- The Equity trading volume in October was 47.5% higher year-on-year and 27.7% higher than in the previous month
- New Fixed Income issues were up 17.8% year-on-year
- Trading in Equity Futures contracts in October increased by 13.3% compared to the same month in 2020 and in the first ten months it grew 23.8% year-on-year
The Spanish stock market traded 41.3 billion euros in Equities in October, 47.5% higher year-on-year and up 27.7% from the previous month. The number of trades was 3.6 million, down 13.3% year-on-year and down 3.2% from the preceding month.
BME's market share in Spanish equities stood at 74.88%. The average spread in October was 5.18 basis points at the first price level (18.7% better than the next trading venue) and 7.62 basis points with order book depth of 25,000 euros (41.4% 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 October on the Fixed Income markets reached 15.9 billion euros, 36.4% less than in September. New issues, including Public Debt and Private Fixed Income issues, amounted to 27 billion euros, up 17.8% compared to the same month last year.
The outstanding balance stood at 1.7 trillion euros, up 0.7% in October and up 5.6% so far this year.
In the Financial Derivatives market, trading in equity Futures increased by 13.3% year-on- year and by 23.8% in the first ten months of 2021. The open interest in Equity Futures increased by 36.5% year-on- year.
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.
Trading by business areas and assets
October 2021 |
%Change September 2021 |
%Change October 2020 |
Year to Date % |
|
Equities(1) |
||||
- Equities |
41,284.5 |
27.7% |
47.5% |
-11.3% |
Number of trades |
3,634.1 |
-3.2% |
-13.3% |
-16.6% |
- Warrants |
26.7 |
-0.2% |
5.8% |
-9.5% |
Number of trades |
6.0 |
-4.0% |
26.6% |
-23.4% |
- ETFs |
136.4 |
-13.5% |
-2.8% |
-37.5% |
Number of trades |
6.2 |
-28.0% |
-31.2% |
-40.5% |
Fixed Income(1) |
||||
- Traded Volume(2) |
15,857.5 |
-36.4% |
-44.6% |
-16.7% |
- New Issues |
27,002.6 |
-13.1% |
17.8% |
-4.8% |
- Outstanding Balance |
1,743,786.1 |
0.7% |
4.6% |
5.6% |
Financial derivatives(3) |
||||
- Futures: IBEX 35 |
412.7 |
-20.5% |
-12.2% |
-13.8% |
Mini IBEX 35 |
75.0 |
-4.2% |
-32.9% |
-42.4% |
Shares |
131.7 |
-96.1% |
13.3% |
23.8% |
- Options: IBEX 35 |
64.5 |
-54.1% |
-58.9% |
-38.4% |
Shares |
989.1 |
-33.4% |
-19.8% |
-28.2% |
(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