Spectrum Markets: Q3 Trading Volumes Grew 94% on Previous Year

Trading Systems
07.10.2021 01:55 pm

- 198 million securitised derivatives traded in Q3 2021 compared to 102 million in Q3 2020

- Most traded underlyings were DAX 40, NASDAQ 100 and OMX 30

- Last 12 months’ trading volumes increased 173% year-on-year

Spectrum Markets, the pan-European trading venue for securitised derivatives, has released its latest Quarterly Business Update, revealing continued positive momentum as it reaches its two-year anniversary.

Third-quarter trading volume grew by 94% year-on-year. 198 million securitised derivatives were traded on the exchange from July to September, compared to 102 million during the same period last year, underlining the firm’s continued strong growth.

During the quarter Spectrum also saw the one-billionth securitised derivative traded, ahead of its second anniversary on October 3rd. Looking at the first two years of trading further illustrates the progress Spectrum has made, with the number of securitised derivatives traded in October 2020 to September 2021 increasing by 173% on the same period the year before.

“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.”

“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.”

During Q3 2021, 33.3% of individual trades took place outside of traditional hours (i.e. between 17:30 and 9:00 CET). 84.1% of this activity was on indices, 8% on currency pairs,7.7% on commodities, and 0.2% on equities, with the most traded underlyings being DAX 40 (28.6%), NASDAQ 100 (15.2%) and OMX 30 (15.1%).