Spectrum Markets reports higher trading volume for Q4 2022

abdelaziz Fathi

Pan-European trading venue Spectrum Markets today reported that its Q4 trading volume grew by 41% year-on-year.

In aggerate, some 365 million securitised derivatives traded on the exchange from October to December. This compares to 258 million during the same period a year earlier.

Spectrum has seen a significant increase in trading volumes since its launch, with securitised derivatives traded accelerating from around 432 million in the first year of operation to over 848 million in 2021.

Spectrum also reported a total turnover of €842 million for the fourth quarter, an increase of 77% relative to Q4 2021’s metrics.

“I’m particularly pleased with the partnerships we announced last quarter and looking forward to seeing more developments, strengthening our growth ambitions for our venue in the year ahead. In 2023 we will further expand our range of products and partners, and continue to develop our ‘plug and play’ trading infrastructure around Europe, offering retail investors a new trading experience on Spectrum,” said Spectrum Markets CEO Nicky Maan.

Spectrum has recently inked two important partnerships with Societe Generale and Spanish derivatives broker iBroker. The company onboarded the French banking giant as its newest liquidity provider and market maker of newly issued financial instruments.

As an issuer of listed securitised derivatives, Societe Generale will enable its extensive network of financial institutions and brokers to offer their retail clients the opportunity to trade a series of daily constant leverage products and vanilla warrant products on Spectrum.

The alliance will increase the available range of instruments for retail investors in Finland, Norway, Sweden and Spain via their brokers or banks. Specifically, SocGen will initially issue and request admission for a range of new products on Spectrum Markets, bringing a significant new source of trading volume to the venue. It also opens the door to issuers on Spectrum requiring quick access to potential market making services.

Spectrum said these partnerships represent a significant milestone for its growth strategy and a new source of trading volume to the venue. The new opportunities are particularly appealing in the context of Spectrum’s single pan-European ISIN, through which investors get access to a deeper liquidity pool.

Read this next

Digital Assets

US court rules crypto trades as securities in Coinbase case

A US court ruled that trading crypto assets on platforms like Coinbase constitutes securities transactions.

Market News

Weekly Data: Oil and Gold: Brief Review before the NFP

This preview of weekly data looks at USOIL and XAUUSD where economic data coming up later this week are the main market drivers for the near short-term outlook.

Institutional FX

FXSpotStream reports lower volumes for February 2024

FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, reported its operational metrics for February 2024, which moved lower on a monthly basis.

Fundamental Analysis

Global FX Market Summary: EUR, USD, Gold March 4th,2024

US Dollar Weakness: The US Dollar (USD) is currently struggling to gain strength due to a combination of factors.

Technical Analysis

Bitcoin Technical Analysis Report 4 March, 2024

Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 69000.00 (former multiyear high from January)


Finding Opportunity in Challenge: Why New Regulations Offer a Chance For Business to Get on Top of Data Management

The combination of CESOP, PSD3 and the PSR, has put businesses under new pressures. In this engaging article, André Casterman, Senior Advisor at Intix provides invaluable guidance on how companies can stay ahead of the curve.

Institutional FX

Finalto launches Prime of Prime offering on LSEG’s FX Matching venue

“By combining our expertise in Prime of Prime services with LSEG’s robust trading platform, we aim to empower clients with the tools and resources needed to navigate the FX market with confidence.”

Digital Assets

Tether’s USDT stablecoin nears 100 billion in circulating supply

USDT, the world’s largest stablecoin, has reached close to 100 billion in circulating supply, currently sitting at around 99.5 billion. Its market capitalization, which reached over $100 billion at one point, is calculated by multiplying the supply by the price.

Market News

5 Hot Stocks For March 2024

Entering March 2024 marks the beginning of the final stretch of the first quarter of the year, seemingly passing swiftly amidst market anticipation and global economic factors.