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.
Financial Commission Approves Monstrade Giving Clients Mediation and €20K Coverage
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
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
