Pablo Malumbres Muguerza

Bolsas y Mercados Españoles, is a holding company, which engages in the operation of securities markets, financial, and clearing systems in Spain. It operates through the following segments: Equity, Fixed and Derivative Markets; Settlement and Registration; Clearing; Market Data and Value Added Services. The Equity, Fixed and Derivative segment: Equity-provides securities trading through the electronic trading platform as well as listing and maintenance services for issuers on the equity market and Derivatives-segment deals with financial and electricity derivatives transactions and Fixed Income-refers to the trading of private fixed-income and public debt securities as well as listing and maintenance services for issuers on the private fixed-income market. The Settlement and Registration segment is involved in the registration and settlement of equity, private fixed-income, and public debt trades. The Clearing segment engages in clearing, central counterparty, and settlement activities. The Market Data and VAS segment offers primary data services and value-added services. The company was founded in 1831 and is headquartered in Madrid, Spain.

Sociedad Rectora de la Bolsa de Valores de Madrid SA operates as a stock exchange. It trades convertible bonds and fixed income securities, in the public debt, corporate debt, options and futures and stock markets. The company was founded in 1831 and is headquartered in Madrid, Spain.