- Statistics (contents only available in Portuguese)
In December 2020, the value of orders in financial instruments received by financial intermediaries and registered at the CMVM amounted to €7,440.1 million, a 35.7% decrease apropos November. Since the beginning of the year, this benchmark increased by 50.1% over the same period of last year.
The monthly value fell for all segments. In financial instruments for public and private debt, it decreased 44% down to €4,103.0 million and €1,814.5 million, respectively, while dropping 9% down to €1,814.5 million for shares.
Banco BCP had the largest market share transactions (17.9%), followed by Banco BIG (12.8%) and Banco BPI (10.0%). In public and private debt, the largest stake was held by BNP Paribas (61.8%), followed by Novo Banco (18.7%) and Banco LJ Carregosa (7.0%).
The value of orders on derivative financial instruments increased by 19.1% over the previous month up to €12,394.0 million, and the number of traded contracts decreased by 13.6%. CFDs were the most traded financial instrument in the derivatives market (36.8% of the total amount), with transactions decreasing by 17.0% apropos November. Futures transactions were down by 101.3%.
During the same period, the value of orders of residents registered a monthly downturn of 26.2% and non-residents fell by 41.6%.
Regarding market execution, 55.6% of orders were executed in international regulated markets, 8.9% in national markets, 21.4% out of the market and 14.1% were internalised.
The USA, France and Spain and were the top three destinations for orders placed on shares outside Portugal, while France, The Netherlands and the UK were the main destinations for orders on debt securities.
This news item was originally published by the Portuguese Securities Market Commission (CMVM PT). For more information, see the Source Link.