Spectrum Markets Reports 94% Growth in Trading Volumes during Q3 2021

Thursday, 07/10/2021 | 12:17 GMT by Bilal Jafar
  • Between July and September, nearly 198 million securitized derivatives were traded on the exchange.
Spectrum Markets Reports 94% Growth in Trading Volumes during Q3 2021
FM

Spectrum Markets, the pan-European trading venue for securitized derivatives, published its recent quarterly business update today. During Q3 of 2021, trading volumes jumped by 94% YoY.

According to the numbers, approximately 198 million securitized derivatives were traded on the Exchange during the latest quarter, which is substantially higher compared to 102 million during the same period last year.

In Q3 of 2021, 33.3% of individual trades took place outside of traditional hours. Nearly 84.1% of this activity was on indices, 8% on currency pairs, 7.7% on commodities and 0.2% on Equities . In the recent quarter, the most traded underlying assets were DAX 40 (28.6%), NASDAQ 100 (15.2%) and OMX 30 (15.1%).

“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.”

Since the start of 2021, Spectrum Markets reported significant growth in the overall trading volumes. In the second quarter of 2021, Spectrum’s trading volumes grew 86% compared to the same period in 2020.

Outlook

Spectrum Markets is planning to expand its operations and trading infrastructure in the next 12 months. In addition, the pan-European trading venue aims to enhance its product offering. “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,” Maan said.

Spectrum Markets is the trading name of Spectrum MTF Operator GmbH. With headquarters in Germany, Spectrum Markets is regulated by BaFin. Furthermore, it is MiFID II compliant. The exchange uses a uniquely open architecture system to allow investors to trade with increased choice, control and stability.

Spectrum Markets, the pan-European trading venue for securitized derivatives, published its recent quarterly business update today. During Q3 of 2021, trading volumes jumped by 94% YoY.

According to the numbers, approximately 198 million securitized derivatives were traded on the Exchange during the latest quarter, which is substantially higher compared to 102 million during the same period last year.

In Q3 of 2021, 33.3% of individual trades took place outside of traditional hours. Nearly 84.1% of this activity was on indices, 8% on currency pairs, 7.7% on commodities and 0.2% on Equities . In the recent quarter, the most traded underlying assets were DAX 40 (28.6%), NASDAQ 100 (15.2%) and OMX 30 (15.1%).

“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.”

Since the start of 2021, Spectrum Markets reported significant growth in the overall trading volumes. In the second quarter of 2021, Spectrum’s trading volumes grew 86% compared to the same period in 2020.

Outlook

Spectrum Markets is planning to expand its operations and trading infrastructure in the next 12 months. In addition, the pan-European trading venue aims to enhance its product offering. “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,” Maan said.

Spectrum Markets is the trading name of Spectrum MTF Operator GmbH. With headquarters in Germany, Spectrum Markets is regulated by BaFin. Furthermore, it is MiFID II compliant. The exchange uses a uniquely open architecture system to allow investors to trade with increased choice, control and stability.

About the Author: Bilal Jafar
Bilal Jafar
  • 2440 Articles
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About the Author: Bilal Jafar
Bilal Jafar holds an MBA in Finance. In a professional career of more than 8 years, Jafar covered the evolution of FX, Cryptocurrencies, and Fintech. He started his career as a financial markets analyst and worked in different positions in the global media sector. Jafar writes about diverse topics within FX, Crypto, and the financial technology market.
  • 2440 Articles
  • 83 Followers

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