Spectrum Markets, a pan-European trading venue for securitised derivatives, has released its latest Quarterly Business Update, revealing continued positive momentum as its business matures.
Second-quarter trading volume grew by 86 per cent year-on-year. Some 182 million securitised derivatives were traded on the exchange from April to June, compared to 98 million during the same period last year, underlining the firm’s continued strong growth.
Looking at the first half of this year presents an even stronger contrast when compared to 2020, with trading volume increasing 146 per cent year-on-year.
“Achieving strong and sustained organic growth continues to be one of our top priorities, so it’s great to see how far we’ve come since this time last year,” says Nicky Maan, CEO of Spectrum Markets. “Our 24/5 pan-European trading proposition has proved tremendously popular as the European retail investor community grows in size and sophistication, and we have a number of exciting new developments lined up for the months ahead.”
During Q2 2021, 34.2 per cent of individual trades took place outside of traditional hours (ie between 17:30 and 9:00 CET). Some 85.1 per cent of this activity was on indices, 8.9 per cent on currency pairs, and 6 per cent on commodities, with the top three traded underlying markets being OMX 30 (28 per cent), DAX 30 (23.6 per cent) and S&P 500 (11.4 per cent).
