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Soaring revenues add shine to Dutch HFT

Flow Traders, which is expected to be put up for sale, showed that its revenues nearly doubled last year at its Dutch office

A Dutch high-frequency trading firm – which is expected to be put up for sale following a strategic review – reported a near-doubling of revenues in its Amsterdam office last year.

Flow Traders BV reported a 97% increase in trading revenues to €112.4m in the 12 months ended 31 December 2011, according to accounts filed with the Netherlands Chamber of Commerce. Pre-tax profits increased from €6m to €38.3m.

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