Spectrum Markets increased its trading volume for eight consecutive months of full trading. In May 34.5 million securitised derivatives were traded. This represents a 22.7% increase over the previous month and sets a record.
The share of out-of-hours trading (i.e. 1730-0900) was 40.7%, that is equal to the volume in April.
The breakdown of trading volume of securitised derivatives in May is as follows: 86.4% is attributable to indices (April: 84.4%), 7.7% to FX (April: 8.2%) and 5.9% to commodities (April: 7.4%).
The top traded underlyings were S&P 500 with a share of 26.8%, followed by the OMX with 20.4% and the DAX with a share of 20%. All 21 underlyings have been traded in May (overview).
Spectrum Markets is a pan-European marketplace where retail investors can invest in structured products via their brokers. From its launch, trading has been available in ten countries: Germany, France, Italy, Spain, Sweden, Norway, the Netherlands, Ireland, Finland, and Belgium.
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. Regulated by BaFin and MiFID II compliant, 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