- The Equity trading volume in January is 14.4% lower
- New issues in the Fixed Income markets increase 126.1% in January
- The trading volume in IBEX 35 Futures is up 5.7% from December and up 4.8% in Mini IBEX Futures
The Spanish stock market traded 31.1 billion euros in Equities in January, down 14.4% from the same period last year and down 14.4% from the preceding month. The number of trades was 4.4 million, posting a year-on-year increase of 30.4% and a 1.1% decrease compared to December.
BME's market share in Spanish equities in January stood at 73.04%. The average spread for the same period was 6.48 basis points at the first price level (21.8% better than the next trading venue) and 9.79 basis points with order book depth of 25,000 euros (36.5% 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 January came in at 19 billion euros, up 44.2% from December and down 20.5% year on year. New admissions to trading, including Public Debt and Private Fixed Income, came in at 59.8 billion euros, up 126.1% from the preceding month.
The outstanding balance stood at 1.7 trillion euros, which implies a year on year increase of 1.3% and a 7.1% increase from the preceding month.
Trading in the Financial Derivatives market in January reached 2.1 million contracts, representing a nominal amount of 36.8 billion euros. Trading in IBEX 35 Futures increased by 5.7% from the previous month, and by 4.8% in Mini IBEX Futures.
The open interest increased in all products compared to December. It rose by 11.7% in IBEX Futures contracts and by 19.1% in IBEX 35 options. The open interest in Equity Options rose by 7.5% during the same period.
Trading by business areas and assets
|
January
2021
|
%Change
Jan2021-Dec2020
|
%Change
Jan2021-Jan2020
|
Equities(1)
|
|
|
|
- Equities
|
31,069.5
|
-14.4%
|
-14.4%
|
Number of trades
|
4,377.87
|
-1.1%
|
30.4%
|
- Warrants
|
20.6
|
-9.1%
|
-17.5%
|
Number of trades
|
5.8
|
-2.8%
|
-1.8%
|
- ETFs
|
134.7
|
-30.6%
|
8.2%
|
Number of trades
|
7.9
|
-14.2%
|
66.6%
|
Fixed Income(1)
|
|
|
|
- Traded Volume(2)
|
19,019.1
|
44.2%
|
-20.5%
|
- New Issues
|
59,770.5
|
126.1%
|
40.8%
|
- Outstanding Balance
|
1,673,320.7
|
1.3%
|
7.1%
|
Financial derivatives(3)
|
|
|
|
- Futures: IBEX 35
|
408.7
|
5.7%
|
-17.4%
|
Mini IBEX 35
|
82.1
|
4.8%
|
-23.0%
|
Shares
|
12.5
|
-99.5%
|
-84.5%
|
- Options: IBEX 35
|
144.5
|
-53.8%
|
-47.1%
|
Shares
|
1459.9
|
-54.7%
|
-30.4%
|
(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
|