Bilbao Stock Exchange (BIL) .BI

DEFINITION of 'Bilbao Stock Exchange (BIL) .BI '

One of Spain's four major securities exchanges. Founded July 1890 and opened for trading in 1891, the Bilbao Stock Exchange (in Spanish, the "Bolsa de Bilbao") supports the financial, industrial and economic development of the Basque Country. It has provided financing for many major investment projects in the region, including shipyards, shipping companies, mines and banks.

BREAKING DOWN 'Bilbao Stock Exchange (BIL) .BI '

The Basque Stock Exchange trades public debt, bonds, ETFs, derivatives, options, and more. It is a member of Bolsas y Mercados Españoles, an organization designed to streamline Spain's four major securities exchanges (Madrid, Valencia, Barcelona and Bilbao). It is also a full member of the International Federation of Stock Exchanges, Federation of European Securities Exchanges, and several other related international organizations.

RELATED TERMS
  1. Madrid Fixed Income Market .MF ...

    The market used for trading Spain's public debt (central government, ...
  2. Barcelona Stock Exchange (BAR) ...

    One of Spain's four major securities exchanges. Established in ...
  3. Madrid Stock Exchange (MAD) .MA

    The largest securities market in Spain, also known as the Bolsa ...
  4. Exchange

    A marketplace in which securities, commodities, derivatives and ...
  5. Caracas Stock Exchange (CCS) .CR

    The main securities market in Venezuela (the other two are the ...
  6. Regional Stock Exchange

    A place outside of a country's primary financial center where ...
Related Articles
  1. Investing Basics

    What's an Exchange?

    An exchange is an organized marketplace where securities and other financial instruments are traded.
  2. Mutual Funds & ETFs

    The Top 3 ETFs For Investing in Spain (QESP, SAN)

    Discover three of the most widely traded exchange traded funds (ETFs) that offer investors exposure to major companies in the economy of Spain.
  3. Mutual Funds & ETFs

    The Top 5 ETFs to Track the IBEX 35 for 2016 (EWP, HEWP)

    Discover what the available ETF choices are for investors seeking exposure to the Spanish stock market that corresponds to the benchmark IBEX 35 Index.
  4. Professionals

    Exchange Markets

    Worldwide, there are over 100 securities exchanges where buyers and sellers meet to exchange goods and services in an organized, orderly fashion. Before we proceed, beginners should refer ...
  5. Professionals

    Exchange Market Structure

    CFA Level 1 - Exchange Market Structure. Contrasts the call and continuous market structures. Showcases the structural differences between regional, national and OTC markets.
  6. Professionals

    THE EXCHANGES

    The Exchanges The most recognized stock exchange in the world is the New York Stock Exchange or the NYSE. There are, however, many exchanges throughout the United States that all operate in a ...
  7. Economics

    Macroeconomics: Currency

    By Stephen Simpson For citizens of different countries to conduct trade, they have to buy and sell each other's currencies. The price of a nation's currency, expressed as an amount of a second ...
  8. Investing

    Trading Over the Counter

    OTC trades tend to be for smaller company stocks and debt securities. Debt securities such as bonds are generally traded by investment banks making markets for specific issues.
  9. Economics

    5 Economic Challenges Spain Faces in 2016

    Learn about five economic challenges Spain faces in 2016 and what they mean for Spain's economy in light of recent elections and changes in government.
  10. Investing Basics

    Explaining Fixed Exchange Rates

    A government using a fixed exchange rate has linked the value of its currency to the value of another country’s currency, or the price of gold.
RELATED FAQS
  1. How does a company switch from one stock exchange to another?

    A publicly traded company can, in fact, switch to a stock exchange that it believes will be favorable to its financing efforts. ... Read Answer >>
  2. Can stocks be traded on more than one exchange, such as, for example, on both the ...

    A stock can trade on any exchange on which it is listed. And to be listed it must meet all of the exchange's listing requirements ... Read Answer >>
  3. What are all of the securities markets in the U.S.A?

    There are three major U.S. financial securities markets which are: New York Stock Exchange (NYSE): NYSE is a stock exchange ... Read Answer >>
  4. Do all international markets trade between 9:30am and 4pm local time?

    The New York Stock Exchange and Nasdaq both trade between 9:30am and 4pm Eastern Time. All major stock exchanges trade at ... Read Answer >>
  5. What does it mean when my broker says that shares are for auction?

    An auction market is one in which stock buyers enter competitive bids and stock sellers enter competitive offers at the same ... Read Answer >>
  6. What are the rules behind the delisting of a stock?

    The criteria to remain listed on an exchange differs from one exchange to another. On the New York Stock Exchange (NYSE), ... Read Answer >>
Hot Definitions
  1. Goodwill

    An account that can be found in the assets portion of a company's balance sheet. Goodwill can often arise when one company ...
  2. Return On Invested Capital - ROIC

    A calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. ...
  3. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  4. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  5. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  6. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
Trading Center