Bolsas y Mercados Españoles (Spanish pronunciation: [ˈbolsas i meɾˈkaðos espaˈɲoles]; BME or BME Group) is the Spanish company that deals with the organizational aspects of the Spanish stock exchanges and financial markets. It is owned by SIX Group.

Overview

BME owns the stocks exchanges of Madrid, Barcelona, Valencia [es] and Bilbao [es] as well as Latibex [es], 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 and the Mexican Stock Exchange.[2]

BME also owns and operates BME Clearing, a central counterparty clearing house, and Iberclear, a central securities depository. Iberclear was formed in 2003 by merger of the Bank of Spain's book-entry system (known as CADE, for Central de Anotaciones de Deuda Pública) ant the stock exchange's Securities Clearing and Settlement Service (SCLV, for Sistema de Compensación y Liquidación de Valores).[3]

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 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's 5.2 billion euros.[4][5][6]

In 2020, SIX Group, owner of the Swiss Stock Exchange, finalised the purchase of BME.[7]

See also

References

  1. ^ a b c d e f "Annual Results 2010" (PDF). Bolsas y Mercados Españoles. Archived from the original (PDF) on 20 July 2011. Retrieved 20 February 2011.
  2. ^ "BME Group Companies". BME.
  3. ^ "Iberclear". Tesoro Público. Retrieved 17 February 2025.
  4. ^ Huw Jones (November 7, 2019), Euronext CEO Boujnah says no tie-up talks with any European bourse Reuters.
  5. ^ "SIX successfully completes acquisition of controlling stake in BME" (PDF). SIX Group. 11 June 2020.[permanent dead link‍]
  6. ^ "Quién es SIX Group y por qué quiere comprar la bolsa española". El Confidencial. 19 November 2019.
  7. ^ "SIX to Exercise the Squeeze-out Right for Remaining BME Shares | BME Bolsas y Mercados Españoles".
Allikas: https://en.wikipedia.org/wiki/Iberclear
No tags for this post.