Monthly Benchmarks on the Reception of Orders
- Statistics (contents only available in Portuguese)
In March 2021, the value of orders in
financial instruments received by financial intermediaries and registered at
the CMVM amounted to €13,010.4 million, a 26.0% increase apropos February.
Since the beginning of the year, this benchmark increased by 1.3% over the same
period of last year.
The monthly value fell in all
segments. In financial instruments for private and public debt, it increased
33% up to €1,611.9 million and 29% up to €8,250 million, respectively. For
shares, the amount rose by 15% up to €2,458.7 million.
Banco BPI had the largest market share
transactions (17.4%), followed by BCP (15.1%) and BIG (13.0%). In public and
private debt, the largest stake was held by BNP Paribas (64.0%), followed by Novo
Banco (16.1%) and Banco LJ Carregosa (14.7%).
The value of orders on derivative
financial instruments increased by 20.7% over the previous month up to €20,688.1
million, and the number of traded contracts increased by 32.4%. CFDs were
the most traded financial instrument in the derivatives market (45.2% of the
total amount), with transactions increasing by 21.9% apropos February. Futures
transactions were up by 94.6%.
During the same period, the value of
orders of residents registered a monthly upturn of 20.6% and non-residents rose
Regarding market execution, 50.6% of
orders were executed in international regulated markets, 6.6% in national
markets, 19.2% out of the market and 23.7% were internalised.
The USA, Germany and France 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