Bolsas y Mercados Españoles Innova, S.A.U.
(BME Innova).
Offers specialised strategic consultancy services, cus-
tom-made technological solutions and integrated train-
ing programmes for the financial markets, as well as
products and services for three areas: business continu-
ity, financial communication and management software
for financial institutions.
Bolsas y Mercados Españoles Market Data, S.A.
(BME Market Data).
Specialises in handling, generating and selling informa-
tion from the Group’s various regulated markets and
multilateral trading facilities (MTFs) and in developing
value-added services aimed at the securities industry.
BME Market Data is owned by BME, the four stock ex-
change governing companies, MEFF and AIAF.
Visual Trader Systems, S.L.
Develops and operates the Visual Trader system, a plat-
form which allows access to international markets and
routing networks. It is connected to entities and brokers
all over the world to send and receive orders.
This company is owned by the Madrid and Valencia stock
exchange governing companies, with stakes of 90% and
10%, respectively.
Infobolsa, S.A.
markets real-time financial market information services.
It is jointly owned (50%/50%) by BME and Deutsche
Börse.
In addition to the above, Bolsas y Mercados Españoles
Servicios Corporativos, S.A. and BME Gestión de Estudios
y Proyectos, S.A.U. act as auxiliary companies for the rest
of the BME group companies.
Instituto Bolsas y Mercados Españoles, S.L.U.
(Instituto BME).
BME’s training centre, focusing on the organisation of
different training services related to financial markets.
AIAF Mercado de Renta Fija S.A.U. (AIAF).
Manages and supervises both the primary and second-
ary corporate debt markets, the electronic fixed income
trading platform SEND and is the governing company of
the multilateral trading system SENAF (SENAF.SMN).
Sociedad de Gestión de los Sistemas de Registro,
Compensación y Liquidación de Valores, S.A.U.
(Iberclear).
This is Spain’s central depository for securities. It is re-
sponsible for the accounting records and the clearing
and settlement of securities listed for trading on Span-
ish stock exchanges, the book-entry public debt market,
AIAF and Latibex.
Iberclear, under the supervision of the Spanish Ministry
for Agriculture, Food and the Environment, manages the
National Registry of Greenhouse Gas Emission Rights
(RENADE).
16
About BME
Corporate and Social
Responsibility
Report 2012
/ BME
1...,6,7,8,9,10,11,12,13,14,15 17,18,19,20,21,22,23,24,25,26,...107