The Spanish stock market trades 35.2 billion euros in March, up 28% from the previous month
1 April, 2021
- The number of equity trades is up 16.4%, at 4.9 million
- Fixed Income trading volume is up 41.6% from February
- Trading in IBEX 35 futures rises 12.1% from the preceding month
The Spanish stock market traded 35.2 billion euros in Equities in March, up 28% from February and down 36.6% from the same month last year. The number of trades was 4.9 million, a 16.4% increase from the preceding month and down 35.7% year on year.
BME's market share in Spanish equities stood at 71.79%. The average spread in March 2021 was 6.05 basis points at the first price level (15.5% better than the next trading venue) and 9.26 basis points with order book depth of 25,000 euros (35.0% 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.
The volume traded in March on the Fixed Income markets amounted to 23.8 billion euros, 14.6% less than in February and 23.8% lower than in the same period of 2020. New issues, including Public Debt and Private Fixed Income, reached 40.4 billion euros, which implies an increase of 41.6% compared to February and a decrease of 5.3% compared to the same month the previous year.
The outstanding balance stood at 1.7 trillion euros, an increase of 1.4% in March and 7.4% compared to the same month the previous year.
In the Financial Derivatives market, the trading volume in IBEX 35 Futures increased by 12.1% compared to February and in Mini IBEX Futures by 27.5%. Stock Options maintained activity levels in March, while trading in IBEX Options increased by 31.9% and 43.2% compared to February 2021 and March 2020, respectively. Trading in stock futures increased by 2,693.2% compared to the previous month and was 4.6% higher than in March 2020.
Trading by business areas and assets
|
March 2021 2021 |
%Change Feb2021 |
%Change March2020 |
Year to Date % |
|
|
Equities(1) |
||||
|
- Equities |
35,153.8 |
28.0% |
-36.6% |
-27.7% |
|
Number of trades |
4,895.8 |
16.4% |
-35.7% |
-10.9% |
|
- Warrants |
31.5 |
38.1% |
2.9% |
-13.5% |
|
Number of trades |
7.3 |
20.3% |
-30.6% |
-21.5% |
|
- ETFs |
151,8 |
33.1% |
-66.8% |
-51.1% |
|
Number of trades |
13.2 |
77.8% |
-60.7% |
-42.9% |
|
Fixed Income(1) |
||||
|
- Traded Volume(2) |
23,849.8 |
-14.6% |
-23.8% |
-11.6% |
|
- New Issues |
40,377.9 |
41.6% |
-5.3% |
18.8% |
|
- Outstanding Balance |
1,704,070.2 |
1.4% |
7.4% |
3.2% |
|
Financial derivatives(3) |
||||
|
- Futures: IBEX 35 |
457.4 |
12.1% |
-47.7% |
-36.0% |
|
Mini IBEX 35 |
104.8 |
27.5% |
-70.2% |
-56.6% |
|
Shares |
3,032.6 |
2.692.4% |
4.6% |
-8.3% |
|
- Options: IBEX 35 |
193.6 |
31.9% |
43.2% |
-31.4% |
|
Shares |
1,272.6 |
0.6% |
-42.2% |
-38.8% |
(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
