The FX and CFD brokerage agency StoneX has promoted
Qianyue Dai as VP, Senior Supervisor of Retail for China and Japan. Dai’s function
entails managing retail gross sales, institutional gross sales, and shopper administration groups
within the two areas.
In keeping with her LinkedIn profile, Dai has devoted
greater than three years to StoneX Group, beforehand serving because the Supervisor for
Gross sales and Shopper Administration and Senior Supervisor of Retail for China.
Beforehand, she held a number of roles in GAIN Capital, an
on-line supplier of retail foreign currency trading companies acquired by StoneX in 2020. On the agency, Dai rose from Foreign exchange Specialist to Supervisor of Gross sales and Shopper Administration for China.
StoneX Group skilled a strong efficiency within the first
quarter of fiscal 12 months 2024, producing $74.6 million in working income from
its foreign exchange and CFD choices. Whereas this marked a major improve of 53% in contrast
to the identical interval final 12 months, there was a slight decline of 6% from the prior
quarter.
StoneX’s income progress in Q1 got here
from retail gross sales of FX and CFD contracts, which contributed $66 million to working income. This represented a considerable improve of 68% year-over-year.
Constructive Monetary Outcomes
Regardless of the general income progress, StoneX reported a
15% year-over-year decline within the common every day quantity of FX and CFD buying and selling, which
amounted to $10.9 billion. Nevertheless, the speed per million surged by 73% to $109,
indicating larger profitability per commerce.
StoneX, beforehand generally known as INTL FCStone, expanded its
footprint into the retail FX and CFD business with the acquisition of GAIN
Capital for $236 million. This transfer positioned the New York-based group as a significant participant within the business.
Apart from that, StoneX Group just lately unveiled plans to challenge a $550 million bond due in 2031. This motion goals to refinance present debt. By concentrating on institutional consumers and entities outdoors the USA, StoneX seeks to leverage the worldwide market to successfully deal with its monetary wants.
The FX and CFD brokerage agency StoneX has promoted
Qianyue Dai as VP, Senior Supervisor of Retail for China and Japan. Dai’s function
entails managing retail gross sales, institutional gross sales, and shopper administration groups
within the two areas.
In keeping with her LinkedIn profile, Dai has devoted
greater than three years to StoneX Group, beforehand serving because the Supervisor for
Gross sales and Shopper Administration and Senior Supervisor of Retail for China.
Beforehand, she held a number of roles in GAIN Capital, an
on-line supplier of retail foreign currency trading companies acquired by StoneX in 2020. On the agency, Dai rose from Foreign exchange Specialist to Supervisor of Gross sales and Shopper Administration for China.
StoneX Group skilled a strong efficiency within the first
quarter of fiscal 12 months 2024, producing $74.6 million in working income from
its foreign exchange and CFD choices. Whereas this marked a major improve of 53% in contrast
to the identical interval final 12 months, there was a slight decline of 6% from the prior
quarter.
StoneX’s income progress in Q1 got here
from retail gross sales of FX and CFD contracts, which contributed $66 million to working income. This represented a considerable improve of 68% year-over-year.
Constructive Monetary Outcomes
Regardless of the general income progress, StoneX reported a
15% year-over-year decline within the common every day quantity of FX and CFD buying and selling, which
amounted to $10.9 billion. Nevertheless, the speed per million surged by 73% to $109,
indicating larger profitability per commerce.
StoneX, beforehand generally known as INTL FCStone, expanded its
footprint into the retail FX and CFD business with the acquisition of GAIN
Capital for $236 million. This transfer positioned the New York-based group as a significant participant within the business.
Apart from that, StoneX Group just lately unveiled plans to challenge a $550 million bond due in 2031. This motion goals to refinance present debt. By concentrating on institutional consumers and entities outdoors the USA, StoneX seeks to leverage the worldwide market to successfully deal with its monetary wants.
