back Back
Seeking to raise capital? Seeking to invest? Click Here & Express your early interest to be a part of IBS Intelligence’s new fund initiative.

Spectrum Markets introduces Turbo Certificates on selected Equities

By Edlyn Cardoza

September 06, 2021

Share

Spectrum Markets, Europe, USA, Treasury and Capital MarketsSpectrum Markets, the pan-European trading venue for securitised derivatives, is offering investors another trading opportunity using turbos. In addition to indices, foreign exchange and commodities, products linked to selected equities from Europe and the U.S. are now tradable.

“In addition to indices, which account for around 40-45 percent of general trading volume on the main marketplaces in Europe, equity turbos are traded by a good third of market participants via leveraged products”, explains Eren Eraslan, Head of Product Innovation at Spectrum Markets. “This is our response to a growing demand.”

At launch, products linked to 70 stocks are available on the platform. These stocks are the most popular from the U.S. and Europe, which currently see high trading volume through securitised derivatives, were selected for this purpose.

“Usually, it is only a small number of stocks that account for about 90 percent of the trading volume,” Eraslan continues. “An analysis in the affiliated countries of our pan-European trading platform – including Germany, France, Italy, Spain, Sweden, Finland, Norway, the Netherlands, Ireland and Belgium – clearly indicates as much.”

Currently the best represented sectors are IT (19 stocks), bank/finance (11 stocks) and commerce/e-commerce (8 stocks). Stocks include well-known tech favourites like Alphabet, Amazon, and Tesla, alongside longstanding corporations like LVMH Group, The Coca-Cola-Company, Astra Zeneca, and Deutsche Bank. Investors will also be able to access niche innovators like plant-based meat substitute maker Beyond Meat, Dutch payments group Adyen, and Chinese electric vehicle company NIO.

Turbo certificates on stocks enable as well equity investors to hedge their positions. Due to the underlying leverage of turbo certificates, it also allows retail investors to invest just a fraction of the stock price to get exposure to the movements in the underlying equity price.

“We have further expanded our range of products with this latest addition. The aim is to successively add a selective number of shares in response to customer demand,” says Eraslan.

Previous Article

September 06, 2021

Future FinTech signs term sheet to acquire supply chain software business

Read More
Next Article

September 07, 2021

Kaspersky detects over 1,500 fraudulent resources targeting Crypto users

Read More










IBSi Daily News Analysis

The Weekly Wrap

August 19, 2022

The Weekly Wrap: all you need to know by Friday COB | August 19th

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

August 19, 2022

6 FinTech Tweets you should see!

Read More

August 19, 2022

Staircase launches Credit Waterfall for mortgage lenders

Read More

August 19, 2022

PalmPay launches Wallet Safe Workshop to spread payment security awareness

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
IBS Intelligence - Global Digital Banking Vendor & Landscape Report Q2 2022
Global Digital Banking Vendor & Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Wealth Management & Private Banking Systems Report Q2 2022
Wealth Management & Private Banking Systems Report Q2 2022

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q2 2022

£1,500.00 / year

Know More
IBS Intelligence - Treasury & Capital Markets Systems Report Q2 2022
Treasury and Capital Markets Systems Report 2022

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022