The Spanish stock market trades 43 billion euros in November
1 December, 2020
- The Equity trading volume grows 52.1% from October and the number of trades increases 39.2%
- New issues in the Fixed Income markets increases 26.6% from January
- The trading volume in IBEX 35 and Mini IBEX 35 Futures since January increases 1% and 7.8% respectively
The Spanish stock market traded 43 billion euros in Equities in November, up 52.1% from the previous month and up 4% from the same period last year. The accumulated effective volume traded to the end of November totalled 393 billion euros, 8.4% less than in the previous year.
The number of trades in November was 5.8 million, 39.2% more than in the previous month and 85.1% more than in November 2019. The number of accumulated trades to the end of November amounted to 51.2 million, up 48.9% year on year.
BME's market share in Spanish equities in November stood at 73.45%. The average spread for the same period was 6.82 basis points at the first price level (24% better than the next trading venue) and 10.22 basis points with order book depth of 25,000 euros (32.9% better), according to an independent report by LiquidMetrix, available here: 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.
Fixed Income trading volume in November came in at 15.3 billion euros, down 46.6% from October and down 38.7% year on year. New admissions to trading, including Public Debt and Private Fixed Income, came in at 13.3 billion euros, up 26.6% year on year for the January to November period.
The outstanding balance stood at 1.7 trillion euros, which implies a year on year increase of 7.2% for the first eleven months.
Trading in the Financial Derivatives market in the first eleven months was up 1% in IBEX 35 Futures, up 7.8% in Mini IBEX 35 Futures and up 10.5% in Stock Options, compared to the previous year.
Trading in Stock Futures in November increased 45.9% from the previous month while the open interest was up 8.7%. The volume of Mini IBEX Options was up 68.9% from October and the open interest grew 9.5%.
Trading by business areas and assets:
|
November 2020 |
%Change October20 |
%Change November19 |
% Change Year To Date 2020 |
|
|
Equities(1) |
||||
|
42.561.1 |
52.1% |
4.0% |
-8.4% |
|
Number of trades |
5,835.6 |
39.2% |
85.1% |
48.9% |
|
32.1 |
27.5% |
70.9% |
10.5% |
|
Number of trades |
7.7 |
62.9% |
37.0% |
21.8% |
|
287.2 |
104.7% |
100.6% |
53.2% |
|
Number of trades |
15.1 |
67.6% |
254.5% |
161.1% |
|
Fixed Income(1) |
||||
|
Traded Volume(2) |
15,298.4 |
-46.6% |
-38.7% |
-16.7% |
|
New Issues |
13,321.8 |
-41.9% |
-33.6% |
26.6% |
|
Outstanding Balance |
1,666,013.6 |
0.0% |
7.4% |
7.2% |
|
Financial derivatives(3) |
||||
|
496.5 |
5.6% |
9.7% |
1.0% |
|
Mini IBEX 35 |
123.5 |
10.5% |
12.6% |
7.8% |
|
Shares |
169.7 |
45.9% |
0.5% |
-34.1% |
|
265.0 |
68.9% |
11.1% |
-35.8% |
|
Shares |
1,195.2 |
-3.1% |
-24.7% |
10.7% |
(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
