Flow Traders Ltd.
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Publicatie datum
04 mei 2016 - 07:33
Statutaire naam
Flow Traders Ltd.
Titel
Flow Traders NV: FLOW TRADERS REPORTS FIRST QUARTER 2016 RESULTS
Bericht
FLOW TRADERS REPORTS FIRST QUARTER 2016 RESULTS
Amsterdam, the Netherlands, 4 May 2016 - Flow Traders N.V. ("Flow Traders") (Euronext: FLOW) today announced its 1Q16 results. The results show a continuation of our structural growth path. For 1Q16, ETP Value Traded for Flow Traders reached €151 billion[1][2] (+12% quarter-on-quarter) with strong performances in both Europe and the Americas, the biggest and most competitive ETP market in the world. In Asia, the performance was more moderate in 1Q16 on a quarterly basis, although 4Q15 performance was influenced by a one-off benefit. Overall, Net Trading Income came in at €64.6 million, in line with 4Q15. This is also a reflection of a shift in volumes traded towards more liquid, blue chip ETPs, which are usually characterized by relative tight spreads. Going forward, our focus will continue to be on organic growth by increasing the volumes we trade and optimizing our revenue capture, while we aim to grow at a faster pace than the growth of the ETP Assets under Management.
Flow Traders 1Q16 Key Highlights
Datum laatste update: 28 juli 2024