Flow Traders

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Flow Traders
TypePublic
Euronext: FLOW
IndustryFinancial services
Founded2004
Headquarters
Amsterdam
,
Netherlands
Key people
Dennis Dijkstra (CEO)
ProductsSecurities trading, Market making, High-frequency trading
RevenueIncrease €933.4 million (2020)
Increase €586.6 million (2020)
Number of employees
554 (2020)
Websitewww.flowtraders.com

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

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.[citation needed]

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 and isolation requirements.[10] It reported breakout profits in the same year, with profits up 3543%.[11]

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 3543%". Quote (in nl-NL). Retrieved 2021-03-24.{{cite web}}: CS1 maint: unrecognized language (link)
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