In November 66.7 million securitised derivatives were traded. This represents a 19% increase over the previous month and sets a record. Daily records were set on November 4 and 10. On November 4, Spectrum recorded 13,187 transactions and on November 10, more than six million securitised derivatives were traded. The share of out-of-hours trading (i.e. 1730-0900) in November was 38%.
The breakdown of trading volume of securitised derivatives in November is as follows: 88.3% is attributable to indices (October: 85.6%), 8.1% to FX (October: 10%) and 3.6% to commodities (October: 4.4%).
The top traded underlyings were S&P 500 with a share of 24.2%, followed by the OMX with 23.6% and the DAX with a share of 19.7%. All 21 underlyings have been traded in November (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 the following countries: Germany, France, Italy, Spain, Sweden, Norway, the Netherlands, Ireland, 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 securitised derivatives aimed at financial institutions and their retail investors. Regulated by BaFin and MiFID II compliant, the exchange uses a uniquely open architecture system to allow investors to trade with increased choice, control and stability. Through its pan-European ISIN, 24/5 trading services and its own proprietary venue, Spectrum enables a guaranteed baseline level of liquidity over a range of products and is able to swiftly and safely match a significant number of orders and process multiple quotes every second. Further information can be found at spectrum-markets.com
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FTI Consulting
E-Mail: SpectrumMarkets@fticonsulting.com