Dutch Speed Trader Is Taking on Citadel in U.S. ETF Market
- Wider spreads on less traded ETFs are opportunities, firm says
- Flow Traders’ ‘sophisticated’ algorithms mean better prices
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A high-speed trader in Amsterdam with just 300 employees is taking on American Goliaths like Citadel on their own turf.
Flow Traders’ plan is simple, if counterintuitive: focus on the low volume, lesser-traded corner of the $20 trillion-a-year market in U.S. exchange-traded funds.