trading volume

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Spanish Stock Exchange’s trading volume grows by 49.8%

MADRID | By Julia Pastor | The operator of all Spain’s stock markets and financial systems BME has a couple of good reasons to celebrate. The company’s trading volume increased by 49.8% on a y-o-y basis to €72.2 bn in May, as the so-called Tobin tax on foreign exchange transactions has recently been postponed by 2016. This tax could cut BME’s volume by near 10%.