What is the 'Barcelona Stock Exchange '

The Barcelona Stock Exchange is one of Spain's four major securities  exchanges.

BREAKING DOWN 'Barcelona Stock Exchange '

The Barcelona Stock Exchange, in Spanish, the Bolsa de Barcelona, trades warrants, exchange traded funds (ETFs), public debt, Latin American stocks and more, using computer-assisted trading and open-outcry floor trading. The Barcelona Stock Exchange has an integral communications network that allows an optimum access to the following markets: Interconnected Stock-Market System, floor trading, MAB and Latibex, warrants and ETFs, Fxed Income and Public Debt Trading System, Catalonian Public Debt Market as well as options and futures markets. It provides back offce services in the following areas: Post Trading Management System (SGP in Spanish), Clearing Management System (SGC in Spanish), Deposit Management System (SGD in Spanish). It also offers issuer financial operations monitoring, shareholder registration and accounting registration of non-listed shares. The Barcelona Stock Exchange official index is the BCN-100 Index, a trade-weighted index consisting of the exchange's 100 most-traded companies. It also has several other indexes, including the BCN PER-30, BCN ROE-30, BCN MID-50 and BCN INDEXCAT.

Exchanges in Spain

The roots of the Barcelona Stock Exchange go back to the middle ages with the emergence of commodity exchanges at the time of the commercial revolution in Catalonia. Toward the middle of the nineteenth century, with the industrial boom and the birth of the first Catalan corporations, the trading of securities began, with an active market in Barcelona. The official stock exchange was created in 1915, its governance and administration was under the Colegio de Agentes de Cambio y Bolsa stockbrokers association until 1989. The Stock Market Act of 1989 became part of the Sociedad Rectora de la Bolsa de Valores de Barcelona (SAU). In 2002, the Barcelona Stock Exchange joined the Bolsas y Mercados Españoles Group (BME).

The BME was designed to streamline Spain's four major securities exchanges and is headquartered in Madrid. Companies listed on the Spanish Stock Exchange are primarily Spain-based companies. The BME trades shares in euro, and the ISO 4217 currency code for euro is EUR with the symbol €.  The BME collaboration oversees the systems and securities traded within Spain. It governs regulation and trading of market derivatives, settlement systems, fixed-income markets, equities and clearing systems. The following exchanges in the BME Group: Iberclear Stock Exchange, Valencia Stock Exchange, BME Consulting, Barcelona Stock exchange, Madrid Stock Exchange and the Bilbao Stock Exchange. BME enables firms, investors and intermediaries to trade in a safe and liquid environment. The BME also ensures competitive and world-class markets. The unified stock exchanges trade a large variety of products and securities and make trading them more cost effective.

RELATED TERMS
  1. Bilbao Stock Exchange

    The Bilbao Stock Exchange is one of the four major stock exchanges ...
  2. Exchange

    An exchange is a marketplace in which securities, commodities, ...
  3. Miami Stock Exchange

    The Miami Stock Exchange offers a full range of processing and ...
  4. Exchangeable Security

    An exchangeable security is a security that can be exchanged ...
  5. Futures Exchange

    A futures exchange is a central marketplace, physical or electronic, ...
  6. Bombay Stock Exchange (BSE)

    The Bombay Stock Exchange (BSE) is the first and largest securities ...
Related Articles
  1. Investing

    Stock Exchanges Around The World

    We tell you about five of the most popular stock exchanges from around the globe.
  2. Insights

    Net Worth of Lionel Messi

    Learn about Lionel Messi's early life, soccer prowess, and tax evasion scandal.
  3. Investing

    Stock Exchanges: A Global Tour

    Check out the history and inner workings of the world's six most well-known stock exchanges.
  4. Tech

    5 Live Bitcoin Exchanges

    Learn about five of the largest bitcoin exchanges operating around the world in 2015, and discover the issues these exchanges are facing.
  5. Managing Wealth

    Top Tips For Exchanging Money

    Take these tips to heart to avoid wasting money when you exchange currencies.
  6. Personal Finance

    The Worst Place to Exchange Currency

    Exchanging currency is a necessary part of traveling, but not all currency exchanges are created equal.
  7. Tech

    What Are Decentralized Cryptocurrency Exchanges?

    Could the latest type of digital currency exchange protect users from potential hacks?
  8. Investing

    4 Reasons Investors Love Intercontinental Exchange (ICE)

    Read about Intercontinental Exchange and the strong economic position the firm achieved through a series of acquisitions and positive derivative market trends.
RELATED FAQS
  1. Move from an OTC to a major exchange

    In order to move a company from over-the-counter market to a major exchange, a number of conditions must be met to being ... Read Answer >>
  2. What is the average debt/equity ratio of companies in the financial services sector?

    Learn the importance of calculating the debt to equity ratio when analyzing companies operating in the financial services ... Read Answer >>
  3. Who uses bills of exchange?

    Find out who uses bills of exchange, why they are important in international trade and what happens when a bill is traded ... Read Answer >>
  4. What exactly is being done when shares are bought and sold?

    Most stocks are traded on physical or virtual exchanges. The New York Stock Exchange (NYSE), for example, is a physical exchange ... Read Answer >>
  5. How does the balance of payments impact currency exchange rates?

    Take a brief look at the relationship between a nation's balance of payments and the exchange rate value of its currency ... Read Answer >>
  6. What are the advantages and disadvantages of listing on the Nasdaq versus other stock ...

    Discover some of the primary advantages and disadvantages that exist for companies listed on the Nasdaq exchange rather than ... Read Answer >>
Trading Center