Flow Traders announces Q2 financial results: trading capital is 624 million euros, net trading income is 79.5 million euros
European market maker Flow Traders has released its unaudited financial report for the second quarter of 2024. In Q2 2024, Flow Traders' net trading income was €79.5 million, total revenue was €76.2 million, total operating expenses were €55.2 million, and net profit was €12.8 million. As of the end of Q2 2024, Flow Traders' trading capital was €624 million, generating a 56% return on trading capital. Flow Traders CEO Mike Kuehnel said that they will continue to collaborate in the TradFi and DeFi ecosystems, and actively seek new partnerships to support the adoption of digital assets. Previously, Flow Traders assisted the German government in selling BTC, and recently confirmed that it is the primary market maker for 21Shares Ethereum spot ETF.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
July 2024: Optimizing Balanced Through New Development
In July, ICON advanced its integration efforts and optimized system performance. Key achievements including completion of audits for Stellar, and contracts for Solana. Looking ahead to August we anticipate the deployment of Sui contracts to mainnet.|
MAX Score Airdrop Event Reward Allocation and Claim Guide
Dogs: There will be something for DOGS player on August 14th
Hamster News | July 23
