INTL FCStone Inc. (NASDAQ:INTL) Q2 2018 Earnings Conference Call - Preliminary Transcript
May 09, 2018 • 09:00 am ET
client's acquisition and volumes across our platform which has resulted in the steady and positive trend in our results.
The positive overall trends has not been impacted by improved market conditions with higher volatility and higher interest rates, , unleashing long dormant components of our business model and resulting in what we think is an industry leading ROE. We believe as these more positive market conditions are return to more normalized situation in the capital market. Since the spike in volatility around the VIX issue, we have seen general in more widespread volatility across different asset process and we also anticipate that interest rate increases are not get over.
All of this is very positive for our business environment long-term. Despite the better overall market conditions we continue to see consolidation in our industry with scale as becoming a bigger issue for smaller players and based on and we continue to focus on the larger clients.
With that, I'd like to turn it back to the Operator and question and answer session. Operator?