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- The volume of equity trades in November was up 11% from the previous month
- Fixed Income trading increases 8.5% from October
- Trading in Ibex 35 futures contracts is up 19.3%
The Spanish stock market traded 39.4 billion euros in Equities in November, 7.4% lower year-on-year and down 4.5% from the previous month. The number of trades was 4 million, up 11% from the preceding month and down 30.9% year-on-year.
BME's market share in Spanish equities as of 29 November stood at 72.92%. The average spread in November was 5.61 basis points at the first price level (17% better than the next trading venue) and 7.77 basis points with order book depth of 25,000 euros (40.8% better), according to an independent report by LiquidMetrix, available here: https://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 November on the Fixed Income markets reached 17.2 billion euros, 8.5% more than in October and up 12.5% year-on-year. New issues, including Public Debt and Private Fixed Income issues, amounted to 26.9 billion euros, up 101.9% compared to the same month last year.
The accumulated outstanding balance stood at 1.7 trillion euros, up 4.7% year-on-year.
In the Financial Derivatives market, trading in Ibex 35 Futures in November increased by 19.3% year-on- year, by 10.1% in Mini Ibex 35 Futures and by 55.4% in Ibex Options.
As for IBEX 35 Derivatives, trading in Futures contracts decreased by 12.2% compared to the same month last year, and by 58.9% in Option contracts.
There was also a 22.3% increase in equity futures trading in the first 11 months of the year.
Trading by business areas and assets
|
November 2021 |
%Change October 2021 |
%Change November 2020 |
Year to Date % |
|
|
Equities(1) |
||||
|
- Equities |
39,439.7 |
-4.5% |
-7.4% |
-10.9% |
|
Number of trades |
4,032.4 |
11.0% |
-30.9% |
-18.2% |
|
- Warrants |
26.6 |
-0.4% |
-17.4% |
-10.4% |
|
Number of trades |
6.3 |
5.2% |
-18.2% |
-22.9% |
|
- ETFs |
158.9 |
16.5% |
-44.7% |
-38.4% |
|
Number of trades |
8.0 |
29.1% |
-47.0% |
-41.2% |
|
Fixed Income(1) |
||||
|
- Traded Volume(2) |
17,205.7 |
8.5% |
12.5% |
-15.0% |
|
- New Issues |
26,891.4 |
-0.4% |
101.9% |
-1.0% |
|
- Outstanding Balance |
1,729,320.7 |
-0.8% |
3.8% |
4.7% |
|
Financial derivatives(3) |
||||
|
- Futures: IBEX 35 |
492.3 |
19.3% |
-0.9% |
-12.7% |
|
Mini IBEX 35 |
82.6 |
10.1% |
-33.1% |
-41.6% |
|
Shares |
87.3 |
-33.7% |
-48.5% |
22.3% |
|
- Options: IBEX 35 |
100.2 |
55.4% |
-62.2% |
-41.3% |
|
Shares |
1,116.0 |
12.8% |
-6.6% |
-26.6% |
(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
