StoneX Group (SNEX) Q3 2025 Earnings Call August 06, 2025 09:00 AM ET Company ParticipantsWilliam Dunaway - CFOSean O'Connor - Executive Vice Chairman of the BoardCharles Lyon - Group PresidentConference Call ParticipantsJeff Schmitt - Research Analyst - Financial Services and TechnologyDan Fannon - MD - Research AnalystOperatorGood day, and thank you for standing by. Welcome to the Stonex Group Inc. Q3 Fiscal twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. After ...

Market Trends & Industry Dynamics - Crypto derivatives trading surged to $58.5 trillion [1] Company Performance & Growth - Bitget's futures AUM doubled [1] - Bitget achieved a 7.2% market share [1] - Bitget highlights AI tools and institutional growth [1] Educational Initiative - Bitget and BTCTN co-released "Crypto Derivatives 101," an educational report simplifying futures, perps, and options for beginners [1] Competitive Landscape - The report compares CEX vs DEX use cases [1]

Core Insights - CME Group reported record average daily volume (ADV) of 30.2 million contracts for Q2 2025, with June ADV reaching 25.7 million contracts, marking significant growth year-over-year [1][2] Q2 2025 Highlights - ADV grew 15% year-over-year, with record volumes in interest rate, agricultural, and metals products [2] - SOFR futures achieved a quarterly ADV record of 4.6 million contracts [2] - International ADV reached a record of 9.2 million contracts [2][3] Asset Class Performance - Interest Rate ADV reached 15.5 million contracts, with 5-Year U.S. Treasury Note futures at 2 million contracts and 2-Year U.S. Treasury Note futures at 1.1 million contracts [3] - Equity Index ADV increased 13% to 7.7 million contracts, with Micro E-mini S&P 500 futures at a record 1.5 million contracts [3] - Energy ADV increased 26% to 3.1 million contracts, with WTI Crude Oil options at a record 265,000 contracts [3] - Agricultural ADV reached a record of 2 million contracts, with Soybean Oil futures at 210,000 contracts [3] - Cryptocurrency ADV surged 136% to 190,000 contracts, with Micro Ether futures at a record 84,000 contracts [3] Monthly Performance - June 2025 saw record monthly ADV in various categories, including WTI Crude Oil options at 307,000 contracts and Micro Gold futures at 258,000 contracts [6] - BrokerTec U.S. Repo average daily notional value increased 18% to $359 billion [6] - EBS Spot FX average daily notional value increased 10% to $64 billion [6]

Core Insights - CME Group announced the launch of E-Mini S&P BMV IPC Index futures, pending regulatory review, set to be available for trading on August 18, 2025 [1] - The S&P BMV IPC Index is Mexico's main equity index, providing broad exposure to the Mexican equity market and tracking the most liquid stocks listed on Bolsa Mexicana de Valores (BMV) [1][2] Group 1: Product Offering - The E-Mini S&P BMV IPC Index futures will provide a more efficient way for market participants to access the overall performance of the Mexican equity market through a single futures contract [2] - This new product aims to enhance trading strategies for investors in Latin American equity markets and offers potential benefits from cross-margining with other CME Group benchmark financial products [2] Group 2: Strategic Collaboration - CME Group's collaboration with S&P Dow Jones Indices aims to expand the utilization of its indices in global financial markets, supporting a healthy and liquid ecosystem of products [2] - The S&P/BMV IPC Index is recognized as one of the oldest investable indices in Latin America, utilized by both local and international market participants [2] Group 3: Market Impact - The introduction of this contract is expected to connect liquidity pools and improve market depth, thereby strengthening Mexico's role in the global financial ecosystem [2] - The contract will be denominated in Mexican pesos and will be listed on CME, subject to its rules [2]