The Spanish Exchange traded 40.64 bn euros in December
- It is 4.8% higher than in December 2018 while the figure for 2019, of 469.62 bn euros, is 18.1% lower year-on-year
- The trading volume in Fixed Income in 2019 grew 66.4% year-on-year
- Trading in Financial Derivatives grows 3.3% in 2019
The Spanish Stock Exchange traded 40.64 billion euros in Equities in December, in line with the preceding month and up 4.8% from the same period in 2018. The trading volume for the entire year 2019 totalled 469.62 billion euros, down 18.1% year-on-year.
The number of trades in the entire year 2019 totalled 37.2 million, 15.9% lower year-on-year while in December there were 2.8 million trades, down 10.0% on the same period a year earlier and down 11.4% on the preceding month.
BME's market share in Spanish equities for the entire year 2019 stood at 72.2%. The average spread for the same period was 4.91 basis points at the first price level (12.9% better than the next trading venue) and 6.88 basis points with order book depth of €25,000 (34.3% better), according to an independent report by LiquidMetrix, available here: www.bmerv.es/ing/Miembros/MIFID_II.aspx. In all trading venues this data includes both transparent order book (LIT) trading – including auctions – and non-transparent (dark) off-book trading.
At year-end 2019 the IBEX35® index posted its best yearly performance since 2013, up 11.8%.
BME’s Fixed Income markets closed the year with growth in terms of trading volume, new issues and outstanding balance. The value of trading amounted to 14.61 billion euros in December, a 49.1% increase on the same period a year earlier. The trading volume for the entire year 2019 totalled 333.95 billion euros, a year-on-year increase of 66.4%.
New issues admitted to trading in December 2019 amounted to 28.32 billion euros, up 11.5% on the same period a year earlier, while they totaled 326.57 billion for the entire year 2019, up 4.7% from a year earlier. The outstanding balance increased by 2.1% to €1.6 trillion euros.
The trading volume in Financial Derivatives for the year 2019 increased by 3.3% year on year. Yearly highlights include a 42.9% increase in Stock Futures, a 60.9% increase in Futures on Stock Dividends and growth of 104.8% in IBEX 35 Impacto Dividendo Futures. Trading in IBEX 35 Futures in December increased 5.1% from the same period a year earlier while the value of trading in Stock Futures grew 23.3%.
Trading by business areas and assets
|
December 2019 |
Year 2019 |
Change December 2018 |
Change in 2019 |
|
|
Equities(1) |
||||
|
- Equities |
40,646.0 |
469,625.7 |
4.8% |
-18.1% |
|
Number of trades |
2,791.7 |
37,186.6 |
-10.0% |
-15.9% |
|
- Warrants |
22.0 |
292.3 |
-46.8% |
-35.9% |
|
Number of trades |
6.0 |
72.5 |
-14.8% |
-18.0% |
|
- ETFs |
181.6 |
1,720.4 |
0.1% |
-43.1% |
|
Number of trades |
5.5 |
61.3 |
-17.2% |
-29.4% |
|
Fixed Income |
||||
|
Traded Volume(2) |
14,617.9 |
333,957.7 |
49.1% |
66.4% |
|
New Issues |
28,326.7 |
326,575.4 |
11.5% |
4.7% |
|
Outstanding Balance |
1,554,749.4 |
- |
2.1% |
- |
|
Financial derivatives(3) |
||||
|
- Futures: IBEX 35 |
500.8 |
5,965.9 |
5.1% |
-5.9% |
|
Mini IBEX 35 |
96.3 |
1,454.9 |
-10.7% |
-2.4% |
|
Shares |
2,770.4 |
15,298.0 |
23.3% |
42.9% |
|
- Options: IBEX 35 |
498.0 |
3,806.4 |
-23.3% |
-9.0% |
|
Shares |
2,882.0 |
17,492.1 |
-0.1% |
-13.6% |
(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
