The Spanish stock market trades 25.9 billion euros in July

2 August, 2021
  • The number of trades in July increased 5.4% compared to the previous month
  • News issues in the Fixed Income markets amounted to 43.7 billion euros, up 10.9% compared to June
  • Trading in July in IBEX 35 and Mini IBEX 35 Futures contracts increased by 7.1% and 11.1% respectively compared to the previous month

The Spanish stock market traded 25.9 billion euros in Equities in July, 18.4% lower year on year and 26.2% less than the previous month. The number of trades in July was 3.67 million, down 19.4% year on year and up 5.4% compared to June.

BME's market share in Spanish equities stood at 67.97%. The average spread in June was 6.38 basis points at the first price level (11.1% better than the next trading venue) and 9.40 basis points with order book depth of 25,000 euros (27.9% 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 trading volume in June in the Fixed Income markets reached 16.8 billion euros, 13.7% less than in June. New issues, including Public Debt and Private Fixed Income issues, amounted to 43.7 billion euros, which implies a 10.9% increase compared to the previous month.

The outstanding balance stood at 1.7 trillion euros, down 0.8% in July and up 3.7% so far this year.

In the Financial Derivatives market, trading in IBEX 35 Futures contracts and Mini IBEX 35 Futures contracts increased 7.1% an 11.1% in July compared to the previous month.

The open position in IBEX 35 Futures remained unchanged compared to the same period of the previous year, while it increased by 25.3% in Stock Futures contracts.

Trading by business areas and assets

 

July 2021

%Change

June2021

%Change

July2020

Year to Date %

Equities(1)

       

-       Equities

25,919.9

-26.2%

-18.4%

-20.5%

Number of trades

3,666.25

5.4%

-19.4%

-16.7%

-       Warrants

23.3

-7.3%

-24.8%

-14.1%

Number of trades

4.8

-4.8%

-35.3%

-30.6%

-       ETFs

153.7

46.7%

-13.1%

-45.6%

Number of trades

8.4

37.6%

-15.9%

-45.1%

Fixed Income(1)

       

-       Traded Volume(2)

16,821.4

-13.7%

-20.7%

-19.9%

-       New Issues

43,767.3

10.9%

6.6%

-8.7%

-       Outstanding Balance

1,721,829.1

-0.2%

2.6%

3.7%

Financial derivatives(3)

       

-       Futures:    IBEX 35

466.0

7.1%

3.0%

-18.3%

                   Mini IBEX 35

76.5

11.1%

-27.6%

-45.5%

                   Shares

6.4

-99.5%

-96.0%

-10.7%

-       Options:   IBEX 35

86.7

-37.3%

-16.5%

-34.5%

                   Shares

512.2

-61.9%

-63.1%

-35.4%

(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

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