- Baader Bank will serve as an intermediary and facilitate client’s trades on Spectrum’s trading venue
- Partnership enables Spectrum Markets to access a larger network of retail brokers across Germany
- German retail investors will benefit from Spectrum Market's innovative features, including extended traded hours and an expanded product offering
Spectrum Markets (“Spectrum”), the pan-European trading venue for securities, announces today that Baader Bank ("Baader"), a leading provider of securities and banking services in Europe, becomes a new trading member.
With over four decades of trading securities, Baader Bank offers seamless access to capital markets to its partners and institutional investors through secure, efficient, and integrated trading platforms. Notably, Baader has significantly expanded its retail broker client base in recent years, which will help bolster Spectrum’s presence in Germany.
As part of this strategic collaboration, the Germany-based securities and banking services company will serve as an intermediary, facilitating clients’ trades on to Spectrum Markets’ trading venue.
Baader’s brokers will gain access to Spectrum’s pioneering technology with simplified connectivity for new trading partners joining Spectrum, which speeds up the onboarding process and reduces unnecessary costs.
Another key driver of the partnership is the growing demand for extended trading hours among Baader clients, which is a trend Spectrum sees gathering momentum across the European retail investment landscape. Trading via Spectrum enables retail investors to trade outside of traditional hours, thanks to the venue’s 24/5 trading capabilities, while remaining within a regulated trading environment.
“The team at Spectrum is delighted to join forces with Baader Bank, as it underscores our commitment to providing European retail investors a superior trading experience compared to other market players. Through Baader, brokers will enjoy access to a broader range of products, during extended hours, on a regulated trading venue. We are seeing a global shift in demand for round-the-clock trading, and this partnership means that Spectrum can tap into Baader’s extensive network but also expands our presence in Germany.” said Nicky Maan, CEO of Spectrum Markets.
About Spectrum Markets
Spectrum Markets is a pan-European trading venue for financial instruments aimed at financial institutions and their retail investors. Headquartered in Frankfurt am Main, Germany, and with presence across Europe, Spectrum Markets was designed for transparency, integration and openness while enabling unparalleled access to the markets beyond traditional trading hours with 24/5 on-venue trading for the first time in Europe.
Since launch in August 2019, financial instruments listed on Spectrum Markets have been made available for retail trading in Germany, Italy, France, Spain, Sweden, Norway, the Netherlands, Ireland and Finland.
Acting as a MiFID II regulated trading venue authorised and supervised by BaFin, Spectrum Markets uses a uniquely open architecture, allowing intermediaries and product providers to offer to retail investors a unique trading experience with increased choice, control and stability.
Being an MTF (Multilateral Trading Facility), Spectrum Markets provides access to innovative products designed to give European retail traders flexibility and control over their trades. This includes Turbo24, the world’s first 24-hour turbo warrant.
Through the pan-European ISIN, 24/5 trading services, intraday issuance and a fully proprietary venue, Spectrum Markets enables a guaranteed baseline level of liquidity over a range of products, is able to swiftly and safely match a significant number of orders, and to process messages with a low latency.
Spectrum Markets publishes SERIX® – the Spectrum European Retail Investor Index – a pan-European client sentiment that informs as to whether retail investors have taken exposure on a bullish or bearish view on a specific underlying. SERIX® is a measure based on trades made by retail investors across Europe which can be used to compare how sentiment has changed (in terms of directionality or strength of sentiment) over time on a monthly basis.
Spectrum Markets is a wholly owned subsidiary of IG Group (LSEG: IGG).
Further information can be found at spectrum-markets.com
Media Contact
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E-Mail: vasiliki@liminalcomms.com
Disclaimer
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 financial instrument(s) listed on Spectrum Markets or any product described herein. Spectrum Markets does not provide financial services, such as investment advice or investment brokerage. 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.
