Flow Traders: Rises after Q1 update, 'strong' trading volume

Flow Traders

16/04/2019 08:56

** Shares of Dutch electronic liquidity provider  FLOW.AS 
up c.4 pct after Q1 update
    ** Co reports Q1 net imcome at 63.1 mln euros, down from
74.1 mln euros q/q, but slightly better than 62 mln euros
expected by cons, according to KBC Securities 
    **"Given the negative sentiment in the past few weeks, we
see the market reacting moderately positive to these results,"
writes KBC
    ** Brokerage considers Flow Traders' traded volume Q1 to be
very strong, showing increased penetration in the US and Asia
markets
     

 ((Camille.raynaud@tr.com))