David Klotz, featured, futures broker, Ingmar Mattus, introducing broker, MetroTrade, NASDAQ:SNEX, options broker, StoneX
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At launch, Chicago-based MetroTrade will act as an Introducing Broker to StoneX which will be the regulated FCM for MetroTrade.
City Index UK, Exinity, Exinity UK Limited, featured, Forex.com, gain capital, NASDAQ:SNEX, Nigel Rose, StoneX
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Nigel Rose first joined UK CFDs and spreadbetting broker City Index in 2010 as Chief Financial Officer (CFO).
city index, featured, Forex.com, Glenn Stevens, NASDAQ:SNEX, StoneX, StoneX management
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Glenn Stevens was one of the original founders of GAIN Capital, and continued to run the Forex.com and City Index brands until now.
Canaccord Genuity, featured, Jeff Blanco, NASDAQ:SNEX, StoneX, StoneX Pro
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Jeff Blanco joins StoneX Pro from Canadian investment bank Canaccord Genuity, where he was Managing Director and Head of Foreign Exchange.
featured, Forex.com, NASDAQ:SNEX, StoneX, StoneX Retail, William Klippel
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William Klippel worked for 15 years at Gain Capital in a variety of positions starting in 2005, leaving after StoneX acquired Gain in 2020.
CFTC fine, featured, NASDAQ:SNEX, Pre-Trade Mid-Market Marks, PTMMM, StoneX, StoneX Markets
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StoneX failed to implement procedures to ensure that its PTMMMs were accurate.
featured, Forex.com, NASDAQ:SNEX, StoneX, StoneX results
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However on a year-to-year basis StoneX’s FX/CFDs business is still shrinking, down by 17% from $86.8M in last year’s fiscal Q3.
featured, NASDAQ:SNEX, StoneX, StoneX Pro, Thomas Friesleben
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StoneX Pro is a comprehensive suite of institutional FX and CFD services offered by subsidiaries of StoneX Group Inc.
city index, featured, Forex.com, NASDAQ:SNEX, StoneX
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StoneX’s CFD business generated average daily trading volumes (ADV) of $13.1 billion in Q3 2022, down from $14.9 billion the previous quarter.
featured, NASDAQ:SNEX, StoneX
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StoneX has established a fixed income sales and trading desk in Singapore, with expansion plans in Australia and Hong Kong.
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