Bolsa de Madrid all fixed-income assets are traded through SIBE. The Madrid Stock Exchange General Index (IGBM) is the exchange's principal index and represents the construction, financial services, communications, consumer, capital/intermediate goods, energy, and market services sectors. The IBEX 35 Index is a capitalization-weighted index comprising the 35 most liquid Spanish stocks traded in the continuous market, and is Bolsa de Madrid's benchmark. Bolsa de Madrid also offers the FTSE-Latibex Index, a European market for Latin American stocks. The Ibex New Market Index, for emerging companies, was offered from 2000 to 2007. Settlement is T + 3. Trading on SIBE is conducted from
Rancho Bolsa de Chamisal patented to Lewis T. Burton in 1867. In 1856, Burton sold Rancho Bolsa de Chamisal to Francis Ziba Branch (1802–1874), grantee of Rancho Santa Manuela and part owner of Rancho Arroyo Grande, Rancho Pismo and Rancho Huerhuero. In 1866, Branch sold part of the rancho to dairymen George Steele and his brothers Edgar W., Isaac C., and Rensselaer E. Steele. Rancho Bolsa de Chamisal Rancho Bolsa de Chamisal was a Mexican land grant in present-day San Luis Obispo County, California given in 1837 by Governor Juan B. Alvarado to Francisco Quijada. The grant extended along the Pacific coast, just south