Spectrum's report shows that investors want to trade outside traditional trading hours.
In addition, the trading venue's H1 2023 volumes increased 20% from the previous year.
Low
volatility in the stock markets in the second quarter had a negative impact not
only on the results of investors' portfolios but also on the revenues of
trading venues. This is confirmed by the financial results published today
(Tuesday) by Spectrum Markets, a securitized derivatives provider, which
reported a noticeable decline in activity in the second quarter. However, this
did not prevent the company from achieving record trading volumes for the
entire first half of 2023.
Interestingly,
the report also highlighted the significant importance of trading outside
conventional exchange operating hours.
Spectrum Markets Reports
Record First Half of 2023
The first
half of 2023 saw Spectrum Markets trade 787 million securitized derivatives,
marking a roughly a jump of 20% from the 657 million sold in H1 2022. On the
other hand, the Q2 dip was characterized by trading numbers at about 340
million, marginally less than the 357 million of the previous year.
"As
Spectrum enters the second half of the year, the business remains focused on
driving innovation, and we continue to invest heavily in enhancing and
expanding the foundations of our pan-European trading ecosystem and remaining
at the forefront of retail trading in Europe," Nicky Maan, the CEO of Spectrum
Markets, commented.
Securitized Derivatives Trader per Quarter. Source: Spectrum Markets
Beyond Nine-to-Five: Surge
in Off-Hours Trading
In
addition, Q2 2023's trading patterns revealed that 35.3% of individual trades
occurred outside conventional hours. Traders were the most active on indices
(79,2%), and the most dominant instruments were DAX 40 (25.3%), S&P 500
(20.8%), and NASDAQ 100 (18.8%).
This
confirms the industry-wide trend also visible among typically retail trading
firms, which have recently expanded their offerings to include trading in
stocks outside the traditional session hours.
In July, as
many as three firms, including eToro, Robinhood, and Interactive Brokers, offered
extended trading periods. The social trading giant now offers three additional
trading hours daily for the most popular Wall Street companies. In recent
months, Robinhood tested the 24-Hour Market service, which it implemented for
all its clients last month. It covers the 43 most popular stocks and ETFs.
On the
other hand, Interactive Brokers introduced overnight trading for 10,000 ETFs
and US stocks. This is available from 8:00 pm EST to 3:50 am ET, from Monday to
Friday.
Spectrum Expands Portfolio
and Partnerships
In
addition, Spectrum's product catalog has also expanded, with almost 18,000
instruments now available. This growth is part of the venue's strategy to evolve
continuously, fostering a wider array of products and increasing its European
retail investor base. Significant partnerships include welcoming UniCredit Bank
AG in May.
June was
another milestone month, with Spectrum supporting the German Derivatives
Association (DDV). This alliance offers Spectrum a chance to join industry
panels and working groups, facilitating a deeper understanding of regulatory
initiatives in the European market.
"We've
seen a drop in trading during the last three months, which isn't a huge
surprise considering the wider market environment right now. But I'm pleased
that, overall, with the record quarter we experienced in Q1, volume is still up
for the first half of the year," Maan added.
Spectrum closed
last year with a record, with turnover rising 147% to €3.33 billion. During
that time, the platform processed nearly 3.5 million transactions, and the total
trading volume grew by 68% from 848 million to 1.42 billion securitized
derivatives.
Low
volatility in the stock markets in the second quarter had a negative impact not
only on the results of investors' portfolios but also on the revenues of
trading venues. This is confirmed by the financial results published today
(Tuesday) by Spectrum Markets, a securitized derivatives provider, which
reported a noticeable decline in activity in the second quarter. However, this
did not prevent the company from achieving record trading volumes for the
entire first half of 2023.
Interestingly,
the report also highlighted the significant importance of trading outside
conventional exchange operating hours.
Spectrum Markets Reports
Record First Half of 2023
The first
half of 2023 saw Spectrum Markets trade 787 million securitized derivatives,
marking a roughly a jump of 20% from the 657 million sold in H1 2022. On the
other hand, the Q2 dip was characterized by trading numbers at about 340
million, marginally less than the 357 million of the previous year.
"As
Spectrum enters the second half of the year, the business remains focused on
driving innovation, and we continue to invest heavily in enhancing and
expanding the foundations of our pan-European trading ecosystem and remaining
at the forefront of retail trading in Europe," Nicky Maan, the CEO of Spectrum
Markets, commented.
Securitized Derivatives Trader per Quarter. Source: Spectrum Markets
Beyond Nine-to-Five: Surge
in Off-Hours Trading
In
addition, Q2 2023's trading patterns revealed that 35.3% of individual trades
occurred outside conventional hours. Traders were the most active on indices
(79,2%), and the most dominant instruments were DAX 40 (25.3%), S&P 500
(20.8%), and NASDAQ 100 (18.8%).
This
confirms the industry-wide trend also visible among typically retail trading
firms, which have recently expanded their offerings to include trading in
stocks outside the traditional session hours.
In July, as
many as three firms, including eToro, Robinhood, and Interactive Brokers, offered
extended trading periods. The social trading giant now offers three additional
trading hours daily for the most popular Wall Street companies. In recent
months, Robinhood tested the 24-Hour Market service, which it implemented for
all its clients last month. It covers the 43 most popular stocks and ETFs.
On the
other hand, Interactive Brokers introduced overnight trading for 10,000 ETFs
and US stocks. This is available from 8:00 pm EST to 3:50 am ET, from Monday to
Friday.
Spectrum Expands Portfolio
and Partnerships
In
addition, Spectrum's product catalog has also expanded, with almost 18,000
instruments now available. This growth is part of the venue's strategy to evolve
continuously, fostering a wider array of products and increasing its European
retail investor base. Significant partnerships include welcoming UniCredit Bank
AG in May.
June was
another milestone month, with Spectrum supporting the German Derivatives
Association (DDV). This alliance offers Spectrum a chance to join industry
panels and working groups, facilitating a deeper understanding of regulatory
initiatives in the European market.
"We've
seen a drop in trading during the last three months, which isn't a huge
surprise considering the wider market environment right now. But I'm pleased
that, overall, with the record quarter we experienced in Q1, volume is still up
for the first half of the year," Maan added.
Spectrum closed
last year with a record, with turnover rising 147% to €3.33 billion. During
that time, the platform processed nearly 3.5 million transactions, and the total
trading volume grew by 68% from 848 million to 1.42 billion securitized
derivatives.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
