Flow Traders

Flow Traders is a proprietary trading firm.[1] A market maker, it provides liquidity in the securities market by using high frequency and quantitative trading strategies.[2] Originally founded in Amsterdam, Flow Traders also has offices in New York, London, Milan, Paris, Cluj, Shanghai, Singapore, and Hong Kong.[3][4]

Flow Traders
TypePublic
Euronext Amsterdam: FLOW
ISINBMG3602E1084
IndustryFinancial services
Founded2004
Headquarters
Amsterdam
,
Netherlands
Key people
Mike Kuehnel (CEO)
ProductsSecurities trading, Market making, High-frequency trading
RevenueIncrease €933.4 million (2020)
Increase €586.6 million (2020)
Number of employees
600 (2022)
Websitewww.flowtraders.com

Activities

Flow Traders continuously quotes bid and ask prices for Exchange Traded Products (ETPs), options, fixed income products, and currencies.[5] In 2019, Flow Traders announced that it would also begin trading cryptocurrencies.[6]

One of the world's largest ETP market makers, it provides liquidity for more than 13,000 ETP listings across North America, Europe, and Asia Pacific.[7] As of 2020, Flow Traders is Europe's largest ETF market maker.[8]

In April 2020, Flow Traders established the Flow Traders Foundation, a charitable foundation that focuses on poverty alleviation. https://flowtradersfoundation.org/

IPO

The company filed for an initial public offering on Euronext Amsterdam on 10 July 2015. The shares were placed at a price of €32 each, with Flow valued at approximately €1.5 billion. Flow Traders floated up to 40% of the company.[9]

Coronavirus Pandemic

During the 2020 COVID-19 pandemic, Flow set up tents in their offices to allow employees to continue trading despite lockdown.[10] It reported breakout profits in the same year, with profits up 3543%.[11]

Change of Corporate Holding Structure

On 13 January 2023 Flow Traders announced the completion of the update of its corporate holding structure. As a result of the corporate holding structure update, Flow Traders' ultimate holding company is now Flow Traders Ltd and its shares remain on Euronext Amsterdam.[12]

See also

References
  1. Albergotti, Reed (2013-08-25). "Indictments Expected in Alleged Trading Code Theft". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-03-22.
  2. "Virtu Financial, Flow Traders rise in volatile trade". www.ft.com. Retrieved 2021-03-17.{{cite web}}: CS1 maint: url-status (link)
  3. "Dutch Speed Trader Is Taking on Citadel in U.S. ETF Market". Bloomberg.com. 2016-09-23. Retrieved 2021-03-17.
  4. "Trading firm Flow Traders to seek listing". www.ft.com. Retrieved 2021-03-17.{{cite web}}: CS1 maint: url-status (link)
  5. "Banks and fund managers come back for another bite at bitcoin". www.ft.com. Retrieved 2021-03-17.{{cite web}}: CS1 maint: url-status (link)
  6. "Bitcoin's second coming makes Wall Street think again on crypto". www.ft.com. Retrieved 2021-03-17.{{cite web}}: CS1 maint: url-status (link)
  7. SEC. "Flow Traders U.s. Llc 2020 Annual Report X-17A-5". SEC.report. Retrieved 2021-03-17.
  8. Hadfield, Will. "Europe's biggest ETF trader reports blowout profits on Covid market volatility". www.fnlondon.com. Retrieved 2021-03-17.
  9. Bray, Chad (2015-06-30). "Flow Traders I.P.O. Could Value Dutch Firm at Up to $1.9 Billion (Published 2015)". The New York Times. ISSN 0362-4331. Retrieved 2021-03-17.
  10. "Company in self-isolation in Amsterdam: 'We have set up tents'". Amsterdam Daily. Retrieved 2021-03-24.{{cite web}}: CS1 maint: url-status (link)
  11. Molenaar, Door Jeroen (2020-04-21). "'Happy campers' van Flow Traders maken winstsprong van 35431%". Quote (in Dutch). Retrieved 2021-03-24.
  12. Bloomberg. "Flow Traders Ltd: COMPLETION OF THE CORPORATE HOLDING STRUCTURE UPDATE". www.bloomberg.com/. Bloomberg. Retrieved 19 January 2023.
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