Operating revenue from StoneX Group’s (Nasdaq: SNEX) forex and CFDs units hit $74.6 million in Q1 of fiscal year 2024. This marks a 53 percent surge from last year but a 6.1 percent fall from the previous quarter. Retail Trading Drives Earnings Surge StoneX saw $66.6 million in revenue from retail FX and CFDs sales …
In the final quarter of fiscal year 2023 (FY23), StoneX Group (Nasdaq: SNEX), the parent firm of Forex.com and City Index, experienced a 3 percent drop in its operational revenue from FX and CFDs deals, totaling $79.2 million. The financial year concludes on September 30. The year’s overall earnings from FX and CFDs were $261.9 …
StoneX’s Q4 FX and CFDs Earnings Dropped: ADV Dips 11% Read More »
The USD recorded a wild ride in 2021. It welcomed a bearish sentiment through the first half of the year while has gotten support from strong economic indicators on the second half. Strategists are predicting on a better trading environment by next year, despite the continued uncertainty brought by omicron. The reason behind such a …
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