The Market Reports of BME gather the activity carried out throughout the year in all investment areas, as well as the company's own business. All references are related to the financial and economic moment and are compared internationally. They include highly interesting graphs and statistics.
Learn About the Stock Market Activity Every Year
- 2025 Report
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Market Report 2025
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The Highlight in 2025
Investment and Funding on the Stock Markets
The year 2025 has been marked by growth in the stock market sector, especially in the valuation of listed companies and the dynamism of the transactional market. There has been growth in key activity indicators such as stock prices, associated volatility, indices, market capitalization, trading of shares, shareholder returns through dividends and financing obtained by companies through capital increases throughout the year.
Listed Fixed Income
BME's Fixed Income markets have provided financing to both the public and private sectors, with issuance volumes exceeding 373.9 billion euros in the first eleven months of 2025. Central banks have adopted different monetary policies in response to disparate economic and inflationary environments in 2025. The growth of the MARF has continued with 162 participating companies, 12,250.5 million euros in promissory notes, and 626.20 million euros issued in bonds and debentures, three times more than in the same period of 2024. Spanish private debt issues grew by 52%, with domestic issues worth particular note.
Derivative Products: Options and Futures
The Spanish derivatives market, MEFF, trades more than 29 million contracts until November 2025, 15% more than the same period of the previous year, in a context of significant stock market increases, record levels of the IBEX 35® and low average volatility. Stock options increase by 52%.
Market Data
The Market Data unit of BME offers real-time data flows that include information on all financial instruments admitted to trading on the different trading venues of BME, as well as end-of-day and historical information products related to these instruments and markets.
Clearing Activity
BME Clearing is the European Central Counterparty (CCP) of the SIX Group, which manages the CCP's activities in Spain. BME Clearing has 34 years of experience in providing services as a central counterparty for financial derivatives (equities and fixed income). Over the past 15 years, it expanded its services; first to repos and energy derivatives, followed by cash equities, interest rate swaps and foreign exchange.
Settlement and Registration Activity
In 2025, the Settlement and Registration activity in Spain reached two important milestones: the entry into production of two regulatory projects of the Settlement and Registration System Reform, known as "Reform 3," and the ECMS platform, the European collateral management system developed within the Target2 Securities (T2S) framework.
REGIS-TR activity in 2025
Founded in 2010, REGIS-TR has grown to become a fundamental pillar for compliance with regulatory reporting obligations in Europe. In 2025, it remains one of the largest trade repositories in the European Union, serving more than 1,500 clients in 40 countries. REGIS-TR leads the European market, with more than 50% of the transaction flow related to EMIR EU, more than any other repository. It reports information to 44 European authorities under EMIR and to 35 under SFTR.
Frequently Asked Questions (FAQs)
A market report is an annual document that summarises the activity of the Stock Exchange in all areas of investment and trading.
The BME Market Report includes data such as the closing and profitability of the main markets in the world, the results of Spanish listed companies, sectoral stock market behaviour, capitalization, IPOs carried out, dividend distribution, capital increases, specific references to fixed income, achievements of BME, and regulatory and activity updates.
To get the most out of market reports, it is necessary to consult the headings in the introduction to select the area of your interest. Additionally, it is important to compare the data with previous documents to have a more complete understanding and reach more accurate conclusions. Knowing the economic and stock market context is equally relevant.