ETP leader reckons on risk reduction to crack FX market

Flow Traders is confident that the approach that has made it the leading player in the European exchange-traded products (ETP) market can be replicated in FX as it looks to cash in on increased interest in non-bank market makers.

Flow Traders’ financial results for the first half of this year underlined its status as a European ETP powerhouse.

The firm traded €448.7 billion of ETPs between January and June, and while a report published earlier this year by Cboe Europe acknowledges that the number of trades that go unreported makes it difficult to determine the exact value of the market, it is estimated that the Amsterdam-based algorithmic trader handles approximately one third of all exchange-traded fund (ETF) trades in Europe.

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