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StoneX Payments to Showcase Cross-Border FX Capabilities at BAFT Europe Bank-to-Bank Forum 2025
Globenewswire· 2025-02-21 12:29
Core Insights - StoneX Group Inc. announced its participation as a sponsor and speaker at the 2025 BAFT Europe Bank-to-Bank Forum in Amsterdam, focusing on cross-border payments and banking relationships [1] - The Payments Division of StoneX will showcase its institutional-grade infrastructure for executing international payments across over 140 currencies and 180 countries [2] Group 1: Company Overview - StoneX Group Inc. is a Fortune 100 global financial services company providing execution, risk management, advisory, and market access solutions across various sectors including commodities, securities, global payments, and foreign exchange [7] - The company operates with over 4,300 employees and serves more than 54,000 commercial, institutional, and global payments clients, along with over 400,000 retail accounts from more than 80 offices worldwide [7] Group 2: Payments Division Highlights - StoneX Payments aims to enhance FX payment capabilities for financial institutions by leveraging a network of nearly 400 correspondent banks, offering seamless currency flows, competitive pricing, and full principal protection [3] - The division addresses the growing demand for faster, lower-cost, and more transparent international transactions by working closely with clients to eliminate inefficiencies and reduce transaction costs [5] Group 3: Event Participation - David Willacy, Head of Trading EMEA – Payments FX at StoneX, will present on cross-border FX transactions in emerging and lesser-traded currencies, discussing challenges such as liquidity, settlement risks, and regulatory constraints [4] - StoneX Payments representatives will be available for one-on-one discussions at the BAFT Europe Forum to explore customized strategies for improving cross-border payment capabilities [6]
2025's The Showdown 5 Sets Sales Pace Record
Newsfilter· 2025-02-21 12:13
Group 1 - The Showdown 5 has achieved its fastest-ever sales rate with over 45,000 tickets sold for the match between Saracens Rugby Club and Harlequins F.C. [1] - The event is set to take place on March 22, 2025, at the Tottenham Hotspur Stadium, featuring international rugby stars [2] - Last year's Showdown 4 saw Saracens win decisively with a score of 52-7, marking Owen Farrell's 250th appearance for the team [3] Group 2 - The upcoming Showdown 5 promises an expanded five-hour entertainment program, including live music and fireworks, aiming to enhance the spectator experience [4] - The Tottenham Hotspur Stadium, which hosted 61,000 fans last year, is noted for having Europe's longest bar and an in-house brewery [4]
2025's The Showdown 5 Sets Sales Pace Record
GlobeNewswire News Room· 2025-02-21 12:13
Group 1 - The Showdown 5 has achieved its fastest-ever sales rate with over 45,000 tickets sold for the match between Saracens Rugby Club and Harlequins F.C. [1] - The event is set to take place on March 22, 2025, at the Tottenham Hotspur Stadium, featuring international stars from both teams [2] - Last year's Showdown 4 saw Saracens win decisively with a score of 52-7, and the upcoming match is expected to reignite the rivalry as both teams compete for crucial points in the Premiership [3] Group 2 - The 2025 Showdown 5 is anticipated to be a larger event than last year, which attracted 61,000 fans, with an expanded five-hour entertainment program including live music and fireworks [4] - The Tottenham Hotspur Stadium features Europe's longest bar and an in-house brewery, enhancing the overall experience for attendees [4] Group 3 - StoneX Group Inc. operates a global financial services network, providing a blend of digital platforms, clearing and execution services, and deep expertise to its clients [5] - The company is a Fortune 100 entity headquartered in New York City, listed on the Nasdaq Global Select Market, and serves over 54,000 commercial and institutional clients [5] - StoneX Group Inc. employs over 4,300 staff across more than 80 offices worldwide, catering to both retail and institutional clients [5]
FOREX.com to Exhibit at Invest Cuffs Conference in Krakow
Globenewswire· 2025-02-21 11:48
Group 1 - FOREX.com, a subsidiary of StoneX Group Inc., will participate in the Invest Cuffs conference as the official Chillout Zone Partner, marking its first appearance at this significant investment event in Poland [1][5] - Invest Cuffs has been a key event for financial education and investment discussions in Poland for over a decade, attracting thousands of attendees interested in various investment opportunities, including real estate and cryptocurrencies [2] - The conference will feature over 120 exhibitors, providing FOREX.com with a platform to engage with local and international financial experts, reinforcing its commitment to investment awareness in the region [3] Group 2 - Marcin Tuszkiewicz, CEO of Squaber.com and an experienced FOREX.com trader, will represent the company at the event, delivering a session on price action analysis and investment psychology on March 29 [4] - The event is expected to offer valuable networking opportunities and discussions on the future of investing, with FOREX.com inviting attendees to visit its booth to learn more about its trading solutions [5] Group 3 - StoneX Group Inc. operates a global financial services network, connecting various market participants through digital platforms and execution services, serving over 54,000 clients and more than 400,000 retail accounts worldwide [6] - FOREX.com is recognized as a leading online trading provider, supporting over 1 million traders globally with competitive pricing and transparent execution [7]
StoneX Unites with Women's Run Series to Champion Athletics Diversity
Newsfilter· 2025-02-21 08:25
Core Insights - StoneX Financial Ltd continues its partnership with the Women's Run Series, aimed at increasing female and ethnic minority participation in athletics [1][2] - The next event is scheduled for International Women's Day on March 8, 2025, at Queen Elizabeth Olympic Park in London [1] - The Women's Run Series is supported by RunThrough and focuses on creating an inclusive environment for runners of all backgrounds [2] Company Overview - StoneX Group Inc. operates a global financial services network, connecting various entities to the market ecosystem through digital platforms and execution services [4] - The company is a Fortune 100 entity headquartered in New York City, listed on the Nasdaq Global Select Market (NASDAQ:SNEX), and employs over 4,300 staff [4] - StoneX serves more than 54,000 commercial, institutional, and global payments clients, along with over 400,000 retail accounts across more than 80 offices worldwide [4]
StoneX Unites with Women's Run Series to Champion Athletics Diversity
GlobeNewswire News Room· 2025-02-21 08:25
Core Points - StoneX Financial Ltd continues its partnership with the Women's Run Series, aimed at increasing female and ethnic minority participation in athletics [1][2] - The next event is scheduled for International Women's Day on March 8, 2025, at Queen Elizabeth Olympic Park in London [1] - The Women's Run Series is supported by RunThrough and focuses on creating an inclusive environment for runners of all backgrounds [2] Company Overview - StoneX Group Inc. operates a global financial services network, connecting various entities to the market ecosystem through digital platforms and expertise [4] - The company is a Fortune 100 entity headquartered in New York City, listed on the Nasdaq Global Select Market (NASDAQ: SNEX) [4] - StoneX serves over 54,000 commercial, institutional, and global payments clients, along with more than 400,000 retail accounts, from over 80 offices across six continents [4]
StoneX Hedge® Reaches 1B Bushels Hedged
Globenewswire· 2025-02-20 21:04
Core Insights - StoneX Group Inc. has achieved a significant milestone with its web-based merchandising platform, StoneX Hedge, surpassing a total hedge volume of over 1 billion bushels of grain [1] - The platform integrates hedge execution with enterprise resource planning (ERP) systems, significantly reducing the time required for processing hedge orders from 2-10 minutes to just 2-10 seconds [2] - StoneX Hedge is designed to optimize risk management and operational efficiency, offering real-time automation, centralized risk visibility, and integration with leading ERPs [3] Company Overview - StoneX Group Inc. operates a global financial services network, connecting various market participants through digital platforms and execution services [4] - The company is a Fortune 100 entity headquartered in New York City, listed on the Nasdaq Global Select Market, and employs over 4,300 staff [4] - StoneX serves more than 54,000 commercial, institutional, and global payments clients, along with over 400,000 retail accounts across more than 80 offices worldwide [4]
StoneX Group Inc. (SNEX) Q1 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-02-06 21:43
Core Viewpoint - StoneX Group Inc. reported its earnings for the first quarter of fiscal year 2025, which ended on December 31, 2024, during a conference call held on February 6, 2025 [3]. Group 1: Earnings Report - The earnings conference call was led by Bill Dunaway, the Chief Financial Officer, who welcomed participants and provided an overview of the results [2][3]. - A press release detailing the quarterly results was issued after market close on the previous day, and additional materials, including a slide presentation, were made available on the company's website [3]. Group 2: Regulatory Compliance - The company reminded participants that discussions during the call should be considered alongside the most recent financial statements filed with the SEC, specifically the Form 10-Q [4]. - Forward-looking statements were mentioned, indicating that they involve known and unknown risks and uncertainties, which are detailed in the company's SEC filings [4].
StoneX(SNEX) - 2025 Q1 - Earnings Call Transcript
2025-02-06 21:43
Financial Data and Key Metrics Changes - The first quarter net income was $85.1 million, with diluted earnings per share of $2.54, representing a 23% and 19% growth over the prior year quarter respectively [11] - Operating revenues reached a record $944.3 million, up 20% year-over-year and 3% sequentially [12] - Net operating revenues increased by 17% compared to the previous year and 8% compared to the preceding quarter [13] - The trailing twelve months results showed operating revenues up 18%, net income of $276.8 million, and an ROE of 17% [15] Business Line Data and Key Metrics Changes - Operating revenues from physical contracts increased by 80% year-over-year, driven by strong growth in precious metals and physical ag and energy businesses [17] - FX CFD revenues rose by 32%, attributed to a 7% increase in average daily volume and a 22% increase in RPM [17] - Securities revenues increased by 27%, with volumes up 40%, although offset by a 20% decline in rate per million [17] - Payments revenues decreased by 4% year-over-year but increased by 20% sequentially [18] - OTC derivatives revenues fell by 18%, primarily due to a 22% decline in revenue capture [18] Market Data and Key Metrics Changes - The company experienced low volatility in the market, impacting spread capture in certain areas, particularly in OTC derivatives and payments [16] - The average daily volume for payments increased by 12% year-over-year [26] Company Strategy and Development Direction - The company is focused on expanding its market share through strategic acquisitions and enhancing its product offerings [49][56] - Recent acquisitions include Oktop Finance and JBR Recovery, aimed at enhancing access to EU institutional markets and improving precious metals capabilities [50][53] - The company aims to leverage regulatory changes and market dynamics to capture market share from larger banks [56] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about sustaining earnings momentum despite declining volatilities and interest rates [54] - The company believes it has significant growth potential in niche markets and is focused on expanding its client base and product offerings [56][86] Other Important Information - The board approved a three-for-two stock split, which will be effective after the close of trading on March 21, 2025 [32][33] Q&A Session Summary Question: What drove the revenue growth in physical contracts and its sustainability? - Key drivers included strong client activity in precious metals, growth from the acquisition of CDI, and volatility in cocoa prices. Sustainability remains uncertain due to potential market volatility [91][94][95] Question: Can you discuss the retail business and its sustainability? - The revenue capture has improved significantly, and while growth is expected to continue, it may fluctuate. The focus is on expanding the product suite to drive meaningful growth [98][100][102] Question: Can you elaborate on the payment rates and transaction mix? - The company aims to maintain diverse revenue streams and increase transaction volumes, despite challenges in predicting dollar scarcity in specific corridors [105][106][109]
StoneX(SNEX) - 2025 Q1 - Earnings Call Presentation
2025-02-06 18:58
Forward-Looking Statements The following presentation should be taken in conjunction with the most recent financial statements and notes thereto appearing in the most recent Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and other reports filed with the SEC by StoneX Group Inc. (the "Company"). This presentation may contain "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statem ...