Dutch liquidity provider Flow Traders on Tuesday unveiled its Horizon 2030 strategy at a Capital Markets Day in Amsterdam, setting out a roadmap to become a 24/7 liquidity provider across traditional, digital and tokenized assets.
The company set 2030 ambitions of net trading income above €1 billion, return on trading capital above 50% and EBITDA margin above 45%. CEO Thomas Spitz said the firm would expand across ETFs, digital assets, tokenized asset trading, quantitative trading and a unified 24/7 sales model.
“Traditional and digital asset markets are converging into 24/7 always-on markets,” Spitz said. “Tokenization, infrastructure modernization and investor requirements are removing the boundaries between asset classes and time zones.”
Flow Traders plans to retain all trading capital through 2030, deploying about €1.1 billion across trading, technology and inorganic growth. The company said 2026 and the first half of 2027 would be transitory, with investment benefits expected to appear in net trading income from the second half of 2027 onward. Fixed operating expenses guidance for 2026 was set at €235-245 million.
For context, FY25 net trading income was €485.8 million, meaning the 2030 target implies a doubling of revenue. The firm already posted a 46% EBITDA margin in 1Q26, above its 2030 ambition on that measure.
Flow Traders launched an OTC offering with 24/7 liquidity for tokenized money-market funds, equities and commodities in March 2026, covering instruments including Franklin Templeton’s BENJI and Tether Gold. The company suspended its dividend in 2024, secured $275 million in credit facilities in late 2025 and has grown trading capital from €1.044 billion at year-end 2025 to €1.092 billion by the end of 1Q26.
