Flow Traders : Q3 2022 looks set to be a normalised quarter; more upside to the NTI in the next upgrade cycle
>Expecting Q3 2022 NTI of € 84.6m and EBITDA of € 28.5m - After running our prop model of the global ETP market for July and August, we forecast Q3 NTI to come in at € 84.6m, slightly ahead of Q2 2022 and up 26% YoY. Our NTI forecast is based on normalised trading conditions for the month of September, subject to revision at the end of Q3 assuming we under- or overestimated market dynamics. We assume little in the way of gains (and losses) on NTI from crypto trading a...Flow Traders Cooperatief UA is a global technology-enabled liquidity provider, which specializes in Exchange Traded Products (ETPs). As a technology company operating in a financial services industry, Co. uses its proprietary technology platform to quote, bid and ask prices in thousands of ETP listings, as well as similar financial products. Co. also provides liquidity to institutional counterparties off-exchange across all regions. Liquidity provision makes markets more efficient and transparent, promoting better execution quality and lower overall trading costs for market participants.
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.
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