Spectrum Markets Q3 2021 Trading Volume Jumps 94%

Pan-European trading venue Spectrum Markets has published its financial results for the third quarter of 2021, which ended on September 30, reporting a strong growth in trading volume.

According to the press release, Spectrum Markets’s trading volume jumped 94% on a yearly basis during the period. From July to September, approximately 198 million securitized derivatives were traded on the exchange, compared to 102 million during the same period last year.

During Q3 2021, 33.3% of individual trades took place outside of traditional hours. 84.1% of this activity was on indices, 8% on currency pairs,7.7% on commodities, and 0.2% on equities, with the most traded underlyings being DAX 40 (28.6%), NASDAQ 100 (15.2%) and OMX 30 (15.1%).

“Delivering another strong quarter of organic growth in which we hit the one-billion milestone is a great way to see in our second birthday, and I’m very proud of the progress we have made in those two years,”said Nicky Maan, CEO of Spectrum Markets.

“We continue to make very good headway on our long-term growth plan, with the addition of Turbos on equities to our portfolio last month being a particular highlight,”Maan added.

For the last 12 months, Spectrum Markets’s trading volumes increased 173% year-on-year. The company is planning to expand its operations and trading infrastructure in the next 12 months.

Last quarter, securitized derivatives traded on Spectrum Markets came in at 182 million​, which is 86 percent up compared to the same period last year.