FINRA fines Flow Traders U.S. Institutional Trading for alleged reporting deficiencies
Flow Traders U.S. Institutional Trading LLC has agreed to pay a fine of $75,000 as a part of a settlement with FINRA.
Flow Traders U.S. Institutional Trading LLC has agreed to pay a fine of $75,000 as a part of a settlement with FINRA.
Joeri van Eck joins 360T from liquidity provider and market maker Flow Traders, where he spent six years as an Institutional Trader.
From at least August 2019 through April 2023, Flow Traders failed to establish, document, and maintain financial risk management controls.
Dennis Dijkstra has decided not to seek reappointment as Chief Executive Officer and member of the Management Board of Flow Traders.
In addition to Virtu, founding consortium members include Citadel Securities, Flow Traders and Jane Street Capital.
Flow Traders will become a name-disclosed liquidity provider in U.S. high yield corporate bonds through the MarketAxess trading platform.