The Spanish stock market trades 28.7 bn euros in April
- The number of equity trades in April 2021 up 6.6% on the same month last year
- Trading in IBEX 35 Futures contracts increased by 30% compared to the same month last year.
- Fixed Income trading volume in April reached 20.9 billion euros.
The Spanish stock market traded 28.7 billion euros in Equities in April, down 6.2% year-on-year and down 18.3% from March. The number of trades in April was 3.68 million, a 6.6% increase year-on-year and down 24.9% from the preceding month.
BME's market share in Spanish equities stood at 71.96%. The average spread in April was 5.44 basis points at the first price level (14.2% better than the next trading venue) and 8.00 basis points with order book depth of 25,000 euros (32.5% better), according to an independent report by LiquidMetrix, available here: www.bmerv.es/ing/Miembros/MIFID_II.aspx. All figures include both transparent order book (LIT) trading – including auctions – and non-transparent (dark) off-book trading.
The volume traded in March on the Fixed Income markets amounted to 20.9 billion euros, 12.5% less than in March and 34.1% lower than in the same period of 2020. New issues, including Public Debt and Private Fixed Income, reached 34.9 billion euros, which implies a decrease of 13.5% compared to March and a decrease of 37.9 % compared to the same month the previous year.
The outstanding balance stood at 1.69 trillion euros, posting a decrease of 0.6% in April and a 2.6% increase so far this year.
In the Financial Derivatives market, the trading volume in April in IBEX 35 Futures increased by 30% and in Stock Options by 94.5% year-on-year. The open interest in IBEX 35 Futures increased by 13.9% and it also grew in Equity Derivatives compared to the same month the previous year: 26.8% in Futures and 2.5% in Options.
Trading by business areas and assets
|
April 2021 |
%Change March2021 |
%Change April2020 |
Year to Date % |
|
|
Equities(1) |
||||
|
28,724.0 |
-18.3% |
-6.2% |
-23.6% |
|
Number of trades |
3,676.4 |
-24.9% |
6.6% |
-7.6% |
|
21.3 |
-32.6% |
1.9% |
-10.5% |
|
Number of trades |
4.6 |
-36.3% |
-24.1% |
-22.0% |
|
114.9 |
-24.3% |
-43.8% |
-49.7% |
|
Number of trades |
7.2 |
-45.6% |
-53.9% |
-45.5% |
|
Fixed Income(1) |
||||
|
20,872.9 |
-12.5% |
-34.1% |
-18.0% |
|
34,921.7 |
-13.5% |
-37.9% |
-0.6% |
|
1,693,943.9 |
-0.6% |
5.6% |
2.6% |
|
Financial derivatives(3) |
||||
|
417 |
-8.9% |
30.0% |
-26.9% |
|
Mini IBEX 35 |
74 |
-29.3% |
-3.6% |
-50.7% |
|
Shares |
21 |
-99.3% |
-98.0% |
-29.6 % |
|
66 |
-65.8% |
-35.7% |
-32.0% |
|
Shares |
807 |
-36.6% |
94.5% |
-30.9% |
(1) Effective trading volume by asset type in million euros; number of trades in thousands
(2) The trading volume includes only trading on electronic platforms
(3) Thousands of contracts
