Published on July 7th, 2018 | by bitcoin0
Europe’s top speed trading Firm Flow Traders started dealing in the Crypto-Economy
This week one of Europe’s largest speed trading platforms and exchange-traded fund (ETFs) dealers, Flow Traders NV, announced the firm is entering the cryptocurrency space by offering bitcoin and ethereum exchange-traded notes (ETNs) to its clientele.
Also read: Switzerland Considers Granting Crypto Businesses Access to Banking Services
Speed Trading Platform Flow Traders Enters the Cryptocurrency Trading Ecosystem
The Amsterdam market maker, Flow Traders, provides liquidity to its customers by providing traders bid and offer prices for Exchange Traded Products (ETPs).
Flow Traders was founded in 2004 and has become one of the top ETP exchanges in Europe, pulling in over €250 million in revenue per year.
High-Frequency Traders Polarized by Bitcoin
Speed trading otherwise known as high-frequency trading (HFT) is a technique that uses algorithmic swaps to trade products at high speeds, and fast turnover rates.
Flow Traders is not the first high-speed trading company that’s entered the cryptocurrency ecosystem.