The company has not filed an annual or quarterly report since its Q1 FY2020 10-Q, filed May 13, 2020. Its latest SEC filing is a 15-12B from Aug 10, 2020.
10-Q for Q1 FY2020, filed May 13, 2020
The sections below describe the company as of the FY2019 annual report.
Provides retail traders with online access to foreign exchange and other financial markets, and offers trade execution in futures and options on global exchanges.
10-K for FY2019, filed Mar 16, 2020We are a global provider of trading services and solutions, specializing in over-the-counter ("OTC") and exchange-traded markets. We serve…View ↗
We operate our business in two segments. Through our retail segment, we provide customers around the world access to a diverse range of…View ↗
In addition to OTC products offered by our retail segment, our futures segment offers exchange-traded futures and options on futures on…View ↗
Through our retail segment, we provide customers around the world access to over 15,000 global financial markets, including spot foreign…View ↗
Retail trading earns spreads and account fees on over-the-counter trades, as well as gains or losses on positions. The futures business earns commissions and fees when it executes customer trades.
10-K for FY2019, filed Mar 16, 2020Retail revenue is the Company’s largest source of revenue. Retail revenue comprises trading revenue from the retail OTC business and…View ↗
Gains or losses are realized when customer transactions are liquidated. Unrealized gains or losses on trading positions are revalued at…View ↗
Futures revenue consists of revenue from the Company’s futures business, which offers exchange-based trading execution services, focusing…View ↗
Other revenue primarily comprises account management and transaction fees, inactivity, training fees charged to customer accounts, and…View ↗
$219.7M
10-K for FY2019, filed Mar 17, 2020
$219.7M ↗
Retail customers are mainly self-directed traders who use the company’s websites directly or come through introducing brokers and white-label partners. Futures customers may trade directly or be referred by introducing brokers.
10-K for FY2019, filed Mar 16, 2020We seek to attract and support our customers through direct and indirect channels. Our primary direct channels for our retail segment are…View ↗
Our retail customers consist primarily of self-directed traders, who execute trades on their own behalf. A small number of our customers…View ↗
(1) Direct customers are all customers not classified as indirectView ↗
(2) Indirect customers are referred to the Company by introducing brokersView ↗
Not on paper. It lost $60.8M in FY2019, but brought in more cash than it spent: $108.5M of free cash flow.
10-K for FY2019, filed Mar 17, 2020
10-K for FY2019, filed Mar 17, 2020
−$60.1MView ↗
10-K for FY2019, filed Mar 17, 2020
−$60.8MView ↗
10-K for FY2019, filed Mar 17, 2020
$108.5MView ↗
10-Q for Q1 FY2020, filed May 14, 2020
$77.3MView ↗
8-K, filed Jul 31, 2020
At the effective time of the Merger (the “Effective Time”) and as a result of the Merger, each share of common stock of the Company…View ↗
Shrank. Revenue fell 50% in 4 years, from $435.3M in FY2015 to $219.7M in FY2019, about 16% a year.
Institutional segment sale
The older report included an institutional segment offering electronic access to spot and forward foreign exchange and precious metals; the latest describes retail and futures segments after the GTX ECN sale.
10-K for FY2016, filed Mar 15, 2017 10-K for FY2019, filed Mar 16, 2020We operate our business in three segments. Through our retail segment, we provide our retail customers around the world with access to a…View ↗
On June 29, 2018, we completed the sale of the assets of our GTX ECN (electronic communication network) business, an institutional platform…View ↗
Prior to its sale, we reported the results of our GTX ECN business as part of our institutional segment. We have determined that the…View ↗
We operate our business in two segments. Through our retail segment, we provide customers around the world access to a diverse range of…View ↗
In addition to OTC products offered by our retail segment, our futures segment offers exchange-traded futures and options on futures on…View ↗
Loading...
