Flow Traders NV
LSE:0R96
Flow Traders NV
Flow Traders NV engages in the provision of liquidity in exchange traded products. The company is headquartered in Amsterdam, Noord-Holland and currently employs 613 full-time employees. The company went IPO on 2015-07-10. Through its in-house technology platform, the Firm continuously quotes bid and ask prices for ETPs listed both on and off exchanges and in all asset classes. Flow Traders NV is a proprietary trading firm that operates through its offices: the Netherlands (Amsterdam) office covers the European markets, the Singapore office covers the Asia-Pacific markets, the United States (New York) covers the Americas markets, and the Romania (Cluj) office hosts part of the internal software development team.
Flow Traders NV engages in the provision of liquidity in exchange traded products. The company is headquartered in Amsterdam, Noord-Holland and currently employs 613 full-time employees. The company went IPO on 2015-07-10. Through its in-house technology platform, the Firm continuously quotes bid and ask prices for ETPs listed both on and off exchanges and in all asset classes. Flow Traders NV is a proprietary trading firm that operates through its offices: the Netherlands (Amsterdam) office covers the European markets, the Singapore office covers the Asia-Pacific markets, the United States (New York) covers the Americas markets, and the Romania (Cluj) office hosts part of the internal software development team.
Net Profit: Flow Traders reported full year net profit of EUR 133.6 million, with earnings per share of EUR 3.07.
Solid Trading Activity: ETP value traded rose 22% YoY in Q4 and 26% for the full year, reflecting robust market conditions and increased adoption.
Strong Margins: EBITDA margin was stable at 41% for both Q4 and the full year, highlighting operational efficiency.
Trading Capital Expansion: Trading capital increased 35% to EUR 1,044 million, following new credit facilities and a deliberate balance sheet expansion.
Expense Growth in Line: Fixed operating expenses increased 15% for the year, driven by tech investments and headcount, but were in line with guidance.
Guidance for 2026: Fixed operating expenses are expected to rise to EUR 220–230 million next year, mainly due to further tech investment and selective hiring.
Deep Learning Initiatives: Management highlighted ongoing deep learning projects aimed at enhancing trading strategies, with rollout expected over the coming quarters.
Crypto and Regional Growth: Firm continued to profit from crypto trading, with Asia (especially China) and Americas showing notable momentum.
