares |
1,729 |
-23.0% |
328.3% |
|
- Options: IBEX35 |
181 |
72.1% |
-56% |
|
Shares |
1,306 |
-54.7% |
-23.1% |
|
Fixed Income (1) |
|||
|
Traded Volume (3) |
33,417 |
240.8% |
71.5% |
|
New Issues |
62,467 |
145.9% |
33.3% |
|
Outstanding Balance |
1,541,507 |
1.8% |
1.6% |
(1) By asset type in million euros; number of trades in thousands
(2) Thousands of contracts
(3) Since implementation of MiFID II only trading on electronic platforms included
(4) In million euros
Historical statistics can be consulted through this link:
https://www.bolsasymercados.es/ing/Studies-Research/Statistics
