StoneX Group Inc. (NASDAQ:SNEX), a global financial services network which owns FOREX.com and City Index, has announced its financial results for the fiscal year 2024 fourth quarter ended September 30, 2024.
Operating revenues derived from FX/CFD contracts increased $5.5 million, with a $7.0 million increase in StoneX’s Self-Directed/Retail segment more than offsetting a $1.5 million decline in Institutional segment FX/CFD contracts operating revenues.
Operating revenues derived from listed derivatives increased $19.6 million, with StoneX’s Commercial and Institutional segments up $11.7 million and $7.9 million, respectively.
Operating revenues derived from OTC derivatives declined $13.7 million, principally driven by a 26% decline in the average rate per contract as a result of a decline in commodity…
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