Bolsas y Mercados Españoles
Spanish stock exchange company
From Wikipedia, the free encyclopedia
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.
 | |
| Company type | Subsidiary |
|---|---|
| ISIN | ES0115056139 |
| Industry | Finance |
| Founded | 1831 |
| Headquarters | Madrid, Spain |
Key people | Juan Ramón Flames Omarrementaría (CEO) |
| Services | Equity trading platforms, derivatives and fixed income markets, clearing, market data and technology |
| Revenue | 311,966,000 euro (2024)  |
Number of employees |  1033 (2024) |
| Parent | SIX Group |
| Website | www |
Overview
BME owns the stocks exchanges of Madrid, Barcelona, Valencia and Bilbao as well as Latibex, 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.[1]
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).[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 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.[3][4][5]
In 2020, SIX Group, owner of the Swiss Stock Exchange, finalised the purchase of BME.[6]
