20 November 2015, AMSTERDAM, the Netherlands - Flow Traders N.V. ("the Company" or "Flow Traders") (Euronext: FLOW), have been named as Europe's 'Best bank/trading house or inter-deal broker for ETFs' in the 2015 ETF Risk European Rankings. 2015 is the third consecutive year that Flow Traders have been ranked number one in the ETF Risk European Rankings.
Commenting on the award, Sjoerd Rietberg, co-CEO of Flow Traders, said: "We are very proud to have once again received industry recognition for providing liquidity in the ETF market. Achieving the number one ranking for a third consecutive year is proof that the market values our positive impact as a liquidity provider and is a testament to the hard work of the entire Flow Traders team.
Dennis Dijkstra, co-CEO of Flow Traders, said: "The award is also vindication for our continued investment in innovation and shows our leading position in the industry."
The ETF Risk Rankings recognise excellence and innovation in the creation and distribution of ETFs. The rankings are awarded by industry, with institutional investors, consultants, trading houses, ETF issuers, research firms and exchanges from across Europe analysing the market and selecting the best ETF providers and products in the industry.
Flow Traders is a leading global technology-enabled liquidity provider specialising in exchange traded products ("ETPs"). The Company trades ETPs off-exchange with institutional investors across Europe and Asia, providing competitive quotes upon request. Flow Traders also provides liquidity in ETPs listed across the globe, and in all asset classes. The Company has been named Europe's number one Trading House for ETFs in the ETF Risk European Rankings over three consecutive years - 2013, 2014 and 2015.
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NOTES TO EDITORS
Contact Details
investor.relations@flowtraders.com
About Flow Traders
Flow Traders is a leading global technology-enabled liquidity provider that specializes in ETPs. We provide liquidity in ETP markets 24 hours a day while seeking to stay market neutral at all times and without having directional opinions. While we do not have any clients, we enable investors to buy and sell ETPs efficiently by quoting bid and ask prices. We seek to earn small amounts of money on large numbers of individual transactions based on the differences between our ETP prices and the prices of the underlying or related instruments. Investors benefit from our activities due to increased liquidity, higher execution quality and lower overall trading costs. As such, we contribute to more efficient and transparent securities markets. We provide liquidity in over 4,000 ETP listings across the globe, tracking all underlying asset classes, including equities, fixed income, commodities and currencies with access to over 90 trading venues in more than 30 countries. Flow Traders is headquartered in Amsterdam, the Netherlands, with trading offices in Asia and the US, covering all time zones. Flow Traders' shares are listed on Euronext Amsterdam (symbol: FLOW). For more information, please visit www.flowtraders.com.
Important legal information
This press release is prepared by Flow Traders N.V. and is for information purposes only and the material contained in this document is provided 'as is'. It is not a recommendation to engage in investment activities and you must not rely on the content of this document when making any investment decisions. The information in this document does not constitute legal, tax, or investment advice and is not to be regarded as investor marketing or marketing of any security or financial instrument, or as an offer to buy or sell, or as a solicitation of any offer to buy or sell, securities or financial instruments.
The information and materials contained in this press release are provided 'as is' and Flow Traders N.V. or any of its affiliates ("Flow Traders") do not warrant the accuracy, adequacy or completeness of the information and materials and expressly disclaim liability for any errors or omissions. This press release is not intended to be, and shall not constitute in any way a binding or legal agreement, or impose any legal obligation on Flow Traders. All intellectual property rights, including trademarks, are those of their respective owners. All rights reserved. All proprietary rights and interest in or connected with this publication shall vest in Flow Traders. No part of it may be redistributed or reproduced without the prior written permission of Flow Traders.
This press release may include forward-looking statements, which are based on Flow Traders' current expectations and projections about future events, and are not guarantees of future performance. Forward looking statements are statements that are not historical facts, including statements about our beliefs and expectations. Words such as "may", "will", "would", "should", "expect", "intend", "estimate", "anticipate", "project", "believe", "could", "hope", "seek", "plan", "foresee", "aim", "objective", "potential", "goal" "strategy", "target", "continue" and similar expressions or their negatives are used to identify these forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors because they relate to events and depend on circumstances that will occur in the future whether or not outside the control of Flow Traders. Such factors may cause actual results, performance or developments to differ materially from those expressed or implied by such forward-looking statements. Accordingly, no undue reliance should be placed on any forward-looking statements. Forward-looking statements speak only as at the date at which they are made. Flow Traders expressly disclaims any obligation or undertaking to update, review or revise any forward-looking statements contained in this press release to reflect any change in its expectations or any change in events, conditions or circumstances on which such statements are based unless required to do so by applicable law.
Financial objectives are internal objectives of Flow Traders to measure its operational performance and should not be read as indicating that Flow Traders is targeting such metrics for any particular fiscal year. Flow Traders' ability to achieve these financial objectives is inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond Flow Traders' control, and upon assumptions with respect to future business decisions that are subject to change. As a result, Flow Traders' actual results may vary from these financial objectives, and those variations may be material.
Efficiencies are net, before tax and on a run-rate basis, i.e. taking into account the full-year impact of any measure to be undertaken before the end of the period mentioned. The expected operating efficiencies and cost savings were prepared on the basis of a number of assumptions, projections and estimates, many of which depend on factors that are beyond Flow Traders' control. These assumptions, projections and estimates are inherently subject to significant uncertainties and actual results may differ, perhaps materially, from those projected. Flow Traders cannot provide any assurance that these assumptions are correct and that these projections and estimates will reflect Flow Traders' actual results of operations.
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