Brief: Flow Traders Q3 Net Trading Income Stable At EUR 53.3 Million Compared To Q2

Flow Traders

17/10/2019 06:52

Oct 17 (Reuters) - FLOW TRADERS NV  FLOW.AS :
    * FLOW TRADERS ETP VALUE TRADED GREW 12% QUARTER-ON-QUARTER
AND
21% YTD9M19 VERSUS YTD9M18
    * FLOW TRADERS RECORDED NTI OF €53.3M IN 3Q19 AS ROBUST
TRADING
PERFORMANCE IN EMEA AND APAC OFFSET WEAKER THAN EXPECTED TRADING
IN THE US
    * NET PROFIT FOR THE QUARTER WAS €12.9M WITH EPS OF €0.28
    * Q3 EBITDA EUR 19.5 MILLION
    * REGULATORY OWN FUNDS REQUIREMENT (OFR) AS AT 30 SEPTEMBER
2019
WAS EUR 158M, RESULTING IN AN EXCESS CAPITAL OF EUR 135M
    * IN Q3 FIXED INCOME TRADING PERFORMANCE IN US WAS NOT AS
EXPECTED, WHICH RESULTED IN LOWER NTI CONTRIBUTION FROM THIS
REGION
    * ON OTC FRONT MOMENTUM REMAINED STRONG AND WE EXPECT THIS
TO
CONTINUE WITH GROWING USE OF RFQ TOOLS

Source text for Eikon:  ID:nGNESkmsd 
Further company coverage:  FLOW.AS 

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