Madrid Stock Exchange (MAD) .MA

DEFINITION of 'Madrid Stock Exchange (MAD) .MA'

The largest securities market in Spain, also known as the Bolsa de Madrid. In 1809, Jose I Bonaparte attempted to establish Spain's first stock exchange in Madrid but it failed because Madrid was not a major business center at the time. 1831 saw the enactment of the law creating the Madrid Stock Exchange with securities of banks, railways and iron and steel companies being the first traded.

BREAKING DOWN 'Madrid Stock Exchange (MAD) .MA'

The Exchange remained open during WWI, but closed during the Spanish Civil War from 1936 through early 1940. The Spanish Stock Exchange was transformed in 1988 with Spain's incorporation into the European Monetary System. In 1993, the Madrid Stock Exchange switched to all-electronic trading for fixed-income securities. In 1999 Spain's securities markets began trading in Euros. Its regulatory body is the Spanish Stock Exchange Commission.

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

    The market used for trading Spain's public debt (central government, ...
  2. Madrid SE CATS (MSE) .MC

    The Computer Assisted Trading System (CATS) was developed by ...
  3. Bilbao Stock Exchange (BIL) .BI ...

    One of Spain's four major securities exchanges. Founded July ...
  4. Barcelona Stock Exchange (BAR) ...

    One of Spain's four major securities exchanges. Established in ...
  5. Exchange

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

    The main securities market in Venezuela (the other two are the ...
Related Articles
  1. Markets

    Spain's Economics: 3 Troubling Similarities to Greece

    Discover why the Spanish economy continues to suffer from devastating unemployment figures, and why a serious approach to growth and debt problems is needed.
  2. ETFs & Mutual Funds

    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. Retirement

    How Much Money Do You Need to Retire in Spain?

    A soft Spanish real-estate market and the strong U.S. dollar make Spain considerably more affordable for American retirees than most of the United States.
  4. Retirement

    Retiring In Spain: 5 Best Cities For Expats

    Retirees seeking a rich cultural mix, temperate climate, low living costs, good healthcare, beaches and even skiing will find Spain an appealing option.
  5. Markets

    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.
  6. Insights

    Google’s Offices in Spain Raided by Tax Authorities (GOOGL)

    As Google becomes a synonym for tax avoidance around Europe, it has experienced close encounters with local tax authorities recently in Paris and Madrid.
  7. Retirement

    Can You Retire In Spain With $200,000 of Savings?

    How far will a modest nest egg take you in Spain? Here's a look at the cost of retiring on the Costa del Sol, or in one of Spain's culturally rich cities.
  8. Investing

    Stock Exchanges Around The World

    We tell you about five of the most popular stock exchanges from around the globe.
  9. Markets

    Who Owns The Stock Exchanges?

    As M&A heats up among the exchanges, here's how the market currently looks.
  10. Markets

    France and Spain Grew at a Faster Pace in Q1

    France and Spain's economies have grown at a faster pace than expected, indicating that the euro area is picking up momentum.
RELATED FAQS
  1. What are the historical beginnings of the securities industry?

    Learn the history of securities trading, beginning in 12th century France and leading to world financial market centers in ... Read Answer >>
  2. 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 >>
  3. Why are traders on the floor of the exchange?

    Before the advent of electronic trading platforms, the floor of the stock exchange was the location for market transactions ... Read Answer >>
  4. How did the stock market operate prior to the Securities and Exchange Commission?

    Read about the early stock exchanges in the United States, how corporations issued their shares through brokers and why railroads ... Read Answer >>
  5. 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 >>
  6. 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 >>
Hot Definitions
  1. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  2. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  3. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  4. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
  5. Weighted Average Life - WAL

    The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, ...
  6. Real Rate Of Return

    The annual percentage return realized on an investment, which is adjusted for changes in prices due to inflation or other ...
Trading Center