Flow Traders goes live to make FX splash
With 700-plus approved counterparties and significant in-house flows from its ETP business, Flow Traders prepares to realise its FX ambitions
The handful of leading non-bank market-makers in foreign exchange have had a successful year so far, increasing their collective market share in spot FX at the same time as the iron grip of the top-five biggest banks erodes.
But, in November 2017, when Amsterdam-based trading house Flow Traders announced its intention to become a leading non-bank market-maker in FX, market participants took notice – because Flow Traders has two unique characteristics its peers lack: its own underlying flow; and
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