Tag: StoneX

StoneX
April 28, 2022 BY Steffy Bogdanova

StoneX increases size of credit facility to $475 Million

Sean O'Connor, CEO of StoneX, said: Through increased support from our existing bank group as well as through a number of key new relationships, we are excited to announce the renewal and expansion of this important credit facility. With the support of this expanded group of bank partners, we look forward to continuing to expand…

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William Wilson joins StoneX
April 13, 2022 BY Steffy Bogdanova

StoneX hires William Wilson as Head of Debt Capital Markets

As StoneX’s new Head of Debt Capital Markets, Wilson will focus on developing bespoke private credit solutions, corporate debt issuance, and SPACs leveraging StoneX’s core target of serving mid-market clientele. Wilson’s appointment is the latest addition to StoneX’s rapidly growing Fixed Income Division which has added over 10 new team members in past six months…

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February 08, 2022 BY Steffy Bogdanova

StoneX sees 21% increase in FX and CFDs revenue in Q1

The diluted earnings per share (EPS) jumped 108% in Q1 to $2.04 per share. FX and CFDs demand The forex and contracts for differences (CFDs) market generated operating revenue of $72.2 million, registering a 21% rise compared to the same period the previous year. StoneX highlighted that this was driven by a $12.1 million increase…

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November 30, 2021 BY Steffy Bogdanova

StoneX sees 14% increase in operating revenue in Q4 FY21

Sean M. O’Connor, CEO of StoneX Group Inc., stated: Although our fourth quarter earnings were below our long-term target, we were pleased to see that for the fiscal year we achieved record operating revenues and a 13.9% ROE. Last year included the significant non-recurring gain on our acquisition of Gain Capital Holdings, Inc. (“Gain”), adjusting…

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November 10, 2021 BY Steffy Bogdanova

StoneX teams up with Asaka Bank to make Uzbekistani Som available on its payment platform

Thiago Vieira, Senior Vice President of StoneX’s Global Payments Division in Asia/Pacific, said: We are extremely pleased to embark on this expansion with our esteemed counterparts at Asaka Bank. Our proprietary suite of payment technology and our effective management of the ever-evolving settlement network upon which it sits are among the key strengths that drive…

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StoneX
October 20, 2021 BY Steffy Bogdanova

StoneX launches Prime Direct offering

Clients can access the Prime Direct Platform via StoneX’s digital platform allowing them to trade US equity and options while leveraging StoneX’s white-glove service and technical expertise. The Prime Direct offering is designed to make prime brokerage services that are provided by top-tier financial institutions to clients with the institutional-grade algo order routing that emerging…

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StoneX
October 12, 2021 BY Steffy Bogdanova

Industry veteran Peter Delahunt joins StoneX Fixed Income Division

Delahunt joins StoneX with a vast experience in the Municipal Bond space. He spent twenty-six years at Raymond James Financial, where he worked as a Quantitative Analyst, Institutional Portfolio Manager and National Sales Manager establishing himself as a Municipal Bond Trading expert. In this time period he earned multiple licenses and is a Registered Securities…

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