During the month, more than 5.5 million turbo24s were traded.
Spectrum, a Trading Platform for structured products, has revealed its performance for the month of November this Thursday, posting a solid growth in trades on monthly comparison.
In particular, the volume traded in November increased by more than 100 percent compared with the previous month, which was the first full month of trading for the retail pan-European platform.
5.5m turbo24s traded in November on Spectrum
During the month, more than 5.5 million turbo24s were traded. From this investment product, indices represented around 88 percent of the traded amount and currencies and commodities made up 7 and 5 percent, respectively.
Turbo certificates allow traders to make money from market fluctuations with Leverage, they have a built-in stop loss, and positions are automatically closed once a predetermined price level is reached. For example, Turbo Long Certificates allow you to benefit from rising prices, whereas Turbo Short Certificates benefit from falling prices.
According to the statement released today, all underlyings on the platform are popular. The turbo24 volume on the DAX represents 33 percent of the total, followed by the S&P 500 with 19 percent and the Dow Jones with 10 percent.
As Finance Magnates reported, Spectrum is a Frankfurt-based subsidiary of the IG Group and the multilateral trading facility (MTF), offering 24/5 access to the markets for investors trading securitized derivatives.
Commenting on the performance, Nicky Maan, Spectrum's CEO, said: "Our second full month of trading has seen volumes increasing strongly across the breadth of underlyings – this demonstrates the attractiveness of our modern trading platform with its robust technology, lean product range and retail-focused venue approach.
“We’re deep into discussion with brokers and now with the vast majority of major issuers across Europe, where they are finding great interest in Spectrum. Our sales force is expanding as planned, as we start to build our key partnerships on Spectrum.”
Spectrum, a Trading Platform for structured products, has revealed its performance for the month of November this Thursday, posting a solid growth in trades on monthly comparison.
In particular, the volume traded in November increased by more than 100 percent compared with the previous month, which was the first full month of trading for the retail pan-European platform.
5.5m turbo24s traded in November on Spectrum
During the month, more than 5.5 million turbo24s were traded. From this investment product, indices represented around 88 percent of the traded amount and currencies and commodities made up 7 and 5 percent, respectively.
Turbo certificates allow traders to make money from market fluctuations with Leverage, they have a built-in stop loss, and positions are automatically closed once a predetermined price level is reached. For example, Turbo Long Certificates allow you to benefit from rising prices, whereas Turbo Short Certificates benefit from falling prices.
According to the statement released today, all underlyings on the platform are popular. The turbo24 volume on the DAX represents 33 percent of the total, followed by the S&P 500 with 19 percent and the Dow Jones with 10 percent.
As Finance Magnates reported, Spectrum is a Frankfurt-based subsidiary of the IG Group and the multilateral trading facility (MTF), offering 24/5 access to the markets for investors trading securitized derivatives.
Commenting on the performance, Nicky Maan, Spectrum's CEO, said: "Our second full month of trading has seen volumes increasing strongly across the breadth of underlyings – this demonstrates the attractiveness of our modern trading platform with its robust technology, lean product range and retail-focused venue approach.
“We’re deep into discussion with brokers and now with the vast majority of major issuers across Europe, where they are finding great interest in Spectrum. Our sales force is expanding as planned, as we start to build our key partnerships on Spectrum.”
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!