Flow Traders is a
proprietary trading
Proprietary trading (also known as prop trading) occurs when a trader trades stocks, bonds, currencies, commodities, their derivatives, or other financial instruments with the firm's own money (instead of using depositors' money) in order to ma ...
firm. A
market maker
A market maker or liquidity provider is a company or an individual that quotes both a buy and a sell price in a tradable asset held in inventory, hoping to make a profit on the '' bid–ask spread'', or ''turn.'' The benefit to the firm is that ...
, it provides liquidity in the
securities market
Security market is a component of the wider financial market where securities can be bought and sold between subjects of the economy, on the basis of demand and supply. Security markets encompasses stock markets, bond markets and derivatives mar ...
by using
high frequency
High frequency (HF) is the ITU designation for the range of radio frequency electromagnetic waves (radio waves) between 3 and 30 megahertz (MHz). It is also known as the decameter band or decameter wave as its wavelengths range from one to ten ...
and
quantitative trading strategies. Originally founded in Amsterdam, Flow has offices in New York, London, Milan, Paris, Cluj, Singapore, and Hong Kong.
Activities
Flow Traders continuously quotes bid and ask prices for Exchange Traded Products (ETPs), options, fixed income products, and currencies. In 2019, Flow Traders announced that it would also begin trading cryptocurrencies.
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. As of 2020, Flow Traders is Europe's largest ETF market maker.
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
Euronext Amsterdam is a stock exchange based in Amsterdam, the Netherlands. Formerly known as the Amsterdam Stock Exchange, it merged on 22 September 2000 with the Brussels Stock Exchange and the Paris Stock Exchange to form Euronext. The ...
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.
Coronavirus Pandemic
During the 2020 Covid-19 pandemic, Flow set up tents in their offices to allow employees to continue trading despite lockdown. It reported breakout profits in the same year, with profits up 3543%.
See also
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Market maker
A market maker or liquidity provider is a company or an individual that quotes both a buy and a sell price in a tradable asset held in inventory, hoping to make a profit on the '' bid–ask spread'', or ''turn.'' The benefit to the firm is that ...
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Quantitative trading
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Proprietary trading
Proprietary trading (also known as prop trading) occurs when a trader trades stocks, bonds, currencies, commodities, their derivatives, or other financial instruments with the firm's own money (instead of using depositors' money) in order to ma ...
References
External links
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Companies listed on Euronext Amsterdam
Financial services companies of the Netherlands
Financial services companies established in 2004
Financial derivative trading companies