Warrants Trading by Underlying Type

Year	Spanish Shares		National Indices		International Indices		Foreign Shares		Exchange Rates and others		Total
Year	Value Traded	%	Value Traded	%	Value Traded	%	Value Traded	%	Value Traded	%	Total
January	5,049,886	32%	5,583,533	35%	3,383,246	21%	1,513,368	10%	256,653	2%	15,786,686
February	6,589,128	42%	2,316,000	15%	3,332,227	21%	2,978,880	19%	447,867	3%	15,664,102
March	3,726,500	27%	2,633,145	19%	4,424,395	32%	2,916,251	21%	250,002	2%	13,950,293
April	4,688,465	21%	6,701,423	30%	7,216,634	32%	3,282,123	15%	546,595	2%	22,435,240
May	4,733,347	19%	3,961,460	16%	10,138,920	40%	4,305,706	17%	2,201,716	9%	25,341,149
June	4,966,106	24%	3,300,808	16%	8,948,753	44%	2,936,174	14%	184,254	1%	20,336,096
July	4,776,022	30%	4,338,874	27%	4,642,335	29%	1,889,467	12%	316,468	2%	15,963,166
August	4,209,751	30%	3,599,403	26%	3,987,409	28%	2,084,916	15%	148,601	1%	14,030,081
Year 2025	38,739,205	27%	32,434,646	23%	46,073,920	32%	21,906,884	15%	4,352,158	3%	143,506,813

Warrants Statistics