During H1 2024, Spectrum recorded 1.2 million trades. Its order book turnover declined by 15%, coming in at €1.5bn as opposed to the €1.7bn reported in H1 2023. Spectrum maintained that it remains resilient and focused on strategic growth despite this drop. The platform expanded its product range with approximately 1,800 exchange-traded funds (ETFs). Investors…
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Nicky Maan, Spectrum Markets CEO, said: We’ve had a very successful start to 2023, achieving another strong quarter of growth, and building on the foundations of our robust and innovative pan-European trading ecosystem to further enhance connectivity and expand our partner network. According to the numbers, the total value of order book turnover exceeded €1 billion…
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Nicky Maan, Spectrum Markets CEO, explained: Ever since we set out to offer a better way for retail investors to access markets, we’ve maintained a constant focus on enhancing and evolving our infrastructure and service offering, listening closely to what our customers want, and responding accordingly. The collaboration with ICE Data Services Italy is the…
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2022 milestones 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…
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According to the official announcement shared with LeapRate, the Q4 2022 turnover hit €842 million, jumping 77% compared to the same period previous year. The report further noted that out-of-hours trading remained active, accounting for 37% of all trades on the exchange. 85% of the traded derivatives was on indices. The most traded underlyings for…
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Nicky Maan, Spectrum Markets CEO, explained: We’ve always said we want to list only those products that are most interesting for European retail investors, focusing on what they are actually going to use, and the new products from Societe Generale certainly fit that mould. Offering more investment options in terms of duration, as well as…
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Ilja Rempel said: I am very pleased to join this innovative, high-tech trading venue. The regulatory challenges are constantly increasing, but the introduction of 24/5 turbo trading for cryptocurrencies at the beginning of May alone, as the first European trading venue, shows how far Spectrum has come here. Career background Ilja Rempel brings an extensive…
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Furthermore, the total value turnover for the quarter hit €836 million, recording an increase of 136% on yearly basis. During the second quarter of 2022, the company's total value of turnover stood at €879 million in Q2, up by 250% year-on-year. Nicky Maan, Spectrum Markets CEO, commented: I’m very happy to announce another strong quarter,…
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Nicky Maan, Spectrum Markets CEO, commented: We are very pleased to announce our strongest quarter to date. Spectrum is still growing in volume as we continue to introduce new innovations, all against a backdrop of a wider downturn in trading triggered by economic uncertainty. During the second quarter, the firm reported that 40.2% of individual…
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Nicky Maan, CEO of Spectrum Markets, said: We are proud to continue our track record of innovating to provide a better way for Europe’s retail investors, and this launch responds to very strong demand for versatile exposure to cryptocurrencies. He added: As well as being an easy way to access cryptocurrencies via their broker with…
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