13 July 2016
Madrid
Reporter: Drew Nicol

Spanish trading heats up in June


Equity trading on BME Clearing's exchange has recorded a 25 percent drop off in volume between January and June this year compared to the same period in 2015.

BME Clearing's equity volume for the first half of the year hit €389.7 billion, down from €519.6 billion in H1 the year before.

However, a rebound may be on the horizon as the exchange saw a 36.2 percent uptick in its equity trading volume for June, compared to the month before.

The same trend can be seen in the exchange traded fund (ETF) volumes, with H1 volume falling by 41.7 percent from the same period in 2015, but Monthly volume for June soaring by 115.8 percent, compared to the May.

ETF volume in the first half of 2016 totalled €3.7 billion, with €653.9 million of that coming from June alone.

In the derivatives market, volume was up by 3.2 percent in June reaching 5.8 million contracts, compared the same month in 2015.

More swaps news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
LCH migrates to new Swiss reference rate
18 October 2017 | Zurich | Reporter: Jenna Lomax
Basler Kantonalbank, Credit Suisse and Zürcher Kantonalbank are due to be among the first financial services to clear using the new rate from December 2017
Tradeweb launches first electronic swaption trade on TW SEF
17 October 2017 | New York | Reporter: Jenna Lomax
The trade, which was executed by asset management firm, Garda Capital, and processed through MarketWire, officially marked the launch of swaptions trading on the TW SEF
Eurex Clearing launches partnership programme
09 October 2017 | Frankfurt | Reporter: Theo Andrew
The programme plans to build a “balanced ecosystem”, responsible for aligning responsibilities and benefits related to economics and governance, bringing “greater choice and transparency” to the market
LCH launches new SwapClear client account
14 August 2017 | London | Reporter: Drew Nicol
J.P. Morgan and Aviva Investors are among the first adopters of this new account type
OneChicago expands futures products
05 July 2017 | Chicago | Reporter: Drew Nicol
The new No Dividend Risk Friday Futures will be available from 24 July 2017
French elections revive European markets
03 May 2017 | Frankfurt | Reporter: Drew Nicol
The first round of the French election prompted rallies in Europe’s beleaguered equities markets, while fixed income also saw sharp corrections, according to Eurex
Eurex secures KfW as IRS clearing client
05 April 2017 | Frankfurt | Reporter: Drew Nicol
German government-owned investment bank KfW has looked to Eurex Clearing for IRS clearing services