[ O U T S O U R C E D T R A D I N G S U R V E Y ]
StoneX
StoneX |
2024 |
2023 |
Global Average |
Difference with Global |
Coverage |
6.60 |
7.00 |
6.21 |
0.39 |
Execution |
6.70 |
7.00 |
6.22 |
0.48 |
Operations and Post-Trade |
6.20 |
7.00 |
6.23 |
-0.03 |
Client Service and Relationship Management |
6.80 |
7.00 |
6.28 |
0.52 |
Trade Decision Support |
6.33 |
7.00 |
5.91 |
0.43 |
IPO Process and Allocations |
6.40 |
- |
5.33 |
1.07 |
Onboarding |
6.44 |
7.00 |
6.09 |
0.36 |
Service Level Factors |
6.70 |
- |
6.16 |
0.54 |
Cost vs Value |
6.00 |
6.73 |
5.97 |
0.03 |
Average |
6.46 |
6.96 |
6.04 |
0.42 |
Last year , StoneX delivered a near-perfect score in this survey . While a year ago the sample size was relatively small , this year , the firm has met the increased threshold and still stood atop the field overall . Impressively , the bigger sample size has not hampered the firm in delivering a similarly positive outcome . Over the last 12 months StoneX has noted a significant shift towards outsourced trading - in particular when it comes to prime brokerage and ETF structures . Accordingly , this may be due to a number of reasons , most notably the lower management fees , as well as the increased need from its clients for a more sophisticated middle-office solution . As a result of this , StoneX has increased the size of its middle-office team , adding AI technology to its offering to increase the efficiency of its solutions . It has been a strong year for StoneX , sitting firmly in the Very Good range , and with an overall score of 6.46 , this provider has
Chart 1
beaten the global average . In fact , every single category sits at Very Good with none receiving a rating below 6.00 . When it comes to the regional breakdown of respondents , the majority are based in the US . When it comes to client size , we see a diverse range of clients , reporting AUMs from $ 100 million up to $ 25 billion . Taking the top spot is Client Service and Relationship
56 // Outsourced Trading Handbook // 2024