Pan-European trading venue, Spectrum Markets has tapped French economist and book author, Marc Touati to help it expand its profile in various economic and financial forums, the company announced this Tuesday.
Under the partnership, Touati will speak as a capital markets expert for Spectrum Markets, the company said in the statement, contributing to the company’s profile and brand awareness.
Touati, who is recognised for his expert commentary, leads French economic advisory company Aux Commandes De l’Economie et de la Finance (ACDEFI). Before he founded ACDEFI in France, Touati was the Chief Economist at the former Group Natexis Banques Populaires for twelve years.
Spectrum Markets to Leverage Marc Touati’s Knowledge
Commenting on the partnership, Nicky Maan, CEO of Spectrum Markets, said in the statement: “This partnership is extremely valuable to Spectrum Markets. Marc has a tremendous amount of market expertise as well as an extensive track record in the European financial industry. Being able to leverage his knowledge will be a great benefit to us.”
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Spectrum markets is a trading venue for securities derivatives and is part of the IG Group. The German multilateral trading facility (MTF) was launched in August of last year and offers leveraged turbo warrants (turbo24s), which cover indices, currencies, and commodities.
“As an advocate of on-venue trading, I have been watching Spectrum Markets’ progress since its launch a year ago,” added Marc Touati in the statement today.
“It is impressive to see how they have integrated innovative features, such as 24/5 on exchange trading, alongside regulatory compliance, without compromising the customer experience. I look forward to supporting Spectrum Markets in its journey as a future leader of retail trading.”
Today’s announcement follows on from Spectrum Markets announcing earlier this month that it had reached one million trades in August since its launch, driven by trading in indices, foreign exchange and commodities.
As Finance Magnates reported, the pan-European trading venue for securities derivatives posted an average monthly growth rate of 16 per cent. On average, 72 per cent of the instruments available on the venue were traded.