European market maker Flow Traders has released its unaudited financial report for the second quarter of 2024.
In the second quarter of 2024, Flow Traders net trading revenue was 79.50 million euros and total revenue was 76.20 million euros; total operating expenses were 55.20 million euros; and net profit was 12.80 million euros.
At the end of the second quarter of 2024, Flow Traders had trading capital of 624 million euros and generated a 56% return on trading capital.
Flow Traders CEO Mike Kuehnel said he will continue to collaborate in the TradFi and DeFi ecosystems in the future and actively seek new partnerships to support the adoption of digital assets.
Previously, it was reported that Flow Traders had assisted the German government in the BTC sale; recently, Flow Traders also confirmed that it was the main market maker for the 21Shares Ethereum Spot ETF.
Flow Traders Announces Q2 Financial Report: Trading Capital 624 million Euros, Net Trading Revenue 79.50 million Euros
2024-07-26 06:30:10
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