Tag: Spectrum Markets

Spectrum Markets
April 20, 2023 BY Steffy Bogdanova

Spectrum Markets order book turnover surpasses €1 billion in Q1

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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Spectrum Markets
February 21, 2023 BY Steffy Bogdanova

Spectrum Markets turnover jumps 147% in 2022 to €3.33 billion

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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Spectrum Markets
January 24, 2023 BY Steffy Bogdanova

Spectrum Markets sees 77% jump in Q4 turnover to €842 million

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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Spectrum Markets
December 14, 2022 BY Steffy Bogdanova

Spectrum Markets adds SocGen as a liquidity provider and a market maker offer new financial instruments in Spain and Scandinavia

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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October 27, 2022 BY Steffy Bogdanova

Spectrum Markets hires Ilja Rempel as Head of Risk

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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Spectrum Markets
October 19, 2022 BY Steffy Bogdanova

Spectrum Markets sees turnover jump of 136% in Q3

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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Spectrum Markets
July 15, 2022 BY Steffy Bogdanova

Spectrum Markets trading volumes up 96% in Q2 2022

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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Spectrum Markets
April 19, 2022 BY Steffy Bogdanova

Spectrum Markets turnover rises 188% in Q1 2022

Daily trading volumes also continued to increase steadily in Q1. The highest daily volume was registered on 8th March when more than 23,000 trades were placed amid heightened market activity linked to Russia’s war in Ukraine. Spectrum Markets reported record growth last year with nearly doubled its trading volume. The company’s turnover reached €1.35 billion…

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