Reference Market for Spanish Underlyings
MEFF offers more than 40 single stock options that include 10 of the leading Spanish companies.
Long Tradition in the European Derivatives Markets
MEFF is BME’s Derivatives Exchange and since 2020 part of Switzerland's SIX Group. MEFF – as the reference Exchange for stock options on Spanish underlyings – has a long tradition of financial culture and best practice, constantly investing in innovation and development. MEFF has been the Spanish market for derivative products since 1989 and is widely recognized both, nationally and internationally, for being one of the main European derivatives markets.
Benefits of Trading on MEFF
Financial Futures and Options Trading
Financial Derivatives & Commodities Derivatives
MEFF offers liquid instruments that are perfectly suited to meet their clients needs:
- Futures on indices allow market participants to easy hedge, invest and position in the market. There are futures on the well-known Spanish blue chip index IBEX 35® as well as on Mini IBEX 35® which is often used by retail clients. The trading hours are from 8 am to 8 pm.
- Options on indices allow market participants to create more complex strategies, they are often traded as a block. The trading hours are from 9 am to 5:35 pm.
MEFF offers a wide range of stock futures. Among which you can find, Futures on Spanish Stocks, Stock Dividend Futures and Stock Dividend Futures Plus with six maturities open for trading, three maturities for Dividend Futures and Dividend Futures Plus. They are often traded as a block.
MEFF is the reference market for single stock options for Spanish underlyings. These allow market participants to create more complex strategies. There are good reasons why one should trade on MEFF: high liquidity and tight spreads, delta facility on block trades, competitive fees and straightforward exercise and settlement. Both European and American style options are available, with 17 maturities open for trading.
The futures in the xRolling® FX offer trading in currencies and hedging exchange risk with the safety and transparency of a regulated market. The xRollicontractsng® FX contracts are "perpetual" Futures on the 17 most actively traded currency pairs, with extended market hours from 00:00 to 23:00. They can be traded from Monday to Friday and are distributed by MEFF members and settled and cleared in BME Clearing, the BME Central Counterparty.
