Monthly Benchmarks on the Reception of Orders
- Statistics (contents only available in Portuguese)
In October 2020, the value of orders in financial instruments received by financial intermediaries and registered at the CMVM amounted to €10,485.4 million, a 2.0% increase apropos September. Since the beginning of the year, this benchmark increased by 46.8% over the same period of last year.
The monthly value rose in public financial debt instruments by 8.1% up to €6,983.9 million and for and private financial debt instruments dropping from 12.7% (€2,088.1 million) down to 0.7% (€1,087.8 million).
Banco BCP had the largest market share (17.8%), followed by Banco BPI (9.9%) and BIG (9.9%). In public and private debt, the largest stake came from BNP Paribas (55.0%), followed by Novo Banco (24.1%) and Banco LJ Carregosa (15.9%).
The value of orders on derivative financial instruments rose by 13.3% over the previous month up to €12,687.1 million, and the number of traded contracts decreased by 13.0%.
CFDs were the most traded financial instrument in the derivatives market (39.3% of the total amount), with transactions decreasing by 10.0% apropos September. Futures transactions were down by 59.9%.
During the same period, the value of orders of residents registered a monthly upturn of 22.9% and non-residents dropped by 8.7%.
Regarding market execution, 42.0% of orders were executed in international regulated markets, 3.8% in national markets, 25.7% out of the market and 28.5% were internalised.
The USA, France and Spain and were the top three destinations for orders placed on shares outside Portugal, while France, the United Kingdom and The Netherlands were the main destinations for orders on debt securities.