The Spanish stock market trades 32 billion euros in May
1 June, 2021
- The equity trading volume in May was up 11.1% from the preceding month and 9.2% higher year on year
- Fixed-income trading in May amounted to 25 billion, up 19.9% from April.
- As regards Stock Derivatives trading in Futures contracts increased 18.6% and 73.5% in Option contracts compared to the same period a year earlier
The Spanish stock market traded 32 billion euros in Equities in May, 11.1% from the preceding month and 9.2% higher year on year. The number of trades in May was 3.5 million, a decrease of 18.3% from the same period last year and down 5.8% compared to April.
BME's market share in Spanish equities stood at 73.97%. The average spread in May was 6.04 basis points at the first price level (7.9% better than the next trading venue) and 8.69 basis points with order book depth of 25,000 euros (29.1% 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 May on the Fixed Income markets amounted to 25 billion euros, 19.9% more than in April. New issues, including Public Debt and Private Fixed Income, reached 28 billion euros, which implies a decrease of 19.6% compared to April and a decrease of 25.8% compared to the same month the previous year.
The outstanding balance stood at 1.7 trillion euros, posting an increase of 0.5% in May and a 3.1% increase so far this year.
In the Financial Derivatives market, trading volume in Stock Futures in May grew by 18.6% year-on-year and 73.5% in Stock Options. Trading in IBEX 35 Futures contracts increased by 11.1% compared to May last year.
Compared to the previous month, the volume traded in Stock Futures rose by 9,657.1%, while in Stock Options it increased by 17.4% and in Ibex 35 Options it grew 77.4%.
In terms of the open interest, there was an increase from the same period the previous year in Stock Futures contracts (up 34.1%) and in IBEX 35 Futures contracts (up 8.5%).
Trading by business areas and assets
|
May 2021 |
%Change April2021 |
%Change May2020 |
Year to Date % |
|
|
Equities(1) |
||||
|
32,029.9 |
11.1% |
9.2% |
-18.5% |
|
Number of trades |
3,462.6 |
-5.8% |
-18.3% |
-9.6% |
|
26.8 |
26.2% |
14.2% |
-6.1% |
|
Number of trades |
5.8 |
24.9% |
-19.8% |
-21.6% |
|
132.6 |
15.4% |
-35.4% |
-47.3% |
|
Number of trades |
7.6 |
6.0% |
-42.9% |
-45.1% |
|
Fixed Income(1) |
||||
|
25,031.0 |
19.9% |
19.9% |
-12.0% |
|
28,059.6 |
-19.6% |
-25.8% |
-5.3% |
|
1,702,185.9 |
0.5% |
4.5% |
3.1% |
|
Financial derivatives(3) |
||||
|
412.2 |
-1.1% |
11.1% |
-21.6% |
|
Mini IBEX 35 |
74.9 |
1.0% |
-8.2% |
-46.2% |
|
Shares |
2,078.8 |
9,657.1% |
18.6% |
-16.1% |
|
118 |
77.3% |
-27.1% |
-31.2% |
|
Shares |
948.2 |
17.4% |
73.5% |
-23.3% |
(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
