How To Trade BBVA
Who are we? It is the second largest bank in Spain, with its services including banking, insurance, and asset management.
Full company name: BBVA Financial Corporation
Headquarters: Bilbao, Spain,
Expiry formula: (Bid + Ask) / 2
Trading hours: Mon – Fri, 09:30 – 16:00 (EST)
The bank was founded as Banco de Bilbao, on May 28, 1857, in Bilbao. Banco Bilbao Vizcaya Argentaria, S.A. is a diversified international financial company engaged in retail banking, asset management, private banking and wholesale banking. The Company operates through seven segments: Banking Activity in Spain, Real Estate Activity in Spain, Turkey, Rest of Eurasia, Mexico, South America and United States. In addition to these, the Company has a Corporate Center. Its Banking Activity in Spain segment includes all of its banking and non-banking businesses in Spain. It Real Estate Activity in Spain segment provides management of the real estate assets. Its Turkey segment represents its stake in the Turkish bank Turkiye Garanti Bankasi A.S. The Rest of Eurasia segment includes the retail and wholesale banking businesses. Its Mexico segment consists of the banking and insurance businesses. Its South America segment manages its banking and insurance businesses. The United States segment includes its business in the United States.
How To Trade This Stock?
BBVA shares can be found on the New York and Madrid Stock Exchanges, as well as part of the IBEX 35 index under the BBVA tag. Traders like BBVA shares for being under double pressure from financial sector and Spanish public debt problems. The volume of trades grows every day, as the understanding of factors affecting the price of the asset allows to steadily earn on fluctuations in the value of the asset. Traders will have to taste trading in BBVA shares, as their value is easy to predict thanks to a variety of sources of information and the direct dependence of the value of the asset on news and reports.