The Spanish stock market trades 36.3 billion euros in December
4 January, 2021
- The Equity trading volume in 2020 is 8.6% lower than in 2019, but the number of trades increases by 49.6%
- New issues in the Fixed Income markets from January increase 23.7%
- The accumulated trading volume since January increases by 6% in Mini IBEX 35 Futures and by 11% in Stock Options
The Spanish stock market traded 36.3 billion euros in Equities in December, down 10.7% from the same period last year and down 14.7% from the preceding month. The accumulated effective volume traded to the end of December totalled 429.3 billion euros, 8.6% less than in the previous year. The number of trades in December was 4.43 million, up 58.6% year on year and down 24.1% from November. The number of accumulated trades to the end of December amounted to 55.7 million, up 49.6% year on year.
BME's market share in Spanish equities in December stood at 73.13%. The average spread for the same period was 7.80 basis points at the first price level (14.7% better than the next trading venue) and 11.60 basis points with order book depth of 25,000 euros (27.4% 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 December came in at 13.1 billion euros, down 13.8% from November and down 9.8% year on year. New admissions to trading, including Public Debt and Private Fixed Income, came in at 26.4 billion euros, up 23.7% year on year for the January to December period. The outstanding balance stood at 1.7 trillion euros, which implies a year on year increase of 6.2% for the twelve-month period.
Trading in the Financial Derivatives market in 2020 was up 6.1% in IBEX 35 Mini Futures and up 10.9% in Stock Options, compared to the previous year. Trading in Stock Futures in December increased 1,498.6% from the previous month while the volume of Mini IBEX Options was up 18.0% compared to November.
Trading in Stock Options increased 11.7% compared to the same month the previous year, in line with 10.9% annual growth for the twelve-month period.
Trading by business areas and assets:
|
December 2020 |
%Change November 2020 |
%Change December 2019 |
%Change Year to Date 2020 |
|
|
Equities(1) |
||||
|
36,298.8 |
-14.7% |
-10.7% |
-8.6% |
|
Number of trades |
4,427.52 |
-24.1% |
58.6% |
49.6% |
|
22.6 |
-29.7% |
2.9% |
9.9% |
|
Number of trades |
5.9 |
-23.3% |
-1.4% |
19.9% |
|
194.1 |
-32.4% |
6.8% |
48.3% |
|
Number of trades |
9.2 |
-39.3% |
67.1% |
152.7% |
|
Fixed Income(1) |
||||
|
13,184.8 |
-13.8% |
-9.8% |
-16.4% |
|
26,435.5 |
98.4% |
-6.7% |
23.7% |
|
1,651,325.0 |
-0.9% |
6.2% |
6.2% |
|
Financial derivatives(3) |
||||
|
386.6 |
-22.1% |
-22.8% |
-1.0% |
|
Mini IBEX 35 |
78.4 |
-36.5% |
-18.6% |
6.1% |
|
Shares |
2,712.3 |
1,498.6% |
-2.1% |
-28.3% |
|
312.8 |
18.0% |
-37.2% |
-36.0% |
|
Shares |
3,219.3 |
169.4% |
11.7% |
10.9% |
(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
