Baader Bank Joins Spectrum Markets for 24/5 Trading Access

Baader Bank has joined Spectrum Markets as a new trading member, boosting the pan-European trading venue's retail-focused capabilities. Given Baader's growing retail broker customer base, this agreement considerably expands Spectrum's presence in Germany. This relationship provides Baader's brokers with direct access to Spectrum's trading platform, cementing Baader's position as a middleman in enabling transactions on Spectrum Markets.

The German securities and financial services organization will enable customer transactions on Spectrum Markets' platform, employing Spectrum's innovative technologies. This solution streamlines connecting for new trade partners, speeding up the onboarding process and lowering expenses. The growing desire for longer trading hours among Baader's customers, a trend that is spreading throughout the European retail investing scene, is a primary motivator for this collaboration.

Contents

01

Global Shift in Trading Demand

02

Expanding Partnerships and Initiatives

03

Increased Trading Volume and Shifts in Trading Patterns

04

Innovative Products and Services

Global Shift in Trading Demand

Spectrum Markets provides 24/5 trading capacity, enabling ordinary investors to trade outside of regular business hours in a regulated environment. Nicky Maan, CEO of Spectrum Markets, commented, “The Spectrum team is excited to collaborate with Baader Bank. This agreement demonstrates our dedication to provide a better trading experience for European retail clients. Baader's brokers will benefit from longer hours and access to a broader selection of goods in a regulated environment. We are seeing a worldwide movement toward round-the-clock trading, and this agreement allows us to use Baader's huge network to increase our footprint in Germany.”

Expanding Partnerships and Initiatives

Spectrum Markets celebrated its fourth year with a number of notable projects and collaborations. UniCredit Bank GmbH joined as a member, broadening the options offered to individual investors. This move dramatically boosted the number of products offered on Spectrum for European retail traders, indicating an expansion of its services.

Spectrum has teamed with Directa, an independent Italian retail broker, and ICE Data Services Italy, a subsidiary of Intercontinental Exchange, Inc., to improve the accessibility of its reference data. Spectrum has joined the German Structured Securities Association and the Italian Association of Certificates and Investment Products, which are both European securities organizations.

Increased Trading Volume and Shifts in Trading Patterns

Spectrum Markets' trading volume increased by 14% in 2023 compared to the previous year, reaching 1.62 billion securities from 1.42 billion. This expansion happened amid difficult market circumstances and uncertainty. Notably, 34% of deals during the third quarter happened outside of normal trading hours. Indexes were the most popular product traded, accounting for 87.6% of all transactions, followed by currency pairings, commodities, stocks, and cryptocurrency-based goods. The DAX 40, NASDAQ 100, and S&P 500 were the most actively traded underlying assets.

Innovative Products and Services

Spectrum Markets, based in Frankfurt, Germany, provides 24/5 trading and unique solutions such as Turbo24. Spectrum, which operates under MiFID II standards and is monitored by BaFin, focuses on transparency, integration, and openness. Spectrum also produces SERIX, a pan-European retail investor mood index.

Spectrum Markets, a part of IG Group, is committed to improving the trading experience for European retail investors. It provides a variety of goods and services tailored to the requirements of retail investors, maintaining its position as the region's top trading venue.