Report
Flow Traders : Going for three strikes in Q1; NTI of € 127.1m and norm. EBITDA of € 59.5m
>Doing what it is supposed to do - We expect FLOW’s operating model to do what it is supposed to do in Q1 2023, which is: 1) to act as a hedge against sharp increases in market volatility; and 2) capture market opportunities across all asset classes in which it trades (ETP, fixed income, cryptos). Overall, we forecast NTI of € 127.1m in Q1 2023, up c.10% QoQ, and normalised EBITDA of € 59.5m, up 23.4% QoQ, implying a margin of 46.9%. In addition to volumes and spreads...
Underlying
FLOW TRADERS LTD
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Julian Dobrovolschi
Other Reports on these Companies
Other Reports from Oddo BHF
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.