Spectrum Markets has joined the German Derivatives Association (DDV) as a supporting member. The membership will enable the pan-European trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term to support the initiatives of the association in improving the regulations of the derivatives market.

Nicky Maan, the CEO of Spectrum Markets, commented about the membership, saying: "The DDV membership is a significant strategic step forward for us as it opens up opportunities to participate in the industry committees and working groups and to share expertise developed from our pan-European trading network."

DDV's Membership

Founded in 2008, DDV represents corporations that issue structured securities in Germany and Europe. Some of its members are Barclays, Deutsche Bank, Citigroup, BNP Paribas, Morgan Stanley, and JP Morgan. The association has offices in Berlin and Frankfurt.

According to the statement issued by Spectrum, one of the objectives of DDV is to enable more members to issue structured securities. The association promotes the transparency of structured products as well as protects investors. Furthermore, DDV promotes self-regulation and sets industry standards in partnership with its members and the supporting members.

Most recently, Spectrum has entered into several business partnerships in Europe as part of its geographical expansion strategy. Finance Magnates reported in April that the trading venue was partnering with ICE Data Services Italy, a subsidiary of Intercontinental Exchange.

The partnership aims to enable ICE Data Services' users to access Spectrum's reference data alongside financial news and information websites. The collaboration is part of Spectrum's plans to enhance its infrastructure and expand its services to other regions in Europe.

Spectrum Markets' Geographical Expansion

Additionally, Spectrum entered into a partnership with Societe Generale last year. The collaboration enabled the trading venue to tap the services of the financial services giant as a market maker and liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider for some of its financial instruments.

The geographical expansion of Spectrum Markets has increased the performance of the trading venue. In the report for the first quarter of the year, Spectrum Markets disclosed year-over-year growth of 49% in trading volumes. Similarly, the company reported a significant increase in the demand for its services.

Headquartered in Frankfurt, Spectrum offers securitized derivatives for financial institutional clients as well as retail investors. The company has a presence in Italy, France, Spain, Norway, and the Netherlands, among other countries.