One billion securitised derivatives traded on Spectrum Markets since Launch

Trading Systems
30.09.2021 10:35 am

Key milestone reached in less than two years
Over 170% annual growth driven by new users and increased trading levels
Concentrated portfolio generates higher than average trading per instrument

Spectrum Markets, the pan-European trading venue for securitised derivatives announced that it has hit the milestone of one billion securitised derivatives traded on the platform since it launched nearly two years ago.

The strong growth has been driven by new users as well as increased trading activity, especially among younger traders, and those seeking to profit from higher levels of market volatility and a rapidly-evolving macro and corporate landscape.

Trading volumes on Spectrum have accelerated significantly since launch, with over 750 million securitised derivatives traded in the last 12 months, compared to just under 280 million in the first year of operation, representing an annual increase of more than 170%.

Investors continue to take advantage of Spectrum’s 24/5 offering, with more than one third of all trades taking place outside of traditional hours (i.e. between 17:30 and 9:00 CET).

The decision to focus on listing a smaller selection of the most popular products has also proved fruitful, delivering much more concentrated trading activity across the range. When compared against wider European industry averages for similar instruments, average reference trading for products listed on Spectrum is higher by double-digit multiples.

“I’m delighted to have reached this important milestone in less than two years, and it’s a real testament to the hard work of our team and the clear demand among European retail investors for a better way to trade,” said Nicky Maan, CEO of Spectrum Markets.

“We’ve definitely been helped by high levels of volatility and the number of new traders entering markets during the pandemic, but more broadly our overall growth strategy is very much on track and we look forward to accelerating in the months and years ahead as additional brokers, issuers and technology partners join us on this journey.”