Business

The Spanish Stock Exchange traded €85.6 bn. in March

The best month of March since 2008

Madrid Stock Exchange headquarters
(Source: BME)
USPA NEWS - The equity trading volume on the Spanish Stock Exchange in March was €85.6 billion, up 32% year on year, representing the best month of March in the past 7 years. Accumulated volumes in the first quarter of the year reached €260.3 billion, up 37% year on year.
The number of trades in March reached 5.4 million, up 0.2% from the same month a year earlier, while accumulated trades to the end of March reached 17.6 million, down 2% year on year. As for the ETF segment, the trading volume in March came in at €1.2 billion, up 71% from the same month a year earlier. The trading volume in the first three months of 2015 in this segment totalled €3.1 billion, up 17% from a year earlier.
The trading volume on the Warrants and Certificates market in the first three months of 2015 reached €335.2 million, up 61% year-on-year. The trading volume in March in this market reached €115.2 million, up 53% from March 2014. The number of issues admitted to trading on this market in the first three months of the year totaled 2,744, up 47% from a year earlier.
Trading volume in March reached 6.1 million contracts, up 10.5% year-on-year. It is worth mentioning the heavy trading in Derivatives on Indices, with 590,333 IBEX 35 Futures contracts traded, up 5.8% year-on-year. Trading in IBEX 35 Options increased to 715,843 contracts, up 46.4% on the year. Trading in Options on Stocks in March picked up from the previous month, with 2 million contracts traded, up 41.2%. It is worth mentioning the sharp increase in trading in the Futuro Bono 10 contract in March, at 2,226 contracts, up 209.1% year on year.
The trading volume on the Corporate Debt market in the first quarter totalled €159.1 billion, down 58% year on year, though 81.7 billion correspond to trading to maturity, up 8.7% year-on-year. In March, the trading volume came in at €54.4 billion. The volume of new issues in the first quarter reached €56.8 billion, almost double (95%) the amount for the same period in 2014. New issues in March came in at €18.8 billion.
The trading volume on the SEND electronic trading platform reached €364.6 million in the first quarter, of which 140.8 million correspond to Public Debt trading, which is double the amount posted in the same period in 2014 (117.4%). In March, trading on SEND came in at €113.1 million. In the first quarter, Public Debt traded on SENAF, the wholesale electronic Public Debt platform, totalled €27.9 billion, a figure almost identical to that for the same period in 2014. In March the trading volume was €10.7 billion.
Liability for this article lies with the author, who also holds the copyright. Editorial content from USPA may be quoted on other websites as long as the quote comprises no more than 5% of the entire text, is marked as such and the source is named (via hyperlink).