Bolsa de Madrid

Bolsa de Madrid (Madrid Stock Exchange) is the largest and most international of Spain's four regional stock exchanges located in Barcelona, Bilbao, and Valencia that trade shares and convertible bonds and fixed income securities, both government and private-sector debt. Barcelona is the capital city of Catalonia, an autonomous community in Spain. ... Location of Bilbao in Spain Cityscape of Bilbao, with the Guggenheim Museum on the bottom right Bilbao from satellite (NASA World Wind Landsat) Bilbao (Basque: Bilbo) in the North of Spain, is the largest city in the Basque Country and the capital of the province of Biscay (Basque: Bizkaia). ... The Hemispheric at the Ciutat de les Arts i les Ciències by Santiago Calatrava, Valencia, Spain. ... A convertible bond is type of bond that can be converted into shares of stock in the issuing company, usually at some pre-announced ratio. ... Fixed income refers to any type of investment that yields a regular (fixed) payment. ...

Structure and Operations

The reorganization of Spain's financial market under the national umbrella of the Spanish Stock Market includes the bolsas, the derivatives markets, and fixed-income markets. Trading is linked through the electronic Spanish Stock Market Interconnection System (SIBE), which handles more than 90% of transactions; all fixed-income assets are traded through SIBE. The Madrid Stock Exchange General Index (IGBM) is the exchange's principle index and represents the contruction, financial services, communications, consumer, capital/intermediate goods, energy, and market services sectors. The IBEX-35 Index is a capitalization-weighted index comprising the 35 most liquid Spanish stocks traded in the continuous market, and is Bolsa de Madrid's benchmark. Bolsa de Madrid also offers the FTSE-Latibex Index, a European market for Latin American stocks; and the Ibex New Market Index for emerging companies. Settlement is T + 3. Trading on SIBE is conducted from 9 a.m. to 5:30 p.m.; open outcry from 10a.m. to 11:30 a.m., both Monday through Friday In mathematics, the derivative is defined as the instantaneous rate of change of a function. ... The IBEX-35 is an index of stocks that trade on the Madrid Stock Exchange in Spain. ... Latin America consists of the countries of South America and some of North America (including Central America and some the islands of the Caribbean) whose inhabitants mostly speak Romance languages, although Native American languages are also spoken. ...

History and Statistics

The Bolsa de Madrid was officially founded in 1831. As required by Spanish law, it is managed and operated by the Sociedad Rectora de la Bolsa de Valores de Madrid S.A., a corporation organized under the laws of the Kingdom of Spain. The membership of the Madrid Stock Exchange consists of 41 major financial institutions and 12 established securities dealers. At December 31, 2001, approximately 1477 domestic and foreign companies had their equity securities listed on the Madrid Stock Exchange. The total market capitalization of the equity securities listed on the Madrid Stock Exchange at December 31, 2001 was €552.4 billion.^[1] Leopold I 1831 was a common year starting on Saturday (see link for calendar). ... December 31 is the 365th day of the year (366th in leap years) in the Gregorian Calendar. ... 2001: A Space Odyssey. ... The euro (€; ISO 4217 code EUR) is the currency of twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. ...

Notes

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External link

• Official website