The Spanish Stock Market Trades 31.7 Billion Euros In July - Monthly Trading Statements For BME Markets
- The number of Equity trades grew by 34.2% last month and by 53.6% in the first seven months
- Admissions to trading for Fixed Income markets grew by 53.1% year on year
- Trading in IBEX 35 Futures and Mini IBEX 35 from January to July grew by 7% and 27.2% respectively
The Spanish Stock Exchange traded 31.7 billion euros in Equities in July, down by 22.4% year on year and down by 36.2% in June. The effective cash volume traded at the end of July totaled 271.1 billion euros, down by 3.4% year on year.
The number of trades in July amounted to 4.5 million, 34.2% more than in June 2019 and 23.9% less than in the preceding month. The number trades from January to July stood at 33.3 million, which represents a 53.6% increase compared to the same period the previous year.
BME's market share in Spanish equities in June stood at 71.5%, The average spread for the same period was 7.30 basis points at the first price level (12.4% better than the next trading venue) and 10.87 basis points with order book depth of 25,000 euros (25.3% 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 July decreased to 21.2 billion euros, down by 12.1% year on year. New admissions to trading, including Public Debt and Private Fixed Income, decreased to 41.04 billion euros, down by 29% compared to the preceding month and 53.1% more than in July 2019. MARF’s primary market registered new issues amounting to 1.07 billion euros.
The outstanding balance stood at 1.7 trillion euros, which implies an increase of 0.3% compared to the preceding month.
Trading in the Financial Derivatives market from January to July increased by 7% in IBEX 35 Futures and by 27.2% in Mini IBEX 35 Futures. For Ibex 35 Options it is down by 33.8%.
The trading volume in Stock Options increased by 11.6% year on year, and by 30.6% from January to July. Open position in these contracts rose by 8.9% year on year and by 10% compared to the preceding month.
Trading by business areas and assets
|
July 2020 |
%Change June20 |
%Change July19 |
% Change Year To Date 2020 |
|
|
Equities(1) |
||||
|
31,747.5 |
-36.2% |
-22.4% |
-3.4% |
|
Number of trades |
4,547.9 |
-23.9% |
34.2% |
53.6% |
|
31.0 |
-18.0% |
24.6% |
3.0% |
|
Number of trades |
7.5 |
-35.9% |
21.8% |
31.1% |
|
176.9 |
-32.4% |
-14.8% |
58.7% |
|
Number of trades |
10.0 |
-39.5% |
85.8% |
196.4% |
|
Fixed Income(1) |
||||
|
Traded Volume(2) |
21,222.6 |
-43.0% |
-32.1% |
-12.1% |
|
New Issues |
41,056.7 |
-29.0% |
53.1% |
39.7% |
|
Outstanding Balance |
1,669,817.9 |
0.3% |
7.1% |
7.4% |
|
Financial derivatives(3) |
||||
|
452.4 |
-16.2% |
-9.6% |
7.0% |
|
Mini IBEX 35 |
105.6 |
-29.3% |
-4.6% |
27.2% |
|
Shares |
158.6 |
-80.9% |
-73.2% |
-35.8% |
|
103.8 |
-64.1% |
-65.5% |
-33.8% |
|
Shares |
1,387.8 |
-52.2% |
11.6% |
30.6% |
(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