Slide 1: Flow Traders Ltd. Q124 Trading Update Presentation
Flow Traders Ltd. Q124 Trading Update Presentation 25 April 2024 AMSTERDAM CLUJ HONG KONG LONDON MILAN NEW YORK PARIS SHANGHAI SINGAPORE Flow Traders |
Slide 2: Disclaimer
Disclaimer This presentation is prepared by Flow Traders Ltd. 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: 84% Annualized Return on Trading Capital in Q1 2024
84% Annualized Return on Trading Capital in Q1 2024 Return on Trading Capital Cumulative Dividends Paid (€m) 1,800 140 1,000 Return on trading capital (%) 121% Cumulative Dividends 1,600 Total trading capital (€m) 900 120 1,400 800 90% 90% 100 700 1,200 85% 84% 73% 71% 600 1,000 80 61% 59% 63% 500 8
Slide 4: Q124 Trading Update Snapshot
Q124 Trading Update Snapshot Q124 saw a slight improvement in market trading volumes but volatility remained subdued. ETP Value Traded (€bn) Total Value Traded (€bn) Total Income (€m) Summary Flow Traders Equity CCC NTI Market trading volumes improved in the Fixed income Other Market Other income
Slide 5: Global ETP Market Continues to Grow in Q124
Global ETP Market Continues to Grow in Q124 ETP Value Traded (€bn) * Average Implied Volatility (VIX) 15,085 GENERAL MARKET DEVELOPMENTS 60 13,676 55 Market ETP Valued Traded increased by 6% 11,640 50 11,411 11,349 11,714 11,979 y/y in Q124 vs. Q123 and 2% q/q vs. Q423. 10,948 10,666 45 9,872 10,1
Slide 6: Fixed Income and Crypto Market Dynamics
Fixed Income and Crypto Market Dynamics TRACE Volumes ($bn) US CDX Index US High Grade US High Yield BOND MARKET DEVELOPMENTS 600 IG (bps) HY (bps) 3,115 U.S. Investment Grade and High Yield bond 500 2,708 volumes increased in Q124 on both a 2,546 701 quarter-over-quarter and year-over-year 2,325
Slide 7: Continued Investment to Drive Strategic Growth while Focusing on Operational and Cost Efficiencies
Continued Investment to Drive Strategic Growth while Focusing on Operational and Cost Efficiencies Fixed operating expenses (€m)* EBITDA margin (%) FTEs Employee expenses (fixed) Trading Technology Other Technology expenses Other expenses 47 47 +8% -1% 43.6 43.9 43.6 36 660 667 653 658 646 40.4 633
Slide 8: Q&A
Q&A Flow Traders | Q124 Trading Update 8
Slide 9: Thank you!
Thank you! AMSTERDAM CLUJ HONG KONG LONDON MILAN NEW YORK Flow PARIS Traders |SHANGHAI SINGAPORE