The Spanish Exchange traded 37.88 BN Euros in February
2 March, 2020
- Up 17.2% from the same month in 2019 and up 4.4% from January
- The number of equity trades in February increased 49.1% yoy to 4.16 million
- New issues admitted in the Fixed Income markets posted an 8.9% increase year-on-year
- On 28 February 68,103 IBEX 35 PLUS contracts were traded, hitting a daily a record high excluding the expiration weeks
The Spanish Stock Exchange traded 37.88 billion euros in Equities in February, up 17.2% from the same period in 2019 and up 4.4% from the previous month. The number of trades in February reached 4.16 million, up 49.1% from the same period a year earlier and up 23.9% from the preceding month.
BME's market share in Spanish equities in February stood at 69.06%, The average spread for the same period was 5.23 basis points at the first price level (12.5% better than the next trading venue) and 7.12 basis points with order book depth of 25,000 euros (34.3% better), 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,
As regards Fixed Income new issues in February reached 23.20 billion euros, up 8.9% year-on-year. The outstanding balance was 1.56 trillion euros, up 0.9% year-on-year and up 0.7% compared to the corresponding year-to-date period in 2019. The trading volume in February reached 24.82 billion euros, up 3.7% from January.
The trading volume in the Financial Derivatives increased in February due to greater volatility. In fact on 28 February 68,103 IBEX 35 PLUS contracts were traded, hitting a daily record high, excluding the contract’s expiration weeks.
The trading value of IBEX 35 and Mini IBEX Futures grew by 14.9% and 15.2% respectively year-on-year.
In February, trading in IBEX 35 Options and Stock Options increased 43.5% and 110.5%, respectively, compared to the same month last year. So far in 2020 the increase is 47% for IBEX 35 Options and 83.0% for Stock Options. In the first two months of the year the trading volume in Financial Derivatives increased 18.1% year-on-year.
Trading by business areas and assets
|
|
February 2020 |
%Change Jan20 |
%Change Feb19 |
% Change YearToDate2020 |
|
Equities(1) |
|
|
|
|
|
37,889.3 |
4.4% |
17.2% |
0.6% |
|
Number of trades |
4,160.6 |
23.9% |
49.1% |
18.2% |
|
31.0 |
24.6% |
29.5% |
-5.3% |
|
Number of trades |
8.0 |
35.7% |
36.7% |
14.1% |
|
236.7 |
90.1% |
86.8% |
9.7% |
|
Number of trades |
11.6 |
146.0% |
151.2% |
60.4% |
|
Fixed Income |
|
|
|
|
|
Traded Volume(2) |
24,823.5 |
3.7% |
-13.7% |
-21.6% |
|
New Issues |
23,205.3 |
-45.3% |
8.9% |
-22.0% |
|
Outstanding Balance |
1,565,891 |
0.2% |
0.9% |
0.7%
|
|
Financial derivatives(3) |
|
|
|
|
|
622.2 |
25.7% |
31.6% |
14.9% |
|
Mini IBEX 35 |
161.3 |
51.2% |
40.6% |
15.2% |
|
Shares |
457.8 |
470.4% |
598.6% |
-70.0% |
|
298.3 |
9.1% |
43.5% |
47.0% |
|
Shares |
2,238.9 |
6.7% |
110.5% |
83.0% |
(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
