ETFs
Spectrum Markets makes ETFs available for European retail
- Spectrum Markets has expanded the products available for trading to include more than 1,700 ETFs from more than 30 fund providers, in addition to its existing offering of securitized derivatives products.
- Leading market maker in Germany, ICF BANK AG will be the exclusive liquidity provider for ETFs on the platform.
- Retail investors can now trade ETFs from 8:00 a.m. to 10:00 p.m. CET issued by global providers such as Amundi, Fidelity, Invesco, Franklin Templeton, HSBC, iShares or JP Morgan on Spectrum.
Spectrum Markets, the pan-European financial instruments trading platform, has announced that 1,757 exchange-traded funds (ETFs) are now available for trading.
Spectrum responds to the growing popularity of ETFs, which have attracted investor interest due to their diversification, liquidity and competitive fees. Additionally, Spectrum’s extended trading hours offering allows brokers to facilitate intraday trading for their retail investors, in a regulated trading environment. With its advanced infrastructure and technology, Spectrum has been able to innovate to meet the growing demand in this product class and expand its portfolio of available products.
Leading market maker in Germany, ICF BANK AG, the German securities trading bank, will provide liquidity to ETFs on Spectrum. Selected following a rigorous process, ICF BANK AG was chosen for its quality of execution, its availability in the order book and the quality of its pricing.
ETFs from over 30 leading global fund providers will be available for trading on Spectrum, including BNP Paribas, Goldman Sachs, Fidelity, Franklin Templeton, HSBC, iShares, JP Morgan, Legal & General, Pimco, State Street, UBS, Vanguard , or WisdomTree, during extended trading hours.
“ETFs are one of the most exciting product categories currently, so Spectrum is pleased to have been able to instantly meet this demand. This marks a significant milestone for brokers and retail investors across Europe, as they can now access a diverse range of ETFs from some of the most recognized providers through Spectrum. We remain committed to listening to our customers’ needs and ensuring they receive them in the most secure and transparent way possible, as we continue to expand our product range on site,” said Nicky Maan, CEO of Spectrum Markets.
“ICF’s substantial growth in recent years highlights our commitment to innovation and our search for partners who can deliver this. As a result, we believe the collaboration with Spectrum aligns perfectly with our international growth strategy. With a growing appetite for liquidity pools across Europe, we look forward to continuing our partnership with Spectrum and expanding our business beyond Germany and entering the wider European markets in the near future” , added Lars Lautenschläger, Managing Director of ICF BANK AG.
Source: Spectrum
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