StoneX Group Inc. (NASDAQ:SNEX) Q2 2022 Results Conference Call May 5, 2022 9:00 AM ET

Company Participants

Sean O’Connor - President, Chief Executive Officer

Bill Dunaway - Chief Financial Officer

Conference Call Participants

Daniel Fannon - Jefferies

Operator

Welcome to StoneX Group's Second Quarter Earnings Call. All participants will be in a listen-only mode. [Operator Instructions] After the speakers’ presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Bill Dunaway, Chief Financial Officer, please go ahead.

Bill Dunaway

Good morning. My name is Bill Dunaway. Welcome to our earnings conference call for our second quarter ended March 31, 2022.

After the market closed yesterday, we issued a press release reporting our results for our second fiscal quarter of 2022. This report is available on our website at www.stonex.com as well as a slide presentation, which we will refer to on this call in our discussion of our quarterly and year-to-date results. You will need to sign on to the live webcast in order to view the presentation. The presentation and an archive of the webcast will also be available on our website after the call's conclusion.

Before getting underway, we are required to advise you and all participants should note the following discussion should be taken in conjunction with the most recent financial statements and notes thereto and as well as the Form 10-Q filed with the SEC. This discussion may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended.

These forward-looking statements involve known and unknown risks and uncertainties, which are detailed in our filings with the SEC. Although the Company believes that its forward-looking statements are based upon reasonable assumptions regarding its business and future market conditions, there can be no assurances that the Company's actual results will not differ materially from any results expressed or implied by the Company's forward-looking statements.

The Company undertakes no obligation to publicly update or revise any forward-looking statements. whether as a result of new information, future events or otherwise. Readers are cautioned that any forward-looking statements are not guarantees of future performance.

With that, I'll now turn the call over to Sean O’Connor the Company's CEO.

Sean O’Connor

Thanks, Bill. Good morning, everyone, and thanks for joining our fiscal 2022 second quarter earnings call. As I mentioned last time during our Q1 call, market conditions generally turn more favorable for our business as the financial market contemplated inflation and the fed response there, too. What we had not anticipated is the geopolitical shock, which came from the Russian invasion of Ukraine, which added significant uncertainty and volatility, especially in the commodity markets.