Connect to Flow Traders with ZagTrader

Who is Flow Traders?

Flow Traders is a leading global proprietary trading firm headquartered in Amsterdam. It is widely recognized as one of the largest market makers in Exchange Traded Products (ETPs), the broad family of instruments that includes Exchange Traded Funds (ETFs), and it provides continuous two-sided pricing in these products both on exchange and over the counter. As a market maker, Flow Traders quotes prices and stands ready to buy and sell, helping to keep ETP spreads tight and supporting the smooth functioning of the markets in which it participates.

The firm trades as principal rather than acting as an agency broker, deploying its own capital and technology to provide liquidity across products and venues in Europe, the Americas, and Asia. Beyond ETPs, Flow Traders is active in a range of other asset classes, including digital assets, where it applies the same market-making approach. For asset managers, brokers, and banks that need depth in ETFs and related listed products, Flow Traders is a frequent destination for order flow, and reaching that counterparty through a stable, tested, and well-monitored connection is a practical requirement for any desk that routes orders to it. That is the role ZagTrader is built to fill.

How ZagTrader connects and routes to Flow Traders

ZagTrader provides institutional connectivity to Flow Traders through FIX sessions and APIs, established and tested so that order flow, executions, and acknowledgements travel over resilient, monitored links. Because Flow Traders is reached as a liquidity-providing counterparty, desks can direct ETF and ETP flow to it for principal execution while retaining full control and visibility on the trading blotter. Where relevant, the same connectivity layer also reaches destinations through hubs and ECNs such as Tabadul Hub, so a desk can manage diverse routing from one place.

Connectivity is delivered as part of ZagTrader's integrated Order Management System (OMS) and Execution Management System (EMS). Traders work from a unified blotter, apply pre-trade compliance and risk checks, and use smart order routing logic to direct orders appropriately before they leave the desk. Drop-copy sessions provide an independent, real-time stream of execution and order-status messages for reconciliation, surveillance, and risk monitoring. Because order management, execution, routing, and post-trade share one platform, there are no brittle hand-offs between disconnected systems.

• FIX sessions and APIs for order entry, execution reports, and acknowledgements.
• Electronic order routing of ETF and ETP flow to Flow Traders for principal execution.
• Smart order routing managed within the OMS/EMS before orders are sent.
• Connectivity via hubs and ECNs such as Tabadul Hub where relevant.
• Drop-copy sessions for independent reconciliation and surveillance.
• Pre-trade compliance and risk checks applied before orders leave the desk.

What you can access through Flow Traders

As a global proprietary trading firm and one of the largest market makers in Exchange Traded Products, Flow Traders specializes in liquidity for ETFs and the wider ETP family across multiple regions and venues. Routing to it via ZagTrader's multi-asset platform lets a desk tap that specialist ETP liquidity from a single, consistent workflow rather than maintaining separate tools per product line. The instruments, venues, and services available always depend on a client's own agreements and onboarding with the firm.

• ETFs — a core specialty, with liquidity in exchange-traded funds across listings.
• ETPs — the broader family of exchange traded products in which Flow Traders is a leading market maker.
• Equities and other listed products related to its ETP and index activity.
• Digital assets — an asset class in which Flow Traders is also active as a liquidity provider.
• Liquidity across multiple regions — Europe, the Americas, and Asia — through one counterparty relationship.
• On-exchange and over-the-counter execution available under the relevant client agreements.

Settlement and post-trade

Execution is only the first step in the trade lifecycle, and ZagTrader is built to carry flow routed to Flow Traders all the way through to booking. Fills captured over FIX and confirmed via drop-copy feed straight into the platform's post-trade processing, so that trades, allocations, and positions are kept consistent without manual re-keying.

The platform supports trade confirmation and allocation, generation of settlement instructions, and reconciliation against counterparty, custodian, and clearing records. Settlement itself takes place through the relevant market infrastructure and the client's own custody and clearing arrangements; ZagTrader's role is to manage the order and post-trade data flow accurately around that process. Because ETP and ETF activity can span several markets and currencies, keeping a single, consistent record across regions matters, and reporting and audit-ready record keeping are produced from the same source of truth that runs from order inception, helping desks meet their internal control and regulatory obligations across the jurisdictions in which they operate.

Why route to Flow Traders through ZagTrader

Routing to Flow Traders through ZagTrader means consolidating execution, routing, risk, compliance, and post-trade onto one multi-asset front-to-back platform instead of stitching together separate systems for each function. A single OMS/EMS blotter spans Flow Traders alongside other supported liquidity providers, brokers, and venues, so traders manage their full book in one place and operations work from one consistent set of records. With deep roots in the MENA and GCC region and global reach, ZagTrader is well suited to desks that want to pair specialist ETP liquidity with broad market coverage.

FIX and API connectivity with drop-copy reconciliation give desks confidence that what was sent, executed, and booked all agree, while smart order routing and pre-trade controls keep execution disciplined. Because Flow Traders provides ETP and ETF liquidity across Europe, the Americas, and Asia, pairing that reach with ZagTrader's multi-asset workflow lets desks scale into additional products, asset classes, and markets through the same platform without re-platforming, making ZagTrader a durable foundation for desks that route institutional flow to Flow Traders and beyond.

• One multi-asset OMS/EMS for Flow Traders and additional liquidity providers and venues.
• FIX and API connectivity with drop-copy reconciliation.
• Smart order routing and pre-trade compliance and risk controls.
• Specialist ETP and ETF liquidity reachable from a unified blotter.
• Integrated post-trade flow from execution through booking and reporting.
• Scales to more counterparties, asset classes, and markets without re-platforming.