The pan-European trading venue Spectrum Markets has published a full year update on its 2022 trading metrics revealing continued growth for the company.
According to the released figures, the trading volume for the year rose by 68% to 1.42 billion securitised derivatives traded compared to 848 million the previous year.
The total value of turnover hit €3.33 billion during last year, registering a 147% surge from 2021.
During last year Spectrum also unveiled a few partnership deals including a connectivity collaboration with SIA, a Nexi Group subsidiary, and Euronext Securities Milan.
Furthermore, the group added Italian investment banks Equita and Intermonte as members of its multilateral trading facility.
Additionally, Spectrum Markets also partnered with Societe Generale as a new issuer of listed securitised derivatives in Spain and the Nordic countries.
Nicky Maan, Spectrum Markets CEO, said:
Nicky Maan
The past 12 months have been very successful for us, and we’ve made great progress on our growth plans, notching up another record year, which is a testament to the hard work of the whole Spectrum team, and the ongoing support of our partners and members. We’ve made some big announcements already in 2022, and looking ahead, 2023 will be about continuing to develop our venue by further improving and extending connectivity options and trading infrastructure, as well as welcoming more members to the venue and exploring new product opportunities.
