Stonex Group recorded the second strong quarter, with a 15 % net operating revenue increased by an annual basis to $ 487.3 million.
The net income increased by 35 % to 71.7 million dollars, while the reduced profits of the share increased by 29 % to $ 1.41.
CEO Sean Okonor attributed the gains to “solid performance through a wide range of our products and sectors,” noting that the market fluctuations and the strong customer’s participation as positive engines.
The return on stocks increased to 15.7 %, up from 14 % in the previous year period.
However, although al -Qaeda -based growth, the FX company and the teams of teams (CFD) witnessed revenue decreased by 12 % to 70.9 million dollars per quarter.
This is due to the decrease in revenues of 19 % per million (RPM) despite the increase of 10 % in the average daily size (ADV), indicating twice the profitability of each trade.
Securities trading led the gains to increase revenue on an annual basis by 25 % to 426.7 million dollars, while material contracts increased by 58 % to $ 72.6 million. The revenues of the derivatives listed and OTC also increased by 15 % and 14 %, respectively.
Stonex recently announced a final agreement to obtain the RJ O’Brien, that the oldest future mediation in the United States Oconor said that the acquisition is expected to boost margins and EPS and add approximately $ 6 billion in the customer.
He said: “We believe this places us as a market leader in global derivatives,” where the deal is expected to be closed in the second half of 2025.