Flow Traders Euronext Amsterdam IPO

Overview:

• Flow Traders, a global technology-enabled liquidity provider specialised in exchange traded products, has undertaken an IPO on the Euronext Amsterdam.
• The offer price valued Flow Traders at €1.5 billion. After exercise of the over-allotment option, approximately 40% of the total share capital of Flow Traders was sold in the IPO, resulting in a total offering size of €600 million.
• Morgan Stanley and UBS acted as joint global coordinators and joint bookrunners. ABN AMRO and Credit Suisse as joint bookrunners
• Rothschild & Sons acted as the sole financial adviser to Flow Traders and its shareholders.

Wai Yee Tsang - Journalist