Trading

HFT firm Flow Traders to IPO after profits double

The Dutch high-speed trading firm announced today that it plans to list on the Euronext Amsterdam exchange

Dutch high-speed trading firm Flow Traders has announced plans to list on the Euronext Amsterdam exchange, following a strong set of results that saw trading revenues more than double in the first three months of the year.

The offering will consist of a secondary sale of around 40% of Flow Traders' shares held by US private equity firm Summit Partners and other shareholders including Administratiekantoor Flow Traders, Avalon Holding and Javak Investments.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire