Slide 1: 2Q/1H 17 results Flow Traders N.V. Analyst Presentation
2Q/1H 17 results Flow Traders N.V. Analyst Presentation 28 July 2017 Amsterdam Cluj Hong Kong New York Singapore
Slide 2: Disclaimer
Disclaimer This presentation is prepared by Flow Traders N.V. and is for information purposes Forward-looking statements speak only as at the date at which they are made. Flow only and the material contained in this document is provided ‘as is’. It is not a Traders expressly disclaims any obligation
Slide 3: Flow Traders gained market share in challenging market conditions
Flow Traders gained market share in challenging market conditions 1H17 characterized by low market activity with the lowest volatility in over 30 years ETP market Flow Traders Underlying ETP market continued to grow ETP Value Traded in 1H17 showed strong growth Y-o-Y (+21%) despite continued challen
Slide 4: ETP market growth drivers intact, but continued low market activity in 1H17
ETP market growth drivers intact, but continued low market activity in 1H17 Global ETP Assets under Management grew 6% in Net inflow* trends show ongoing flows in Equity – Number of ETP listings continued to grow to new 2Q17 in US$ terms, remained flat in Euro’s and Fixed income ETPs in 2Q17 highs a
Slide 5: Continued outperformance relative to the market in 2Q17
Continued outperformance relative to the market in 2Q17 KPIs Flow Traders Flow Traders NTI (in €m) 2Q 1Q YTD YTD In €bn unless otherwise stated 2017 2017 ∆ Jun 17 Jun 16 ∆ Flow Traders ETP Value Traded 184.7 174.8 6% 359.5 298.1 21% 350.0 Europe 112.4 106.2 6% 218.6 191.0 14% 304.7 Americas 66.5 63.
Slide 6: Europe
EUROPE EMEA Amsterdam Cluj Hong Kong New York Singapore
Slide 7: EMEA back to growth, with market share gains
EMEA back to growth, with market share gains KPIs EMEA (Europe) Europe NTI (in €m) YTD YTD In €bn unless otherwise stated 2Q17 1Q17 ∆ Jun 17 Jun 16 ∆ 200 182.5 ETP AuM (end of period) (*) 607 595 2% 607 482 26% 180 33.4 157.5 EMEA ETP Value Traded (**) 226 233 (3%) 460 507 (9%) 160 140 44.4 113.7 Fl
Slide 8: Americas
AMERICAS AMERICAS Amsterdam Cluj Hong Kong New York Singapore
Slide 9: Continued market share gains despite slow markets; Progress made in OTC
Continued market share gains despite slow markets; Progress made in OTC KPIs Americas Americas NTI (in €m) YTD YTD In €bn unless otherwise stated 2Q17 1Q17 ∆ Jun 17 Jun 16 ∆ 80 ETP AuM (end of period)(*) 2,684 2,700 (1%) 2,684 2,112 27% 70 67.5 Americas ETP Value Traded(**) 4,137 4,255 (3%) 8,392 9,
Slide 10: Asia
ASIA APAC (Asia) Amsterdam Cluj Hong Kong New York Singapore
Slide 11: Development plans on track and maintained market share
Development plans on track and maintained market share KPIs APAC (Asia) APAC NTI (in €m) YTD YTD In €bn unless otherwise stated 2Q17 1Q17 ∆ Jun 17 Jun 16 ∆ 80 71.3 ETP AuM (end of period)(*) 313 315 (1%) 313 256 22% 70 APAC ETP Value Traded(**) 477 410 16% 887 1,017 (13%) 18.5 60 APAC ETP Value Trad
Slide 12: Financial Review
Financial Review Flow Traders | 2Q17 results 12
Slide 13: Fixed costs development and initiatives on track
Fixed costs development and initiatives on track 2Q 1Q 1Q17 vs YTD YTD YTD17 vs Consolidated (in €m) 2017 2017 2Q17 Jun 17 Jun 16 YTD16 Net Trading Income 46.7 48.3 (3%) 95.0 132.5 (28%) Employee expenses (fixed) 7.6 7.7 (2%) 15.4 12.4 23% Employee expenses (variable) 8.6 9.3 (8%) 17.9 32.9 (46%) Te
Slide 14: Capital position remains robust; Interim dividend set at €0.30
Capital position remains robust; Interim dividend set at €0.30 Condensed consolidated Financial Position Development of regulatory capital 400 Condensed Balance Sheet (In €m) ∆ 30 Jun 17 338.8 343.3 Assets 30 Jun 2017 31 Dec 2016 vs. 31 Dec 16 350 298.9 Trading Capital 273 343 (70) 300 280.3 273.0 P
Slide 15: Concluding remarks
Concluding remarks Flow Traders | 2Q17 results 15
Slide 16: Focus is on organic long term growth, while remaining cost conscious
Focus is on organic long term growth, while remaining cost conscious Consistently outperformed the market and will continue to benefit from positive secular trends over the longer term Strong operating model based on pricing excellence, technological superiority, risk focus and strong corporate cult
Slide 17: Questions?
Questions? Flow Traders | 2Q17 results 17
Slide 18: Thank you!
Thank you! Amsterdam Cluj HongFlow KongTradersNew | York Singapore
Slide 19: Appendix
Appendix Flow Traders | 2Q17 results 19
Slide 20: Consistently outperformed the market through varying market cycles
Consistently outperformed the market through varying market cycles Flow Traders’ NTI (in €m), Market’s AUM (€Bn) and VIX index (%) since 2010 NTI (€m) AUM (€bn)* NTI AUM 350 AUM CAGR (2010 – 2016): 16.7% 3,500 400.0 3,604 305 300 NTI CAGR (2010 – 2016): 31.7% 3,322 3,000 350.0 250 300.0 250 2,667 2,
Slide 21: Monthly markets update as published
Monthly markets update as published ETP Market Update June 2017 2017 2016 2015 Jun May Apr Mar Feb Jan Dec Nov Oct Sep Aug July June May Apr Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun On & Off Exchange Value Traded - Global (€bn) 1,769 1,557 1,515 1,918 1,408 1,573 1,872 2,136 1,456 1,759 1,455 1,495 1