q2K BHP
Black History Portal
THE BHP WIRE —
HIDDEN TRUTHS
What's New!
THE JOURNEY THROUGH TIME

Explore Black History

Explore the people, places, events, achievements, struggles and stories that shaped our journey.

✊🏾

Civil Rights

Movements, leaders, victories and the continuing fight for equality.

⚙️

Black Inventors

Innovation, patents, science, technology and world-changing contributions.

🏆

Sports

Pioneers, champions, Negro Leagues, records, activism and excellence.

♟️

People

Meet the people whose lives, choices and achievements shaped the journey.

📍

Places

Black towns, communities, institutions and places where history happened.

📜

Events

Moments that changed communities, movements, institutions and the nation.

Enter a person, place, event, or topic.
MY'STORY

The MOVE Fire

This is a personal recollection on the Move fire on May 13, 1985 Philadelphia police fired thousands of rounds at the MOVE house, city officials approved dropping an explosive device on the roof, the resulting fire was allowed to burn, 11 people—including five children—died, and 61 homes were destroyed. Philadelphia City Council later called it a “brutal attack carried out by the City of Philadelphia on its own citizens” and acknowledged that no individual faced criminal consequences for the bombing. One timeline correction worth preserving for the BHP record: the major previous MOVE-police confrontation was August 8, 1978, about seven years before the bombing, not a year or two earlier. Officer James Ramp was killed, other police and firefighters were wounded, nine MOVE members were later convicted, and television cameras recorded police beating Delbert Africa during his arrest. The 1985 MOVE Commission later specifically criticized city planners for failing to adequately use lessons from that 1978 confrontation. And that actually strengthens the point you’re making: 1985 did not happen without precedent or institutional memory. There had already been a deadly confrontation with MOVE, years of conflict, negotiations and police involvement before Osage Avenue.

MORE →
BLACK FACTS
The Truths They Never Taught You...

Shirley Chisholm — Unbought and Unbossed

In 1968 Shirley Chisholm became the first Black woman elected to the United States Congress. In 1972 she launched a campaign for the Democratic presidential nomination, breaking another political barrier.

MORE →
BHP gathered finds from its connected research sources. Showing the 4 strongest Black History matches.
← BACK TO RESULTS
Wikipedia

Flow Traders

Flow Traders
TypePublic
Euronext Amsterdam: FLOW
ISINBMG3602E1084
IndustryFinancial services
Founded2004
Headquarters,
Netherlands
Key peopleMike Kuehnel (CEO)
ProductsSecurities trading, Market making, High-frequency trading
RevenueIncrease €933.4 million (2020)
Increase €586.6 million (2020)
Number of employees
600 (2022)
Websitewww.flowtraders.com

Flow Traders is a proprietary trading firm.[1] A market maker, it provides liquidity in the securities market by using high frequency and quantitative trading strategies.[2]

Originally founded in Amsterdam, Flow Traders also has offices in New York, London, Milan, Paris, Cluj, Shanghai, Singapore, Chicago, and Hong Kong.[3][4]

Activities

[edit]

Flow Traders continuously quotes bid and ask prices for Exchange Traded Products (ETPs), options, fixed income products, and currencies.[5] In 2019, Flow Traders announced that it would also begin trading cryptocurrencies.[6]

One of the world's largest ETP market makers, it provides liquidity for more than 13,000 ETP listings across North America, Europe, and Asia Pacific.[7] As of 2020, Flow Traders is Europe's largest ETF market maker.[8]

In April 2020, Flow Traders established the Flow Traders Foundation, a charitable foundation that focuses on poverty alleviation.[citation needed] https://flowtradersfoundation.org/

In 2022, Flow Traders announced the departures of its Chief Risk Officer, Britta Achmann, Chief Technology Officer, Thomas Wolff, and Chief Executive Officer, Dennis Dijkstra. In 2023, Mike Kuehnel assumed the role of CEO at Flow Traders.[9]

Initial public offering

[edit]

The company filed for an initial public offering on Euronext Amsterdam on 10 July 2015. The shares were placed at a price of €32 each, with Flow valued at approximately €1.5 billion. Flow Traders floated up to 40% of the company.[10]

Coronavirus pandemic

[edit]

During the 2020 COVID-19 pandemic, Flow set up tents in their offices to allow employees to continue trading despite lockdown.[11] It reported breakout profits in the same year, with profits up 3543%.[12]

Change of corporate holding structure

[edit]

On 13 January 2023 Flow Traders announced the completion of the update of its corporate holding structure. As a result of the corporate holding structure update, Flow Traders' ultimate holding company is now Flow Traders Ltd and its shares remain on Euronext Amsterdam.[13]

References

[edit]
  1. ^ Albergotti, Reed (2013-08-25). "Indictments Expected in Alleged Trading Code Theft". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-03-22.
  2. ^ "Virtu Financial, Flow Traders rise in volatile trade". www.ft.com. Retrieved 2021-03-17.
  3. ^ "Dutch Speed Trader Is Taking on Citadel in U.S. ETF Market". Bloomberg.com. 2016-09-23. Retrieved 2021-03-17.
  4. ^ "Trading firm Flow Traders to seek listing". www.ft.com. Retrieved 2021-03-17.
  5. ^ "Banks and fund managers come back for another bite at bitcoin". www.ft.com. Retrieved 2021-03-17.
  6. ^ "Bitcoin's second coming makes Wall Street think again on crypto". www.ft.com. Retrieved 2021-03-17.
  7. ^ SEC. "Flow Traders U.s. Llc 2020 Annual Report X-17A-5". SEC.report. Retrieved 2021-03-17.
  8. ^ Hadfield, Will. "Europe's biggest ETF trader reports blowout profits on Covid market volatility". www.fnlondon.com. Retrieved 2021-03-17.
  9. ^ "Flow Traders Executive Leaves After Swedish Ski Trip Incidents". Bloomberg.com. 2022-05-10. Retrieved 2023-04-08.
  10. ^ Bray, Chad (2015-06-30). "Flow Traders I.P.O. Could Value Dutch Firm at Up to $1.9 Billion (Published 2015)". The New York Times. ISSN 0362-4331. Retrieved 2021-03-17.
  11. ^ "Company in self-isolation in Amsterdam: 'We have set up tents'". Amsterdam Daily. Retrieved 2021-03-24.
  12. ^ Molenaar, Door Jeroen (2020-04-21). "'Happy campers' van Flow Traders maken winstsprong van 35431%". Quote (in Netherlands Dutch). Retrieved 2021-03-24.
  13. ^ Bloomberg. "Flow Traders Ltd: COMPLETION OF THE CORPORATE HOLDING STRUCTURE UPDATE". www.bloomberg.com. Bloomberg. Retrieved 19 January 2023.
[edit]

Source: Wikipedia. Article content is retrieved live through the MediaWiki API.

No preview image
Wikipedia

Flow Traders

Flow Traders is a proprietary trading firm. A market maker, it provides liquidity in the securities market by using high frequency and quantitative trading strategies. Originally founded in Amsterdam, Flow Traders also has offices in New York, London, Milan, Paris, Cluj, Shanghai, Singapore, Chicago, and Hong Kong.

MORE →
Wikipedia

Flow trading

In finance, flow trading occurs when a firm trades stocks, bonds, currencies, commodities, their derivatives, or other financial instruments, with funds from a client, rather than its own funds. In foreign exchange markets, dealers use the aggregate order flow they observe from clients to price currencies and manage their own positions. Flow trading can be a significant source of profits for investment banks. For example, in the first quarter of 2026 JPMorgan's fixed-income traders recorded their second-best quarterly haul on record, while Goldman Sachs reported record equities trading revenue, both reflecting elevated client activity. Engaging in flow trading can also boost a firm's own proprietary trading profits via access to information on client activities. Additionally, the firm can often facilitate client trades by serving as the counterparty, thus profiting from the bid–offer spread. In 2011, the Volcker Rule aimed to limit flow trading businesses from taking proprietary bets.

MORE →
Wikipedia

Order flow trading

Order flow trading is a type of trading strategy and form of analysis used by traders on the markets, other popular forms of market/trading analysis include technical analysis, sentiment analysis and fundamental analysis. Order flow trading is the process of analysing the flow of trades being placed by other traders on a specific market. This is done by watching the order book and also footprint charts. Order flow analysis allows traders to see what type of orders are being placed at a certain time in the market, e.g. the amount of Buy and Sell orders at a given price point. Traders can use Order Flow analysis to see the subsequent impact on the price of the market by these orders and therefore make predictions on the future price and direction of the market. Order flow trading is a type of short term trading strategy as it is used to enter the market accurately based on recent executed buy and sell orders. Order Flow Trading is sometimes referred to as a form of volume trading.

MORE →
No preview image
Wikipedia

Traders (TV series)

Traders is a Canadian television drama series, which was broadcast on Global Television Network from 1996 to 2000 and CBC Television from 1997 to 1998. The series centred on the employees of Gardner Ross, an investment bank in the Bay Street financial district of Toronto, Ontario.

MORE →
TOPIC OF THE DAY

Greenwood / Black Wall Street

Before the 1921 destruction of Tulsa’s Greenwood District, Black residents had created a remarkable center of business and community life. The district included stores, professional offices, entertainment venues and homes owned by Black citizens. Understanding Greenwood means learning what was built—not only what was burned.

MORE →
TRIVIA QUESTION OF THE DAY

What prosperous Tulsa district became widely known as “Black Wall Street”?

The Greenwood District.