I wasn’t too enthusiastic about the long term prospects of investing in Flow Traders. A quiet and boring year at the stock market would probably crush their earnings. Then again, it’s a well run firm which could surprise everybody. Anyway, the IPO was priced at the lower end of the range at €32 – whileRead more
Flow Traders is aiming for a valuation between €1.35 and €1.7 billion. That’s a lot, more than three times the market cap of a stock like Binck. It seems excessive for an IPO. After all the company made only 68m profit last year. That’s a multiple of more than 21. Not cheap. 2015 will beRead more
Optiver reported a record profit of € 246.9 million over 2014. This is better than the previous record from 2008 (€228 million) and once again they are the smartest kids in the room. They’ve beaten rival trading firms. Didn’t really come as a big surprise. Apart from an informed comment on this website, even tradersRead more
Flow Traders has been telling the press their IPO is planned this year “before the summer” and at Euronext Amsterdam. The Telegraaf has been reporting this last weekend (blendle – nl). It was also the only relevant piece of information, because the journalists have a very hard time understanding what the Flow Traders is actually doing.Read more
Quite some big news today. The Dutch high frequency trader Flow Traders is exploring an IPO. The firm is said to be valued over a $1.1 billion. The news broke just five days after Virtu announced to be reviving their IPO plans. It’s a bull market after all. Roger Hodenius and Jan van Kuijk foundedRead more
