Spectrum
Markets, the pan-European securities trading venue, announced today (Tuesday) that Baader Bank has become its newest trading member. This partnership will expand Spectrum’s presence in Germany while providing Baader’s growing
retail broker client base with access to extended trading hours and a wider
range of financial products.
Baader
Bank, a provider of securities and banking services in Europe with over four
decades of experience, will serve as an intermediary, facilitating client
trades on Spectrum’s trading venue. This collaboration comes as demand for
round-the-clock trading capabilities continues to rise among European retail
investors.
Spectrum Markets’ last-year reports showed that one in three of all transactions (32.3%) occurred after hours. Investors no longer want to trade only during set hours, and more companies, including eToro, Robinhood, and Interactive Brokers, are introducing extended trading times.
Spectrum Markets CEO, Nicky Maan
“Through
Baader, brokers will enjoy access to a broader range of products, during
extended hours, on a regulated trading venue,” said Nicky Maan, CEO of Spectrum
Markets. “We are seeing a global shift in demand for round-the-clock trading,
and this partnership means that Spectrum can tap into Baader’s extensive
network but also expands our presence in Germany.”
The
partnership is expected to benefit German retail investors by providing access
to Spectrum’s features, including 24/5 trading capabilities within a regulated
environment. Baader’s brokers will gain simplified connectivity to Spectrum’s
platform, streamlining the onboarding process and reducing costs.
Spectrum
Markets, headquartered in Frankfurt am Main, has been expanding its presence
across Europe since its launch in August 2019. The company operates as a MiFID
II regulated trading venue authorized and supervised by BaFin, offering a range
of financial instruments to retail investors in multiple European countries.
Spectrum Expands
Collaboration with German Institutions
Spectrum
Markets is not new to collaborating with German institutions. Just a month ago,
the company incorporated funds from more than 30 international fund providers,
enhanced by liquidity from German ICF BANK AG. This addition included over 1700
new ETFs, once again extending trading hours for retail investors.
Earlier in
the year, Spectrum also partnered with the Frankfurt-based Federal Association
of Investment Firms (Bundesverband der Wertpapierfirmen, bwf). By aligning with
bwf, Spectrum Markets seeks to offer its insights into discussions that shape
the future of the investment sector, focusing on forthcoming national and
European regulatory and legislative initiatives concerning financial services
and capital markets
Spectrum
Markets, the pan-European securities trading venue, announced today (Tuesday) that Baader Bank has become its newest trading member. This partnership will expand Spectrum’s presence in Germany while providing Baader’s growing
retail broker client base with access to extended trading hours and a wider
range of financial products.
Baader
Bank, a provider of securities and banking services in Europe with over four
decades of experience, will serve as an intermediary, facilitating client
trades on Spectrum’s trading venue. This collaboration comes as demand for
round-the-clock trading capabilities continues to rise among European retail
investors.
Spectrum Markets’ last-year reports showed that one in three of all transactions (32.3%) occurred after hours. Investors no longer want to trade only during set hours, and more companies, including eToro, Robinhood, and Interactive Brokers, are introducing extended trading times.
Spectrum Markets CEO, Nicky Maan
“Through
Baader, brokers will enjoy access to a broader range of products, during
extended hours, on a regulated trading venue,” said Nicky Maan, CEO of Spectrum
Markets. “We are seeing a global shift in demand for round-the-clock trading,
and this partnership means that Spectrum can tap into Baader’s extensive
network but also expands our presence in Germany.”
The
partnership is expected to benefit German retail investors by providing access
to Spectrum’s features, including 24/5 trading capabilities within a regulated
environment. Baader’s brokers will gain simplified connectivity to Spectrum’s
platform, streamlining the onboarding process and reducing costs.
Spectrum
Markets, headquartered in Frankfurt am Main, has been expanding its presence
across Europe since its launch in August 2019. The company operates as a MiFID
II regulated trading venue authorized and supervised by BaFin, offering a range
of financial instruments to retail investors in multiple European countries.
Spectrum Expands
Collaboration with German Institutions
Spectrum
Markets is not new to collaborating with German institutions. Just a month ago,
the company incorporated funds from more than 30 international fund providers,
enhanced by liquidity from German ICF BANK AG. This addition included over 1700
new ETFs, once again extending trading hours for retail investors.
Earlier in
the year, Spectrum also partnered with the Frankfurt-based Federal Association
of Investment Firms (Bundesverband der Wertpapierfirmen, bwf). By aligning with
bwf, Spectrum Markets seeks to offer its insights into discussions that shape
the future of the investment sector, focusing on forthcoming national and
European regulatory and legislative initiatives concerning financial services
and capital markets