Grupo BME Security Rating

Bolsas y Mercados Españoles (BME) operates stock markets and financial systems in Spain. It operates through seven business units: Equities, Settlement and Registration, Derivatives, Clearing, Fixed Income, Information, and IT and Consulting. The Equities business unit is involved in the trading of securities through the electronic trading platform or on the stock exchange, corresponding post-trade activities, and the provision of listing and maintenance services for issuers on the equity market. The Settlement and Registration business unit engages in the registration and settlement of equity, private fixed-income, and public debt trades. The Derivatives business unit is involved in the trading of financial derivatives and electricity derivatives. The Clearing business unit engages in the clearing, central counterparty, and settlement of derivatives, public debt repos, OTC interest rate derivatives, and electricity derivatives. The Fixed Income business unit is involved in the trading of private fixed-income and public debt securities, and the provision of listing and maintenance services for issuers on the private fixed-income market. The Information business unit engages in the dissemination of information as a primary source, and the provision of index licenses and other related services. The IT and Consulting business unit produces and sells software products, and provides global access, advisory, and training services.