Trading

Poor results spark share slide at Dutch ETF house Flow Traders

Shares drop almost 8% after trading firm does worse than analysts were expecting

Flow Traders, an exchange traded funds market maker, posted a 74% drop in first-half net profits after recording lower trading revenues across Europe, the Americas and Asia.

Net profit fell to €33m in the six months to the end of June, compared with €126.8m in the first half of 2018, according to a July 24 statement.

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