Bolsas y Mercados Españoles
Bolsas y Mercados Españoles (Spanish pronunciation: [ˈbolsas i meɾˈkaðos espaˈɲoles]; BME) is the Spanish company that deals with the organizational aspects of the Spanish stock exchanges and financial markets, which includes the stock exchanges in Madrid, Barcelona, Bilbao and Valencia. In addition to the trading of shares and bonds, BME offers access to a number of other products (warrants, trackers) and the clearing and settlement of operations. BME is also developing a technological consultancy, operating in 23 countries and mainly providing trading systems.
Type | Sociedad Anónima |
---|---|
BMAD: BME | |
ISIN | ES0115056139 |
Industry | Finance |
Founded | 1831 |
Headquarters | Madrid, Spain |
Key people | Javier Hernani (CEO) |
Services | Equity trading platforms, derivatives and fixed income markets, clearing, market data and technology |
Revenue | €326.2 million (2010)[1] |
€215.0 million (2010)[1] | |
€154.2 million (2010)[1] | |
Total assets | €31.39 billion (2010)[1] |
Total equity | €448.4 million (2010)[1] |
Number of employees | 700 (2010)[1] |
Website | www.bolsasymercados.es |
BME owns the stocks exchanges of Madrid, Barcelona, Valencia and Bilbao as well as Latibex, the only international market for Latin American securities, and the company Openfinance, a provider of technology offering solutions and developments in the wealth management industry. BME also holds a participation in the Cámara de Riesgo Central de Contraparte of Colombia and the Mexican Stock Exchange.[2]
BME has been a listed company since 14 July 2006 and an IBEX 35 constituent since July 2007 until December 2015. As of 2019, it is among the smallest of Europe’s exchanges with a market capitalisation of 2.1 billion euros ($2.32 billion), less than half of Euronext’s 5.2 billion euros.[3]
Timeline of European stock exchanges
The following timeline outlines the consolidation through mergers and acquisitions among bourses in the European Union, which has taken place since the 1990s in response to financial harmonisation and liberalisation. Current, independent (parent) exchange companies are shown in colour.
See also
References
- "Annual Results 2010" (PDF). Bolsas y Mercados Españoles. Archived from the original (PDF) on 20 July 2011. Retrieved 20 February 2011.
- "BME Group Companies". BME.
- Huw Jones (November 7, 2019), Euronext CEO Boujnah says no tie-up talks with any European bourse Reuters.