The Spanish stock market trades 32.2 billion euros in May

  • Jun 1, 2022
The Spanish stock market trades 32.2 billion euros in May

  • The volume traded in Equities is up 16% so far this year
  • Fixed Income trading in May is 41% higher than in April
  • Trading in IBEX 35 index futures contracts to May increases 16.4%

The Spanish stock exchange traded 32.2 billion euros in Equities in May, 0.6% more than in the same month of 2021 and 12.6% less than in the previous month. In the first five months of the year, the trading volume grew 16%. The number of trades in May was 3.4 million, 1.5% less than in May 2021 and 7.4% higher than April 2022.

BME's market share in Spanish equities stood at 65,54%. The average spread in this month was 7.11 basis points at the first price level (5.3% better than the next trading venue) and 9.42 basis points with order book depth of 25,000 euros (27.8% better), 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 May in the Fixed Income markets reached 12.2 billion euros, 41% higher than in April. New issues, including Public Debt and Private Fixed Income issues, amounted to 24.5 billion euros, which implies a 12.6% decrease compared to the same month the previous year and a drop of 36.3% compared to April.

The outstanding balance stood at 1.76 trillion euros, up 2.4% so far this year and up 3.4% compared to May 2021.

The Financial Derivatives market traded 2 million contracts in May, representing a nominal 41.1 billion euros.

Trading increased by 16.4% in IBEX 35 Futures and by 17% in Mini IBEX Futures. In May trading in Mini IBEX Options increased by 32.4% and by 28.6% in Stock Options, both compared to the same month a year earlier.

Compared to April, the open position in May increased 5.8% in IBEX 35 Futures, 16.4% in Mini IBEX Futures, 28.5% in Mini IBEX Options and 3.2% in Stock Options.

  • Effective trading volume by asset type in million euros; number of trades in thousands
  • The trading volume includes only trading on electronic platforms
  • Thousands of contracts