The Spanish stock market trades 43.8 billion euros in March (+24.7%) on 5.3 million trades (+8.8%)
- Apr 1, 2022
MONTHLY TRADING STATEMENTS FOR BME’S MARKETS
- Cash traded in Equities in the first quarter is 17.6% higher year on year
- New issues on the Fixed Income market reached 43.1 billion euros, up 6.8%
- Trading in Futures contracts on the IBEX 35 index in March increased by 36.5% year on year
The Spanish stock exchange traded 43.8 billion euros in Equities in March, up 24.7% from the same month in 2021 and up 27.7% from the previous month. The trading volume in the first three months grew 17.6% year on year. The number of trades in March was 5.3 million, 8.8% more than in March 2021 and 29.5% higher than in the preceding month.
BME's market share in Spanish equities in 2021 stood at 68.51%. The average spread in this month was 7.01 basis points at the first price level (11.5% better than the next trading venue) and 9.77 basis points with order book depth of 25,000 euros (35.6% 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 March in the Fixed Income markets reached 9.1 billion euros, 5.5% less than in February. New issues, including Public Debt and Private Fixed Income issues, amounted to 43.1 billion euros, up 20.4% from February and up 6.8% year on year.
The outstanding balance stood at 1.75 trillion euros in March, up 1% on the previous month and up 2.8% year on year.
The Financial Derivatives market traded 6.1 million contracts in March, representing a notional 55.8 million euros. Trading increased by 36.5% in IBEX 35 Futures and by 45.9% in Mini IBEX Futures from the same month the previous year. There was also a 27.1% increase in trading in equity Futures contracts and a 3.1% increase in Equity Options compared to March 2021.
The volume traded during the first quarter of the year increased by 24.6% in IBEX 35 Futures, 22.8% in Mini IBEX Futures and 24.3% in Stock Futures from the same period the previous year.
The open interest grew by 32.2% compared to February in Mini IBEX Futures contracts and by 3.6% in Equity Futures contracts.
Trading by business areas and assets
|
March 2022 |
%Change Feb22 |
%Change March21 |
Year to Date 2022 |
|
|
Equities(1) |
||||
|
- Equities |
43,846.3 |
27.7% |
24.7% |
17.6% |
|
Number of trades |
5,326.75 |
29.5% |
8.8% |
-2.6% |
|
- Warrants |
42.1 |
15.7% |
33.5% |
41.5% |
|
Number of trades |
9.8 |
14.2% |
35.1% |
31.7% |
|
- ETFs |
287.0 |
64.3% |
89.1% |
39.1% |
|
Number of trades |
16.1 |
61.8% |
21.7% |
13.7% |
|
Fixed Income(1) |
||||
|
- Traded Volume(2) |
9,170.6 |
-5.5% |
-61.5% |
-52.7% |
|
- New Issues |
43,126.9 |
20.4% |
6.8% |
-3.7% |
|
- Outstanding Balance |
1,751,383.2 |
0.7% |
2.8% |
1.0% |
|
Financial derivatives(3) |
||||
|
- Futures: IBEX 35 |
624,4 |
21.6% |
36.5% |
24.6% |
|
Mini IBEX 35 |
152.9 |
51.1% |
45.9% |
22.8% |
|
Shares |
3,855.2 |
9092.6% |
27.1% |
24.3% |
|
- Options: IBEX 35 |
116.9 |
-26.2% |
-39.6% |
-17.8% |
|
Shares |
1,311.4 |
59.5% |
3.1% |
-25.0% |