Spectrum Markets Sees188% Rise in Q1 2022 Trading Turnover

Spectrum Markets, which offers securities derivatives trading services across Europe, reported a 44 percent year-over-year increase in its trading volume in the first three months of 2022.

The press release shared with Finance Magnates detailed that 300 million securitized derivatives were traded in the quarter compared to 207 million in the same period of the previous year.

Commenting on the numbers, the CEO of Spectrum Markets, Nicky Maan said: “We’ve had a very successful start to 2022, delivering a strong first quarter of growth, and building on the foundations of our already robust and innovative pan-European trading ecosystem to further enhance connectivity Connectivity Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Read this Term and expand our partner network.”

The daily trading volume on the platform peaked on March 8 when more than 23,000 trades were executed. It was fueled by the market volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term induced by the geopolitical tensions between Russia and Ukraine.

The total turnover of the Frankfurt-headquartered trading venue reached €771 million in the reported period. It was a yearly increase of 188 percent.

“I’m particularly pleased to see European retail investors clearly remain very active in international markets, underlining our confidence that this trend is more permanent, and highlighting the important role securitized derivatives can play in their portfolios,” Maan added.

Spectrum is offering services in several European countries, including Germany, France, Italy, Spain, Sweden, Norway, the Netherlands, Ireland and Finland. The platform witnessed aggressive growth over recent years.

Aggressive Growth

Finance Magnates earlier reported that the turnover of the trading platform saw a 93 percent rise in 2021, reaching €1.35 billion. With the ongoing trend, the platform will dwarf those numbers only in the first two quarters of the ongoing year.

“We’ve made some big announcements already this year, and there are more to follow, so we’re really looking forward to taking Spectrum Markets on to the next phase of its evolution, welcoming new members to the venue, expanding our range of products, and continuing to build out our ‘plug and play’ trading infrastructure around Europe,” Maan said.