Spectrum Markets, the pan-European trading venue for securitised derivatives, has become an associate member of the Italian Association of Certificates and Investment Products (ACEPI). This move positions Spectrum as the first Multilateral Trading Facility to align with ACEPI, showcasing its pioneering approach to collaborative industry advancements.

Spectrum Aims to Shape Industry Standards Through ACEPI Collaboration

Spectrum's associate membership with ACEPI underscores its commitment to fostering transparency and supporting retail investors in the structured retail products sector.

By participating in ACEPI's committees, Spectrum aims to contribute to the development of industry standards, particularly focusing on elevating investor education and protection within the securitised derivatives market.

Italy is recognized as the second-largest securitised derivatives market in Europe after Germany. Spectrum's collaboration with ACEPI reflects its keen interest in understanding and influencing how the industry embraces innovation and change in this significant market.

”Joining forces with a leading association such as ACEPI is a meaningful step forward for us, proving our dedication to fostering transparency, supporting retail investors, and advocating for industry interests."

"This membership, which follows the announcement of Spectrum being a supporting member of the German Association for Structured Securities (BSW - Bundesverband für strukturierte Wertpapiere) reinforces our effort to be an active part of the change. After Germany, Italy is the second largest securitised derivatives market in Europe and it is very important for us to see how the industry is embracing innovation and change,” Nicky Maan, the CEO of Spectrum Markets, commented.

Major Issuers and Transparency Rules Define ACEPI Membership

Established in 2006, ACEPI is the Italian Association of Certificates and Investment Products. It focuses on promoting responsible use and understanding of investment products, especially certificates. Key members include major issuers like Banca Akros, Banca Cesare Ponti, BNP Paribas, Intesa Sanpaolo, Leonteq, Mediobanca, Société Générale, UniCredit, and Vontobel, adhering to strict transparency rules.

ACEPI collaborates with market management firms, engages in regulatory discussions, and conducts financial education programs for advisors and bankers through accredited online courses. The association collects quarterly data on primary and secondary markets.

The website offers educational materials, the ACEPI Certificate Map categorizing certificate types, and a Certificate Selector for exploring products from member issuers. Overall, ACEPI plays a crucial role in shaping Italy's investment product landscape through transparency and collaboration.

“I am pleased to see the growth progression of our Association. Welcoming Spectrum Markets among the newest members is a gratifying step forward, confirming the leading role achieved by ACEPI in the financial industry. Their contribution introduces a different and innovative perspective that will bring further value to the Association's initiatives aimed at promoting the culture and conscious use of investment certificates”, Nicola Francia, the President of ACEPI, concluded.