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StoneX registers 46% Y/Y increase in FX/CFD revenues in Q4 FY22

From fxnewsgroup.com

StoneX Group Inc. (NASDAQ:SNEX), the owner of Forex brands such as FOREX.com and City Index, has announced its financial results for the fiscal year 2022 fourth quarter ended September 30, 2022. Operating revenues derived from FX/CFD contracts increased $25.7 million, or 46%, to $81.4 million in the three months ended September 30, 2022 compared to $55.7 million in the three months ended September 30, 2021, principally due to a 34% increase in FX/CFD contracts RPM as well as an 11% increase in FX/CFD contracts ADV. Let’s note that the FX/CFD operating revenues for the preceding quarter were $86.8 million. Operating ... (full story)

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