The Spanish stock market trades 378.1 billion euros in 2021
MONTHLY TRADING STATEMENTS FOR BME’S MARKETS
- The number of trades in the year 2021 amounted to 45.1 million
- New issues in the Fixed Income markets reach 393.4 billion euros
- Trading in IBEX 35 Futures in December was up 13.7%
The Spanish stock exchange traded 378.1 billion euros in Equities during 2021, down 11.9% year-on-year. The effective volume traded in December was 27.8 billion euros, 23.5% less than in the same month the previous year and 29.6% less than in November. The cumulative number of trades to the end of December 2021 totalled 45.1 million, down 19% from the previous year, after recording 3.2 million in the last month of the year, down 28.5% from December 2020 and down 21.5% from the previous month.
BME's market share in Spanish equities in 2021 stood at 71.56%. The average spread in November was 5.82 basis points at the first price level (14.7% better than the next trading venue) and 8.55 basis points with order book depth of 25,000 euros (33.9% 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 on the Fixed Income markets reached 234 billion euros in 2021, including the 7.9 billion euros posted in December, a cumulative annual decline of 16.2%. New issues, including Public Debt and Private Fixed Income, amounted to 393.4 billion euros, a decrease of 2.6% compared to the amount posted in 2020. In December, the volume admitted to trading was 19.7 billion euros. At year-end, the outstanding balance stood at 1.72 trillion euros, down 0.6% from the previous month, but up 4.1% year-on-year.
In the Financial Derivatives, trading in IBEX 35 Futures contracts increased by 13.7% in December compared to the same month of the previous year. There was also a 3.4% increase in Equity Futures trading in 2021. The open interest in Equity Futures contracts at the end of the year increased 33% and by 4.6% in Mini IBEX Options contracts.
Trading by business areas and assets
|
Jan-Dec 2021 |
December 2021 |
%Change November 2021 |
%Change December 2020 |
%Change Year 2021 |
|
|
Equities(1) |
|||||
|
- Equities |
378,120.9 |
27,766.9 |
-29.6% |
-23.5% |
-11.9% |
|
Number of trades |
45,069.5 |
3,167.7 |
-21.5% |
-28.5% |
-19.0% |
|
- Warrants |
290.9 |
23.1 |
-13.0% |
2.2% |
-9.5% |
|
Number of trades |
68.0 |
5.6 |
-10.9% |
-5.0% |
-21.7% |
|
- ETFs |
1,556.0 |
103.4 |
-34.9% |
-46.7% |
-39.0% |
|
Number of trades |
91.9 |
6.3 |
-20.9% |
-30.9% |
-40.6% |
|
Fixed Income(1) |
|||||
|
- Traded Volume(2) |
234,019.8 |
7,908.3 |
-54.0% |
-40.0% |
-16.2% |
|
- New Issues |
393,415.6 |
19,711.3 |
-26.7% |
-25.4% |
-2.6% |
|
- Outstanding Balance |
- |
1,719,273.4 |
-0.6% |
4.1% |
- |
|
Financial derivatives(3) |
|||||
|
- Futures: IBEX 35 |
5,260.6 |
439.6 |
-10.7% |
13.7% |
-10.9% |
|
Mini IBEX 35 |
926.6 |
71.4 |
-13.5% |
-8.9% |
-40.0% |
|
Shares |
11,346.0 |
1,244.8 |
1,325.7% |
-54.1% |
3.4% |
|
- Options: IBEX 35 |
1,489.2 |
243.3 |
142.8% |
-22.2% |
-38.9% |
|
Shares |
14,065.8 |
2,197.5 |
96.9% |
-31.7% |
-27.5% |
(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
