Spectrum Markets Welcomes Societe Generale as Liquidity Provider and Market Maker

Spectrum Markets (Spectrum), the pan-European trading venue for securitised derivatives, announced today that Societe Generale would act as liquidity provider and market maker of its newly issued financial instruments.

These new offerings include daily constant leverage products and vanilla warrant products, which will be available to retail investors in Finland, Norway, Sweden and Spain via their broker or bank.

According to the official press release, Societe Generale plans to list several thousand instruments on the venue, based on customer demand in the aforementioned countries. Further, it is intended to introduce other retail investment products in the future. Spectrum will manage a unique, international order book for each individual instrument listed by Societe Generale.

This announcement drives Spectrum's strategy of hosting a focused suite of products linked to the most actively traded underlyings by offering more options on the type and duration of investment.

"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 underlyings, is a priority for us going forward, and we expect this to significantly contribute to trading volumes and liquidity," explained Nicky Maan, Spectrum Markets CEO.

Didier Imbert, Head of Public Distribution Europe for Societe Generale, said, "Spectrum Markets' reach and expanding retail investor base, as well as the extended trading hours on a state-of-the-art order matching model, make them an attractive partner for us as we grow our listed securitised derivatives business internationally."

Last month, Fazzaco reported that iBroker​, the Spanish online multi-product broker specialising in derivatives, has joined Spectrum Markets as a new member, to extend its current offering to include securitised derivatives, with retail investor clients in Spain and Italy able to trade these via Spectrum.