Flow Traders sees 25% growth in fixed operating expenses this year

Flow Traders

22/07/2022 06:45

July 22 (Reuters) - Dutch trading services provider Flow
Traders  FLOW.AS  said on Friday it expected fixed operating
expenses to grow about 25% this year, as its total compensation
mix shifts towards higher levels of base compensation and a
strengthening U.S. dollar.
    The group, best known for market making in exchange-traded
products (ETPs), also announced a new share buyback programme of
up to 25 million euros ($25.47 million) over 12 months.
($1=0.9817 euros)

 (Reporting by Juliette Portala and Lina Golovnya; Editing by
Izabela Niemec and Clarence Fernandez)
 ((juliette.portala@tr.com ; +48 587 696 607))