The Spanish Exchange traded €32.48 bn. in September
1 October, 2019
Monthly trading statements for BME markets
- It is 7.1% lower than in the same month the previous year and 15.9% higher than in August
- BME's market share in Spanish equity trading stands at 70.50%
- Fixed Income trading volume increased 29.13% on September 2018
- Trading on the Derivatives market up 4% in the first nine months of the year
The Spanish Stock Exchange traded €32.48 billion in Equities in September, 7.1% lower than in the same month the previous year and 15.9% higher than in August. The number of trades reported in September was 3.07 million, an increase of 3.2% compared to September 2018 but down 1.1% from the previous month.
BME's market share in Spanish equities as of 30 September stood at 70.50%. The average spread in September was 4.87 basis points at the first price level and 7.03 basis points with order book depth of €25,000 (10.8% and 30.9% better than the next trading venue), according to an independent report by LiquidMetrix, available here: www.bmerv.es/ing/Miembros/MIFID_II.aspx. In all trading venues this data includes both transparent order book (LIT) trading – including auctions – and non-transparent (dark) off-book trading.
Fixed Income trading in the secondary market amounted to €24.58 billion. This is an increase of 29.13% compared to September 2018. The total accumulated trading during the year amounted to €269.64 billion, a year-on-year increase of 81.7%.
New issues admitted to trading in the Fixed Income primary market in September was €20.73 billion, up 29.45% on the previous month but 25.6% lower than in September last year. The outstanding balance has increased by 2.94% so far this year, to €1.6 trillion euros.
The trading volume in Financial Derivatives increased by 4% to September, compared to the same period last year. Monthly highlights include a 28.7% increase in Mini IBEX 35® futures and a 4.2% increase in Options on the IBEX 35®, both year-on-year.
Trading by business areas and assets
|
September 2019 |
Change August 2019 |
Change September 2018 |
Accumulated |
|
|
Equities(1) |
||||
|
- Equities |
32.486,9 |
15,9% |
-7,1% |
-22,4% |
|
Number of trades |
3.073,5 |
-1,1% |
3,2% |
-15,8% |
|
- Warrants |
15,9 |
-17,0% |
-49,0% |
-24,5% |
|
Number of trades |
5,6 |
2,7% |
-6,2% |
-15,3% |
|
- ETFs |
96,4 |
-13,9% |
-21,6% |
-47,4% |
|
Number of trades |
4,1 |
-28,9% |
-20,2% |
-32,8% |
|
Fixed Income |
||||
|
Traded Volume(2) |
24.589,1 |
-10,7% |
29,1% |
81,7% |
|
New Issues |
20.731,1 |
29,5% |
-25,6% |
7,2% |
|
Outstanding Balance |
1.567.070,2 |
0,3% |
1,3% |
2,9% |
|
Financial derivatives(3) |
||||
|
- Futures: IBEX 35 |
479,5 |
-15,5% |
-2,3% |
-5,2% |
|
Mini IBEX 35 |
122,9 |
-19,9% |
28,7% |
-3,6% |
|
Shares |
825,2 |
1008,3% |
-53,6% |
52,1% |
|
- Options: IBEX 35 |
388,7 |
28,2% |
4,2% |
2,8% |
|
Shares |
1.466,3 |
70,7% |
-21,2% |
-21,2% |
(1) By asset type in million euros; number of trades in thousands
(2) Since implementation of MiFID II only trading on electronic platforms included
(3) Thousands of contracts
