Fixed Income Trading Soars on the BME in January 2019

by Celeste Skinner
  • Fixed income trading on the BME increased by more than 200 per cent month-on-month.
Fixed Income Trading Soars on the BME in January 2019
Bloomberg

The Spanish Exchange , Bolsas y Mercados Españoles (BME), has published its trading volumes for the first month of 2019, with the exchange reporting its best trading volumes for Equities since October of last year and a dramatic uptick in fixed income trading.

Specifically, the BME had a trading value worth €41.40 billion for equities during the month of January. This is 6.8 percent more than December of 2018 and, as mentioned above, the best performance in the past three months.

However, despite this month-on-month uptick, when measuring this amount against the same time in the previous year, it is actually 18.6 percent lower. For equities, the number of trades made during the month was 3.6 million, which 15 percent higher than December.

Fixed income trading climbs in January on the BME

Fixed income trading on the BME soared during the first month of 2019. The total value traded in January was €33.41 million. This is a significant jump of 240.8 percent when compared to the previous month. Not only that but when comparing this figure against January of 2018, it is also up by 71.5 percent.

The financial derivatives market, however, did not perform as solidly as fixed income. During January, the market had a notional traded volume of €49.03 billion. IBEX 35 Futures trading climbed by 4.8 percent month-on-month in January, but on a yearly comparison, it was also down by 4.3 percent.

Following a similar trend, Mini IBEX 35 Futures increase by 9.3 percent from the previous month, but it was still lower when measured against the volume traded in January 2018 by 4.1 percent.

Conversely, the trading volume for Stock Futures achieved an incredible 328.3 percent increase year-on-year. However, it was one of the few segments to report a drop from the previous month by 23 percent.

The Spanish Exchange , Bolsas y Mercados Españoles (BME), has published its trading volumes for the first month of 2019, with the exchange reporting its best trading volumes for Equities since October of last year and a dramatic uptick in fixed income trading.

Specifically, the BME had a trading value worth €41.40 billion for equities during the month of January. This is 6.8 percent more than December of 2018 and, as mentioned above, the best performance in the past three months.

However, despite this month-on-month uptick, when measuring this amount against the same time in the previous year, it is actually 18.6 percent lower. For equities, the number of trades made during the month was 3.6 million, which 15 percent higher than December.

Fixed income trading climbs in January on the BME

Fixed income trading on the BME soared during the first month of 2019. The total value traded in January was €33.41 million. This is a significant jump of 240.8 percent when compared to the previous month. Not only that but when comparing this figure against January of 2018, it is also up by 71.5 percent.

The financial derivatives market, however, did not perform as solidly as fixed income. During January, the market had a notional traded volume of €49.03 billion. IBEX 35 Futures trading climbed by 4.8 percent month-on-month in January, but on a yearly comparison, it was also down by 4.3 percent.

Following a similar trend, Mini IBEX 35 Futures increase by 9.3 percent from the previous month, but it was still lower when measured against the volume traded in January 2018 by 4.1 percent.

Conversely, the trading volume for Stock Futures achieved an incredible 328.3 percent increase year-on-year. However, it was one of the few segments to report a drop from the previous month by 23 percent.

About the Author: Celeste Skinner
Celeste Skinner
  • 2872 Articles
  • 25 Followers
About the Author: Celeste Skinner
  • 2872 Articles
  • 25 Followers

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