Spectrum Markets increases its trading volume for four consecutive months of fulltrading. In January this year, 12.88 million turbo24s were traded on the venue. This represents a 42% increase over the previous month. The share of out-of-hours trading (i.e. 1730-0900) was 37% (December 2019: 36%).
The breakdown of trading volume of turbo warrants in January is as follows: 84.8% is attributable to indices (December 2019: 81%), 9.2% to FX (December 2019: 15%) and 6% to commodities (December 2019: 4%).
The top traded underlyings were DAX with a share of 36%, followed by the S&P 500 with 14,6% and the DOW with 14,5%.
Spectrum Markets is a new pan-European marketplace where retail investors can invest in structured products. Since its launch, the products are already available in the following ten countries: Germany, France, Italy, Spain, Sweden, Norway, The Netherlands, Ireland, Finland and Belgium.
About Spectrum Markets
Spectrum Markets is the trading name of Spectrum MTF Operator GmbH. Headquartered in Frankfurt am Main, Germany, it is a pan-European trading venue for structured derivatives, offering a new way of dealing for the European retail market. The platform is designed to allow banks and brokers and their retail clients 24/5 trading services based on a transparent order book including pre- and post-trade information. Spectrum Markets' multilateral trading facility already offers a wide range of 'turbo24' products on indices, currencies and commodities and will be extended to other product classes in the near future. Please find further information under spectrum-markets.com
Media Contact
FTI Consulting
SpectrumMarketsDACH@fticonsulting.com