• 198 million securitised derivatives traded in Q3 2021 compared to 102 million in Q3 2020
• Most traded underlyings were DAX 40, NASDAQ 100 and OMX 30
• Last 12 months’ trading volumes increased 173% year-on-year
Spectrum Markets, the pan-European trading venue for securitised derivatives, has released its latest Quarterly Business Update, revealing continued positive momentum as it reaches its two-year anniversary.
Third-quarter trading volume grew by 94% year-on-year. 198 million securitised derivatives were traded on the exchange from July to September, compared to 102 million during the same period last year, underlining the firm’s continued strong growth.
During the quarter Spectrum also saw the one-billionth securitised derivative traded, ahead of its second anniversary on October 3rd. Looking at the first two years of trading further illustrates the progress Spectrum has made, with the number of securitised derivatives traded in October 2020 to September 2021 increasing by 173% on the same period the year before.
“Delivering another strong quarter of organic growth in which we hit the one-billion milestone is a great way to see in our second birthday, and I’m very proud of the progress we have made in those two years,” said Nicky Maan, CEO of Spectrum Markets. “We continue to make very good headway on our long-term growth plan, with the addition of Turbos on equities to our portfolio last month being a particular highlight.”
“Looking ahead, the next 12 months will be about continuing to develop the platform by further improving and extending connectivity options and trading infrastructure, as well as welcoming new members to the venue and exploring new product opportunities.”
During Q3 2021, 33.3% of individual trades took place outside of traditional hours (i.e. between 17:30 and 9:00 CET). 84.1% of this activity was on indices, 8% on currency pairs,7.7% on commodities, and 0.2% on equities, with the most traded underlyings being DAX 40 (28.6%), NASDAQ 100 (15.2%) and OMX 30 (15.1%).
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.