Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Trading In Stock Futures On MEFF Exceeds 2004 Volume, With 12,763,867 Contracts Year To Date - MEFF Consolidates Its Leadership In Individual Stock Futures With An 92% Increase In Open Interest

Date 16/09/2005

The volume of individual Stock Futures contracts traded in 2005 has exceeded the total trading volume in the same product last year on MEFF, the Spanish Futures and Options Exchange.

12,763,867 contracts have been traded up to yesterday, 709,068 contracts more than in 2004. Trading in Stock Futures this year is up 47% on the same period last year.

In addition to this significant increase in trading volume, the consolidation of MEFF’s leadership in the trading of individual Stock Futures can also be noted in the high volume of open positions, with the current level of 2.3 million contracts representing an increase of 92% on the previous year’s figure.

Stock Futures are currently listed for 11 companies on MEFF, all of which are included in the IBEX 35. These are Altadis, Banco Popular, BBVA, Endesa, Gas Natural, Iberdrola, Inditex, Repsol YPF, SCH, Telefónica and Telefónica Móviles.

MEFF (www.meff.com) is the Spanish financial futures and options exchange and its clearing house. In its advanced electronic trading system (S/MART) it offers futures and options on stock exchange indexes and on individual stocks.
MEFF, together with AIAF, SENAF, IBERCLEAR and the Spanish Stock Exchanges, form the BOLSAS Y MERCADOS ESPAÑOLES Group, (BME).