Spectrum Markets joins Germany’s bwf to strengthen the largest securities market in Europe

Rick Steves

“We are looking forward to the opportunity to contribute our perspectives to the discussions shaping the future of the industry. Germany is the largest securities market in Europe, and it is very important for us to see how the industry is embracing innovation and change.”

Spectrum Markets has joined the German Federal Association of Investment Firms (bwf) as its first new member in 2024, as part of its efforts to regulatory alignment, transparency, and investor protection in the securities industry.

The bwf, established in 2003, aims to represent and promote the interests of investment firms and institutions in Germany, focusing on national and European regulatory projects in financial services and capital markets law.

“Germany is the largest securities market in Europe”

Headquartered in Frankfurt, Germany, Spectrum Markets offers 24/5 trading and innovative products like Turbo24. It operates under MiFID II regulations, supervised by BaFin, and focuses on transparency, integration, and openness. Additionally, Spectrum publishes SERIX, a pan-European retail investor sentiment index.

Spectrum Markets is a subsidiary of IG Group and aims to enhance the trading experience for retail investors in Europe, offering a range of products and services tailored to their needs.

Nicky Maan, CEO of Spectrum Markets, said: “Joining forces with a leading association like bwf reflects our commitment to fostering better and more transparent practices, advocating for regulatory alignment and prioritising investor protection. We are looking forward to the opportunity to contribute our perspectives to the discussions shaping the future of the industry. Germany is the largest securities market in Europe, and it is very important for us to see how the industry is embracing innovation and change.”

Michael H. Sterzenbach, Secretary General of bwf, commented: “We are pleased to welcome Spectrum Markets as the newest member in 2024, marking a significant next step in our growth and influence within the financial landscape. Their innovative perspective and dedication to investor welfare align perfectly with our commitment to promoting transparent investment practices. We anticipate their valuable contributions to our initiatives aimed at advancing sound regulatory frameworks and industry standards.”

Spectrum Markets also partnered with Italy’s AMF and ACEPI

Spectrum Markets, a pan-European trading venue for securities, has been proactive in forging partnerships with industry associations, including the Italian Association of Financial Market Intermediaries (AMF Italia), the German Structured Securities Association (BSW), and the Italian Association of Certificates and Investment Products (ACEPI). These collaborations highlight Spectrum’s dedication to shaping industry standards and improving retail investor interests across Europe.

In September, Spectrum Markets partnered with Italian retail broker Directa SIM, which caters to over 61,000 users, collectively accounting for approximately €3.5 billion in customer assets.

Since its listing on Borsa Italiana in December 2021, Directa SIM has played a pivotal role in shaping Italy’s trading landscape. As a direct trading member of Spectrum, Directa SIM will leverage its proprietary technology to act as its settlement agent, ensuring seamless trading experiences for its customers.

One of the most notable outcomes of this partnership is the enhanced accessibility it offers to Italian retail investors, enabling them to engage in securitized derivatives trading on Spectrum’s platform. This move underscores Spectrum’s unwavering commitment to providing a robust platform for retail investors, with trading available 24 hours a day, five days a week.

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