Spectrum Markets, the Frankfurt-based pan-European trading venue for securitised derivatives, announces the appointment of Ilja Rempel as Head of Risk. With immediate effect, he will take care of risk management and will directly report to Dr. Alpay Soytürk, Chief Regulatory Officer. His responsibilities include overseeing and developing the key risk management control functions, maintaining the local risk strategy and monitoring and promoting all aspects of the risk control environment, including governance, communication, maintenance and development of the risk framework while continuously complying with regulatory requirements.
Ilja Rempel has many years of extensive experience in the investment and finance industry with a focus on financial sector regulation and risk management. He held his previous role at Julius Baer and prior to this position worked for four years in Risk Control at UBS Europe SE. Further positions took him to Bank J. Safra Sarasin and KPMG. He studied economics at the University of Cologne and is a certified Financial Risk Manager FRM-GARP.
“We are certain that Ilja Rempel, with his comprehensive expertise in the risk area, will further advance our business in Germany," explains Nicky Maan, CEO of Spectrum Markets. "This will ensure that our unique open system, which provides private investors with a wide range of products, transparent control and stability when trading securitised derivatives through their brokers, always meets all regulatory and risk requirements so that we can continue to grow at this high pace.
“I am very pleased to join this innovative, high-tech trading venue. The regulatory challenges are constantly increasing, but the introduction of 24/5 turbo trading for cryptocurrencies at the beginning of May alone, as the first European trading venue, shows how far Spectrum has come here," comments Ilja Rempel.
About Spectrum Markets
Spectrum Markets is the trading name of Spectrum MTF Operator GmbH. Headquartered in Frankfurt am Main, Germany, it is a pan-European trading venue for securitised derivatives aimed at financial institutions and their retail investors. Since launch, trading has been available in: Germany, France, Italy, Spain, Sweden, Norway, the Netherlands, Ireland, and Finland.
Acting as a MiFID II regulated trading venue authorised and supervised by BaFin, the exchange uses a uniquely open architecture system to allow investors to trade with increased choice, control and stability. Through its pan-European ISIN, 24/5 trading services and its own proprietary venue, Spectrum enables a guaranteed baseline level of liquidity over a range of products and is able to swiftly and safely match a significant number of orders and process multiple quotes every second.
Further information can be found at spectrum-markets.com
T: +44 203 778 1103
All information contained herein is for information purpose only and addresses exclusively Members of Spectrum Markets and persons interested in becoming a Member of Spectrum Markets. Nothing herein constitutes an offer to sell or a solicitation of an offer to purchase any securitised derivatives listed on Spectrum Markets or any product described herein. Spectrum Markets does not provide financial services, such as investment advice or investment brokering. Prospective retail investors can trade such products only with their brokers. The information herein does not constitute investment advice or an investment recommendation. Any information provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. Turbo Warrants are complex financial instruments and investors may experience a total loss.