WHAT IS IBERCLEAR » Organization » Bolsas y Mercados Españoles (BME) :
IBERCLEAR is a member of the holding company "Bolsas y Mercados Españoles, Sociedad Holding de Mercados y Sistemas Financieros, S.A." ( known as BME).
Bolsas y Mercados Españoles (BME) encompasses the companies that direct and manage the securities markets and systems in Spain. It brings together, under a single activity, decision-taking and coordination unit, the Spanish equity, fixed-income and derivatives markets and their clearing and settlement systems. The BME Group is formed by the Barcelona, Bilbao, Madrid and Valencia stock exchanges, MF Mercados Financieros, BME Consulting and IBERCLEAR.
BME is the Spanish markets' response to the new international financial setting, where investors, intermediaries and firms demand an ever-expanding range of services and products within a framework of security, transparency, flexibility and competitiveness.
By uniting their efforts, Spanish markets have attained a top-level size within the European setting and a diversified structure that covers the entire chain of value in securities markets from trading to settlement, including the provision of information and data-processing services. This size and structure permit a more efficient use of resources, cost reduction and the streamlining of services. Thanks to this position, BME is set to play a decisive role in the shaping of the stock market map in Europe.
