Slide 1: 1H19 results Flow Traders Analyst Presentation
AMSTERDAM CLUJ HONG KONG LONDON NEW YORK SINGAPORE 1H19 results Flow Traders Analyst Presentation 24 July 2019 Flow Traders |
Slide 2: Disclaimer
Disclaimer This presentation is prepared by Flow Traders N.V. and is for information purposes only and the Forward-looking statements speak only as at the date at which they are made. Flow Traders expressly material contained in this document is provided ‘as is’. It is not a recommendation to engage
Slide 3: 1H19 market developments confirm Flow Traders' strategic growth path
1H19 market developments confirm Flow Traders’ strategic growth path Flow Traders’ 1H19 market share grew further despite slow down in overall market trading activities ETP market Flow Traders’ performance Assets in the underlying ETP market (AuM) grew to € 4,731bn end Flow Traders’ ETP Value Tr
Slide 4: ETP market developments show a slowdown in 1H19 versus 2H18
ETP market developments show a slowdown in 1H19 versus 2H18 ETP Value Traded development ** GENERAL EVENTS IMPACTING GLOBAL MARKETS Realized market volatility since 2015* % 30 • Developments around Brexit had an impact on 9,000 8,454 market sentiment in Europe 8,000 25 • Discussions between US and C
Slide 5: Flow Traders' strong focus on scale and efficiency lead to further market share gains
Flow Traders’ strong focus on scale and efficiency lead to further market share gains KPIs Flow Traders (*) Europe In €bn unless otherwise stated 1H19 2H18 ∆ 1H19 1H18 ∆ Flow Traders ETP Value Traded in 1H19 grew versus 2H18 Flow Traders ETP Value Traded 494.0 456.0 8% 494.0 443.4 11% Flow Trade
Slide 6: Strong cost control supports financial performance in 1H19
Strong cost control supports financial performance in 1H19 Consolidated In milllions of euro 1H19 2H18 ∆ 1H19 1H18 ∆ Net Trading Income 117.0 116.5 0% 117.0 266.9 (56%) Employee expenses (fixed) 20.9 18.5 13% 20.9 17.6 18% Technology expenses 18.8 17.9 5% 18.8 17.5 8% Other expenses 7.6 10.8 (30%) 7
Slide 7: Capital position Flow Traders continues to be strong and conservative
Capital position Flow Traders continues to be strong and conservative CET 1 required levels under CRR – Flow Traders NV Development of Prime Broker solvency ratio* €mln HIGHLIGHTS ON CAPITAL POSITION Solvency ratio €mln • Flow Traders’ trading capital remained comfortably 500 above our Prime Broker
Slide 8: 2019 strategy is to build on pricing capabilities to maximize NTI growth
2019 strategy is to build on pricing capabilities to maximize NTI growth By growing scale and optimizing efficiency, NTI growth potential maximizes Coverage In scope No complete coverage 2250 1500 Counterparties Asset class 750 Equity Fixed Income Commodities Currencies 0 Products 2015 2016 2017
Slide 9: Strategic focus remains on efficiency and scale through diversification in 2020
Strategic focus remains on efficiency and scale through diversification in 2020 Foundation built in recent years leads to 4 strategic focus areas to enable growth globally through diversification Intensify and expand liquidity providing in Pricing ETPs and the underlying asset classes Excellence glo
Slide 10: Q&A
Q&A Flow Traders | 1H19 presentation (unaudited) 10
Slide 11: Thank you!
Thank you! AMSTERDAM CLUJ HONG KONG LONDON NEW FlowYORK Traders |SINGAPORE
Slide 12: Appendix
Appendix Flow Traders | 1H19 presentation (unaudited) 12
Slide 13: Monthly markets update end 2Q19
Monthly markets update end 2Q19 ETP Market Update June 2019 2019 2018 June May Apr Mar Feb Jan Dec Nov Oct Sept Aug Jul Jun May Apr Mar Feb Jan On & Off Exchange* Value Traded - Global (€bn) 1,853 2,228 1,761 2,116 1,696 2,281 3,033 2,321 3,100 1,545 1,699 1,629 1,880 1,794 1,870 2,080 2,478 1,983 O