Press Release

The Spanish stock market trades 19 billion euros in August

1 September, 2022

MONTHLY TRADING STATEMENTS FOR BME’S MARKETS

  • The volume traded in Equities so far this year is 8.6% higher year on year
  • Fixed-income trading in August amounted to 6.5 billion euros, up 5% from the preceding month
  • Trading in Futures contracts on the IBEX 35 ® index increased by 8.4% in the first eight months of the year

The Spanish stock market traded 19 billion euros in Equities in August, down 12.1% from rhe same month last year and down 27.8% from July. The number of trades in August was 2.3 million, down 15.5% from August 2021 and 23.4% from the previous month.

BME's market share in Spanish equities stood at 63.11%. The average spread in this month was 7.02 basis points at the first price level and 9.45 basis points with order book depth of 25,000 euros, 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 July in the Fixed Income markets reached 6.5 billion euros, up 5% compared to July. New issues, including Public Debt and Private Fixed Income issues, amounted to 17.4 billion euros, which implies a 25.9% increase compared to the same month the previous year.

The outstanding balance stood at 1.78 trillion euros, up 3.6% so far this year and up 3.7% compared to August 2021.

The Financial Derivatives market traded 1.5 million contracts in July for a notional amount of 32.5 billion euros. Trading in IBEX 35 ® Futures increased by 8.4% in the year to date, in Mini IBEX Futures by 12.2% and in Stock Options by 8.5%. In August, the volume traded in Equity futures grew by 17.5% compared to the same month of the previous year and in equity options by 48.8%.

The open interest in Equity Futures contracts increased by 25.6% in July.

Trading by business areas and assets

 

August

 2022

%Change

July22

%Change

August21

Year to Date

2022

Equities(1)

       

-        Equities

19,031.1

-27.8%

-12.1%

8.6%

Number of trades

2,294.61

-23.4%

-15.5%

-7.3%

-        Warrants

47.6

-16.8%

189.1%

97.3%

Number of trades

5.1

7.5%

14.3%

24.7%

-        ETFs

91.1

-10.9%

-2.3%

17.9%

Number of trades

5.5

-12.1%

13.4%

10.7%

Fixed Income(1)

       

-        Traded Volume(2)

6,575.4

5.0%

-56.4%

-53.6%

-        New Issues

17,437.1

-35.8%

25.9%

-6.1%

-        Outstanding Balance

1,780,484.8

0.1%

3.7%

3.6%

Financial derivatives(3)

       

-        Futures:    IBEX 35

365.2

-12.4%

-7.1%

8.4%

                   Mini IBEX 35

57.2

-25.9%

2.5%

12.2%

                   Shares

15.7

250.7%

17.5%

-24.6%

-        Options:   IBEX 35

107.7

256.6%

127.5%

-3.6%

                   Shares

991.9

-17.4%

48.8%

8.5%

(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

Copyright® BME 2023
[ http://www.bolsasymercados.es ]