STRATEGIC INVESTMENT IN SHAPE Q
September 27 2021 - 11:45AM
STRATEGIC INVESTMENT IN SHAPE Q
STRATEGIC INVESTMENT IN SHAPE Q
Amsterdam, the Netherlands - Flow Traders N.V.
(Euronext: FLOW) is pleased to announce its
strategic investment in shape Q. Flow
Traders has also joined shape Q’s advisory
board
Founded in 2020, shape Q is a software driven technology startup
based in The Netherlands, which has developed a pan-European
Request for Quote (RfQ) marketplace for physical energy, green
energy and environmental commodities. For more information on shape
Q, please visit www.shapeq.io
Dennis Dijkstra, CEO,
commented:
“We are delighted to have completed this strategic investment in
shape Q. We have seen first-hand the positive impact that RfQ
platforms have had on off-exchange trading and are confident that
this will also benefit the physical energy and environmental
commodities markets. This investment is aligned with our overall
strategic ecosystem approach and ESG ambitions as well underscoring
our longstanding commitment to driving electronification and
transparency in financial markets.“
Massimo Noto, shape Q
Co-founder,
added:
“Flow Traders‘ strategic investment will allow shape Q to
advance our product and feature development and roll out. We remain
convinced that energy trading suffers from a technology gap which
creates an opportunity for an OTC RfQ electronic marketplace. We
are very much grateful for the support from a leading
technology-enabled liquidity provider such as Flow Traders.“
Contact Details
Flow Traders N.V. Jonathan Berger / Investor
Relations OfficerPhone:
+31 20
7996799Email: investor.relations@flowtraders.com
About Flow Traders
Flow Traders is a leading global financial technology-enabled
liquidity provider in financial products, historically specialized
in Exchange Traded Products (ETPs), now expanding into other asset
classes. Flow Traders ensures the provision of liquidity to support
the uninterrupted functioning of financial markets. This allows
investors to continue to buy or sell ETPs or other financial
instruments under all market circumstances. We continuously grow
our organization, ensuring that our trading desks in Europe, the
Americas and Asia can provide liquidity across all major exchanges,
globally, 24 hours a day. Founded in 2004, we continue to cultivate
the entrepreneurial, innovative and team-oriented culture that has
been with us since the beginning. Please visit www.flowtraders.com
for more information.
Important Legal Information
This press release is prepared by Flow Traders N.V. and is for
information purposes only. It is not a recommendation to engage in
investment activities and you must not rely on the content of this
document when making any investment decisions. The information in
this document does not constitute legal, tax, or investment advice
and is not to be regarded as investor marketing or marketing of any
security or financial instrument, or as an offer to buy or sell, or
as a solicitation of any offer to buy or sell, securities or
financial instruments. The information and materials contained in
this press release are provided ‘as is’ and Flow Traders N.V. or
any of its affiliates (“Flow Traders”) do not warrant the accuracy,
adequacy or completeness of the information and materials and
expressly disclaim liability for any errors or omissions. This
press release is not intended to be, and shall not constitute in
any way a binding or legal agreement, or impose any legal
obligation on Flow Traders. All intellectual property rights,
including trademarks, are those of their respective owners. All
rights reserved. All proprietary rights and interest in or
connected with this publication shall vest in Flow Traders. No part
of it may be redistributed or reproduced without the prior written
permission of Flow Traders. This press release may include
forward-looking statements, which are based on Flow Traders’
current expectations and projections about future events, and are
not guarantees of future performance. Forward looking statements
are statements that are not historical facts, including statements
about our beliefs and expectations. Words such as “may”, “will”,
“would”, “should”, “expect”, “intend”, “estimate”, “anticipate”,
“project”, “believe”, “could”, “hope”, “seek”, “plan”, “foresee”,
“aim”, “objective”, “potential”, “goal” “strategy”, “target”,
“continue” and similar expressions or their negatives are used to
identify these forward-looking statements. By their nature,
forward-looking statements involve known and unknown risks,
uncertainties, assumptions and other factors because they relate to
events and depend on circumstances that will occur in the future
whether or not outside the control of Flow Traders. Such factors
may cause actual results, performance or developments to differ
materially from those expressed or implied by such forward-looking
statements. Accordingly, no undue reliance should be placed on any
forward-looking statements. Forward-looking statements speak only
as at the date at which they are made. Flow Traders expressly
disclaims any obligation or undertaking to update, review or revise
any forward-looking statements contained in this press release to
reflect any change in its expectations or any change in events,
conditions or circumstances on which such statements are based
unless required to do so by applicable law. Financial objectives
are internal objectives of Flow Traders to measure its operational
performance and should not be read as indicating that Flow Traders
is targeting such metrics for any particular fiscal year. Flow
Traders’ ability to achieve these financial objectives is
inherently subject to significant business, economic and
competitive uncertainties and contingencies, many of which are
beyond Flow Traders’ control, and upon assumptions with respect to
future business decisions that are subject to change. As a result,
Flow Traders’ actual results may vary from these financial
objectives, and those variations may be material.
Efficiencies are net, before tax and on a run-rate basis, i.e.
taking into account the full-year impact of any measure to be
undertaken before the end of the period mentioned. The expected
operating efficiencies and cost savings were prepared on the basis
of a number of assumptions, projections and estimates, many of
which depend on factors that are beyond Flow Traders’ control.
These assumptions, projections and estimates are inherently subject
to significant uncertainties and actual results may differ, perhaps
materially, from those projected. Flow Traders cannot provide any
assurance that these assumptions are correct and that these
projections and estimates will reflect Flow Traders’ actual results
of operations.
By accepting this document you agree to the terms set out above.
If you do not agree with the terms set out above please notify
legal.amsterdam@nl.flowtraders.com immediately and delete or
destroy this document.
Flow Traders (EU:FLOW)
Historical Stock Chart
From Nov 2024 to Dec 2024
Flow Traders (EU:FLOW)
Historical Stock Chart
From Dec 2023 to Dec 2024