The Spanish stock market trades 32.3 billion euros in September
- The trading volume in equities is up 49.3% from August and 2.7% higher year-on-year
- Fixed Income trading was up 26% year-on-year
- Trading in IBEX 35 ® Futures contracts increased 32% from the previous month and 7.6% year-on-year
The Spanish stock market traded 32.3 billion euros in Equities in September, 49.3% more than in August and up 2.7% year-on-year. The number of trades in September was 3.8 million, up 38.3% from the preceding month and down 16.8% year-on-year.
BME's market share in Spanish equities stood at 70.33%. The average spread in September was 5.57 basis points at the first price level (10.6% better than the next trading venue) and 8.54 basis points with order book depth of 25,000 euros (24.0% better), according to an independent report by LiquidMetrix, available here: https://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 September on the Fixed Income markets reached 24.9 billion euros, 65.2% more than in August and up 26% year-on-year. New issues, including Public Debt and Private Fixed Income issues, amounted to 31 billion euros, up 40.6% compared to the same month last year.
The outstanding balance stood at 1.7 trillion euros, up 0.9% in September and up 4.8% so far this year.
In the Financial Derivatives market, trading in IBEX 35® Futures was up 32% from the previous month and up 7.6% year-on-year. As for Equity Derivatives, trading in Futures contracts increased by 376.1% and in Options by 21.1%, compared to September of the previous year. Trading in Futures and Options on the Mini Ibex 35® increased by 40.1% and 196.8% respectively, compared to the previous month.
The open interest in Equity Futures was up 38.1% year-on-year.
Trading by business areas and assets
|
September 2021 |
%Change August 2021 |
%Change September 2020 |
Year to Date % |
|
|
Equities(1) |
||||
|
- Equities |
32,305.7 |
49.3% |
2.7% |
-16.4% |
|
Number of trades |
3,754.67 |
38.3% |
-16.8% |
-16.9% |
|
- Warrants |
26.7 |
62.3% |
12.6% |
-11.1% |
|
Number of trades |
6.3 |
41.3% |
-10.9% |
-26.9% |
|
- ETFs |
157.6 |
69.1% |
0.5% |
-40.0% |
|
Number of trades |
8.6 |
76.1% |
-10.2% |
-41.2% |
|
Fixed Income(1) |
||||
|
- Traded Volume(2) |
24,941.1 |
65.2% |
26.0% |
-13.1% |
|
- New Issues |
31,074.0 |
124.4% |
40.6% |
-6.3% |
|
- Outstanding Balance |
1,731,015.4 |
0.9% |
3.0% |
4.8% |
|
Financial derivatives(3) |
||||
|
- Futures: IBEX 35 |
518.8 |
32.0% |
7.6% |
-14.0% |
|
Mini IBEX 35 |
78.3 |
40.1% |
-28.8% |
-43.3% |
|
Shares |
3,390.5 |
25,262.7% |
376.1% |
24.0% |
|
- Options: IBEX 35 |
140.4 |
196.8% |
-51.6% |
-36.5% |
|
Shares |
1,485.0 |
122.8% |
21.1% |
-29.0% |
(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
