Spectrum Markets Provides Turbo Certificates on Selected Equities

Spectrum Markets, a pan-European trading venue for securitised derivatives, announced that it has introduced turbo certificates on selected equities from Europe and the U.S.

The official announcement mentioned that the products linked to 70 stocks are available on the platform. These stocks are the most popular from the U.S. and Europe like Alphabet, Amazon, and Tesla, alongside longstanding corporations like LVMH Group, The Coca-Cola-Company, AstraZeneca and Deutsche Bank.

Spectrum Markets added that the most represented sectors are IT and Finance. 19 stocks are related to IT while 11 stocks are related to the banking/financial sector.

Turbo certificates on stocks enable equity investors to hedge their positions. Due to the underlying leverage of turbo certificates, it also allows retail investors to invest just a fraction of the stock price to get exposure to the movements in the underlying equity price.

“In addition to indices, which account for around 40-45 percent of general trading volume on the main market places in Europe, equity turbos are traded by a good third of market participants via leveraged products,”said Eren Eraslan, Head of Product Innovation at Spectrum Markets.

“We have further expanded our range of products with this latest addition. The aim is to successively add a selective number of shares in response to customer demand," Eraslan added.

Earlier, Spectrum Markets has published its Q2 of 2021 Quarterly Business Update​, showing strong growth in trading volumes.