Tag: INTL Fcstone Inc

acquisition
January 13, 2020 BY Valentina Kirilova

INTL FCStone acquires GIROXX GmbH in Germany

INTL FCStone Inc. (NASDAQ: INTL) has just announced that its London-based subsidiary, INTL FCStone Ltd., executed a sale and purchase agreement to acquire GIROXX GmbH in Frankfurt, Germany. Closing is conditional upon the approval of the German regulator BaFin. Through its digital platform, GIROXX GmbH provides online payment and foreign exchange hedging services to small…

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acquisition
January 06, 2020 BY Valentina Kirilova

INTL FCStone purchases IFCM Commodities, GmbH

INTL FCStone Inc. (NASDAQ: INTL) has today announced that it has acquired IFCM Commodities, GmbH out of Hamburg, Germany. The deal was closed last week, on January 2. IFCM Commodities specializes in providing commodity price risk management solutions for base metals serving clients across Germany and continental Europe. The company has been working closely with…

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April 25, 2017 BY Valentina Kirilova

INTL FCStone unveils cross-border payments intelligence portal GPN

INTL FCStone Inc. (NASDAQ: INTL) today announced that its London-based subsidiary, INTL FCStone Ltd's Global Payments Division (GPD) unveiled its proprietary cross-border payments intelligence portal - the Global Payments Network (GPN). The comprehensive intelligence portal leverages GPD's relationships with global correspondent banks, regulators and other market participants in the developing world, to provide clients with…

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INTL FCStone opens its know-risk platform to broader market
April 18, 2017 BY Valentina Kirilova

INTL FCStone becomes direct participant to LBMA Gold Auction

INTL FCStone Inc. (NASDAQ:INTL) today announced that its London-based subsidiary, INTL FCStone Ltd's Precious Metals division is now a Direct Participant to the London Bullion Market Association (LBMA) Gold Auction, having been approved to participate in the process earlier this month. ICE Benchmark Administration (IBA) introduced central clearing to the twice-daily London gold auction, removing…

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February 28, 2017 BY Valentina Kirilova

INTL FCStone Inc. launches first web-based gold trading platform

INTL FCStone Inc. (NASDAQ:INTL) just announced that its London-based subsidiary, INTL FCStone Ltd, Precious Metals' division is delivering unprecedented global market access to gold trading around the world with the launch of their premium-based, physical trading platform, PMXecute+. PMXecute+ allows customers access to INTL's entire global inventory and network of trusted supply partners. Customers who do…

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INTL FCStone opens its know-risk platform to broader market
February 27, 2017 BY Valentina Kirilova

INTL FCStone Financial launches Agency Commercial Mortgage-Backed Securities trading

INTL FCStone Inc. (NASDAQ: INTL) just announced that the Broker-Dealer Rates Group of its wholly owned subsidiary, INTL FCStone Financial Inc., has entered the U.S. agency commercial mortgage-backed (Agency CMBS) market. The Company also disclosed today that it has expanded its asset-back securities (ABS) trading to all investment grade categories. The launch of the Agency…

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February 10, 2017 BY Valentina Kirilova

INTL FCStone Financial establishes Securitized Products Group

INTL FCStone Inc. (NASDAQ: INTL) announced that the Broker-Dealer Rates Group of its wholly owned subsidiary, INTL FCStone Financial Inc., has formed a Securitized Products Group in order to enhance its Mortgage- and Asset-Backed Securities operations. The Securitized Products Group supports INTL FCStone Financial's dedication to providing dealer and market maker services to buy-side clients.…

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INTL FCStone Inc. volumes
February 09, 2017 BY Valentina Kirilova

INTL FCStone Inc. reports 23% record rise in operating revenues in 1Q 2017

Commodities and Forex broker INTL FCStone Inc. (NASDAQ:INTL) just announced its financial results for the fiscal year 2017 first quarter ended December 31, 2016. Interest Income/Expense: Overall interest income increased $1.7 million to $10.4 million in the first quarter, primarily due to $1.3 million in incremental interest revenue from our acquired correspondent securities clearing and independent…

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