(; BME or BME Group) is the Spanish company that deals with the organizational aspects of the Spanish
stock exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for ...
s and financial markets. It is owned by
SIX Group
SIX is a key financial market infrastructure company in Switzerland. The company provides services relating to securities transactions, the processing of financial information, payment transactions and is building a digital infrastructure. The c ...
.
Overview
BME owns the stocks exchanges of
Madrid
Madrid ( ; ) is the capital and List of largest cities in Spain, most populous municipality of Spain. It has almost 3.5 million inhabitants and a Madrid metropolitan area, metropolitan area population of approximately 7 million. It i ...
,
Barcelona
Barcelona ( ; ; ) is a city on the northeastern coast of Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second-most populous municipality of Spain. With a population of 1.6 million within c ...
, and as well as , an international market for Latin American securities, and the company Openfinance, a provider of technology in the wealth management industry. In addition, BME holds a participation in the Cámara de Riesgo Central de Contraparte of
Colombia
Colombia, officially the Republic of Colombia, is a country primarily located in South America with Insular region of Colombia, insular regions in North America. The Colombian mainland is bordered by the Caribbean Sea to the north, Venezuel ...
and the
Mexican Stock Exchange
The Mexican Stock Exchange (), commonly known as Mexican Bolsa, Mexbol, or BMV, is one of two stock exchanges in Mexico, the other being BIVA - Bolsa Institucional de Valores. It is the second largest stock exchange in Latin America, only after S ...
.
BME also owns and operates BME Clearing, a
central counterparty clearing house, and Iberclear, a
central securities depository
A central securities depository (CSD) is a specialized financial market infrastructure organization holding securities such as shares or bonds, either in certificated or uncertificated ( dematerialized) form, allowing ownership to be easily tra ...
. Iberclear was formed in 2003 by merger of the
Bank of Spain
The Bank of Spain (, ) is the national central bank for Spain within the Eurosystem. It was the Spanish central bank from 1874 to 1998, issuing the peseta. Since 2014, it has also been Spain's national competent authority within European Banki ...
's book-entry system (known as CADE, for ) ant the stock exchange's Securities Clearing and Settlement Service (SCLV, for ).
BME has been a listed company since 14 July 2006 and an
IBEX 35
The IBEX 35 (IBerian IndEX) is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Espa� ...
constituent since July 2007 until December 2015. As of 2019, it was among the smallest of Europe's exchanges with a market capitalisation of 2.1 billion euros ($2.32 billion), less than half of
Euronext
Euronext N.V. (short for European New Exchange Technology) is a European bourse that provides trading and post-trade services for a range of financial instruments.
Traded assets include regulated equities, exchange-traded funds (ETF), warrant ...
's 5.2 billion euros.
In 2020,
SIX Group
SIX is a key financial market infrastructure company in Switzerland. The company provides services relating to securities transactions, the processing of financial information, payment transactions and is building a digital infrastructure. The c ...
, owner of the
Swiss Stock Exchange, finalised the purchase of BME.
See also
*
Bolsa de Madrid
(; Madrid Stock Exchange) is the largest and most international of Spain's four regional stock exchanges (the others are located in Barcelona, Valencia, and Bilbao) that trade shares and convertible bonds and fixed income securities, and both g ...
*
List of stock exchanges
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but ...
References
{{DEFAULTSORT:Bolsas Y Mercados Espanoles
Spanish companies established in 2002
Companies based in Madrid
Financial services companies established in 2002
Financial services companies of Spain
2006 initial public offerings
2020 mergers and acquisitions
Companies formerly listed on the Madrid Stock Exchange
Spanish subsidiaries of foreign companies