Spectrum Markets increased its trading volume for six consecutive months of full trading. In March 26.6 million securitised derivatives were traded. This represents a 28% increase over the previous month and sets a record.
The share of out-of-hours trading (i.e. 1730-0900) was 42%, that’s a rise of two percentage points compared to February 2020.
The breakdown of trading volume of securitised derivatives in March is as follows: 90% is attributable to indices (February: 85.6%), 7% to FX (February: 6.8%) and 3% to commodities (February: 7.5%).
The top traded underlyings were DAX with a share of 23%, followed by the Nasdaq with 22% and the OMX with a share of 16%. All 20 underlyings have been traded in March (overview).
Spectrum Markets is a pan-European marketplace where retail investors can invest in structured products via their brokers. From its launch trading has been available in 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's 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
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E-Mail: SpectrumMarketsDACH@fticonsulting.com