- 182m securitised derivatives traded in Q2 2021 compared to 98m in Q2 2020
- First half volumes increased 146% year-on-year
- Most traded underlyings were OMX 30, DAX 30 and S&P 500
Spectrum Markets, the pan-European trading venue for securitised derivatives, has released its latest Quarterly Business Update, revealing continued positive momentum as its business matures.
Second-quarter trading volume grew by 86% year-on-year. 182 million securitised derivatives were traded on the exchange from April to June, compared to 98 million during the same period last year, underlining the firm’s continued strong growth.
Looking at the first half of this year presents an even stronger contrast when compared to 2020, with trading volume increasing 146% year-on-year.
“Achieving strong and sustained organic growth continues to be one of our top priorities, so it’s great to see how far we’ve come since this time last year,” said Nicky Maan, CEO of Spectrum Markets. “Our 24/5 pan-European trading proposition has proved tremendously popular as the European retail investor community grows in size and sophistication, and we have a number of exciting new developments lined up for the months ahead.”
During Q2 2021, 34.2% of individual trades took place outside of traditional hours (i.e. between 17:30 and 9:00 CET). 85.1% of this activity was on indices, 8.9% on currency pairs, and 6% on commodities, with the top three traded underlying markets being OMX 30 (28%), DAX 30 (23.6%) and S&P 500 (11.4%).
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.
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
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 securitized 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.