Financial results
GMO Financial’s record revenue was 90% trading and financial income as commissions fell 38%
The nine-month high was driven by spread, trading and balance-sheet economics rather than a traditional commission rebound.
Brokerage
The companies, products and regulatory developments shaping the broker industry.
11 resultsReset view
Financial results
SoFi’s 47% brokerage growth was $18m—1.3% of group revenue
The investment product was expanding quickly from a small earnings base inside a deposit- and lending-led platform.
Financial results
TradeStation’s quarterly profit gain disappears after reversing a $4.1m customer-trading loss
A one-item reconstruction turns an apparent 50% operating improvement into a result that was effectively flat.
Financial results
Marex’s 274% capital ratio included a $500m perpetual—30% of reported resources
A reconstruction of the numerator shows how a June hybrid issue enlarged the buffer while leaving a substantial simplified surplus even without it.
Financial results
Fineco’s 39% inflow surge was a custody story: 70% went outside managed assets
FinecoBank reported €13.129bn of nine-month net sales. Reconstructing the flow mix shows €9.2bn went to custody, changing the economic meaning of the headline without diminishing the platform growth.
Financial results
Nordnet’s “second-best quarter” was 44% net interest income, not just brokerage
Nordnet generated SEK 1.55bn of Q3 operating income. Reconstructing the statement shows net interest supplied 44.3%, making client cash, liquidity yields and lending central to the durability of the result.
Financial results
SoFi’s technology-platform profit fell 61% while group revenue rose 43%
SoFi’s filings show that lending and financial services drove group growth while Technology Platform revenue and contribution profit declined sharply.
Financial results
FMX grew above 35% but supplied 3.7% of BGC revenue and spans two Fenics labels
FMX reached US$30.5m of revenue and strong venue volumes, but remained 3.7% of BGC’s total. BGC also says the same FMX revenue is included within both Fenics Markets and Growth Platforms, limiting additive category analysis.
Financial results
LPL’s client-cash revenue equalled 3.47% annualised while most economics sat outside interest income
LPL classified US$461.5m of quarterly client-cash revenue as asset-based revenue. Against US$53.2bn of average cash it equalled 3.47% annualised, while 96.8% of period-end balances sat in third-party sweeps.
Products & pricing
dub launches Arlo AI investing assistant with suitability and human-review controls
The broker technology company describes an AI layer over portfolios and advice rules, but published architecture claims do not amount to independent proof of recommendation quality.
Financial results
SoFi’s brokerage fees rise 47% as Composer widens its Invest metric
SoFi reported stronger brokerage monetisation, but the addition of Composer changes the scope of its Invest product count. The figure is not a count of unique investors.