The Spanish stock market trades 34.3 billion euros in February, 25% more than a year ago
MONTHLY TRADING STATEMENTS FOR BME’S MARKETS
- The number of Equity trades is 11.5% higher than in January
- New issues in the Fixed Income market increase 25.5% from February 2021
- Trading in IBEX 35 Futures increased by 25.8% and in Mini IBEX Futures by 23.1% compared to the same month of the previous year.
The Spanish stock exchange traded 34.3 billion euros in Equities in February, up 25% year on year and up 7% from the previous month. The trading volume so far this year is up 13.4%. The number of trades in February was 4.1 million, 2.3% lower year on year and 11.5% higher than in January 2022.
BME's market share in Spanish equities in 2021 stood at 68.89%. %. The average spread in this month was 6.14 basis points at the first price level (11.5% better than the next trading venue) and 8.59 basis points with order book depth of 25,000 euros (36.1% 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 February in the Fixed Income markets reached 9.7 billion euros, 33.7% less than in January. Admissions to trading, including Public Debt and Private Fixed Income issues, amounted to 35.8 billion euros, a decrease of 20.4% compared to January and an increase of 25.5% from the same month the previous year.
The outstanding balance stood at 1.73 trillion euros, up 0.9% for the month and up 3.4% year on year.
The Financial Derivatives market traded a total of 1.6 million contracts in February 2022, representing a nominal 47 billion euros.
Trading in Derivatives contracts on the IBEX 35 index increased across the board compared to the same month the previous year; trading in IBEX 35 Futures increased by 25.8%, in Mini IBEX Futures by 23.1% and in IBEX 35 Options by 8%.
The open interest increased 1.5% in Stock Futures and also in Option contracts, 16% in IBEX 35 Options and 9.4% in Stock Options, all compared to January.
Trading by business areas and assets
|
February 2022 |
%Change Jan22 |
%Change Feb21 |
Year to Date 2022 |
|
|
Equities(1) |
||||
|
- Equities |
34,314.5 |
7.0% |
25.0% |
13.4% |
|
Number of trades |
4,111.2 |
11.5% |
-2.3% |
-9.2% |
|
- Warrants |
36.4 |
32.0% |
59.4% |
47.4% |
|
Number of trades |
8.6 |
28.0% |
42.2% |
29.6% |
|
- ETFs |
174.7 |
83.4% |
53.2% |
8.5% |
|
Number of trades |
9.9 |
54.7% |
33.7% |
6.9% |
|
Fixed Income(1) |
||||
|
- Traded Volume(2) |
9,704.0 |
-33.7% |
-65.3% |
-48.1% |
|
- New Issues |
35,809.1 |
-20.4% |
25.5% |
-8.5% |
|
- Outstanding Balance |
1,738,549.1 |
0.9% |
3.4% |
1.1% |
|
Financial derivatives(3) |
||||
|
- Futures: IBEX 35 |
513.6 |
14.3% |
25.8% |
17.9% |
|
Mini IBEX 35 |
101.2 |
32.5% |
23.1% |
8.0% |
|
Shares |
41.9 |
86.4% |
-61.4% |
-46.8% |
|
- Options: IBEX 35 |
158.4 |
28.5% |
8.0% |
-3.3% |
|
Shares |
822.1 |
-4.8% |
-35.0% |
-38.2% |
(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
