StoneX completes acquisition of GIROXX GmbH in Germany LeapRate

October 06, 2020 BY Steffy Bogdanova

StoneX completes acquisition of GIROXX GmbH in Germany

With the acquisition now finalized, StoneX’s Global Payments Division can extend its business to small-to-medium sized corporations in addition to serving a customer base of NGOs, financial institutions and corporates. These services allow SMEs to remain competitive by enabling efficient liquidity planning and ability to scale their business globally by processing international payments quickly and…

September 25, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: ATFX adds Merck & Co share CFDs, CFH announced a dedicated Zero hold time liquidity pool

Westpac Banking Corporation announced reaching an agreement with the Australian Transaction Reports and Analysis Centre (AUSTRAC for 23 million alleged breaches of anti-money laundering laws. The bank agreed to pay $1.3 billion to settle the charges in the biggest penalty in Australian corporate history. Digital asset trading platform Bitfinex launched real-time market data feed to…

September 22, 2020 BY Steffy Bogdanova

StoneX's Prime Brokerage Group launches an outsourced emerging managers platform

Andrew Caplan, Head of Outsourced Trading at INTL Fillmore Advisors, a subsidiary of StoneX Group, sad: Emerging asset managers increasingly turn to outsourced trading desks to meet the challenges of heightened best execution requirements and market structure changes. Our team provides a premium service to these managers, offering our experience and professional buy-side traders as…

July 31, 2020 BY Steffy Bogdanova

StoneX finalizes acquisition of Gain Capital

Glenn Stevens, CEO of GAIN, commented on the transaction: As a result of this combination, GAIN’s customers will benefit from a richer product offering, as well as the expanded resources and greater scale of the combined firm. StoneX, in turn, will add a new digital platform to its global financial network, significantly expanding its offering…

July 07, 2020 BY Steffy Bogdanova

StoneX Group announces stock ticker symbol change to SNEX

INTL FCStone announced its filling to the US Securities and Exchange Commission regarding the rebranding to StoneX earlier in May 2020. The company said that its old name, INTL FCStone, reflects the merger between International Assets Holding Corporation and FCStone Group from 2011. After operating with the same name for nine years, the board is…

July 02, 2020 BY Steffy Bogdanova

Canadian regulator approves StoneX acquisition of GAIN Canada

As per the agreement, financial services provider INTL FCStone would acquire Gain for $6.00 per share in all-cash transaction, amounting to approximately $236 million in equity value. NTL FCStone has also agreed to make an offer at closing to repurchase GAIN Capital’s $92 million convertible notes due 2022 as part of the transaction. Financial services…

June 26, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Andrey Dashin launches Exinity Group, ActivTrades expects record revenues in H1 2020

The Italian Banking Association (ABI) has shown its willingness to support a digital currency from the European Central Bank. The ABI has approved official guidelines for governing a Central Bank Digital Currency (CBDC). The Executive Committee of the ABI has agreed on ten fundamental criteria to issue the digital euro. London Stock Exchange Group (LSEG) announced…

June 25, 2020 BY Steffy Bogdanova

INTL FCStone rebrands and expands its relationships with Eventus in the EMEA region

Alexander Culley, Chief Compliance Officer, EMEAA (Europe, the Middle East, Africa and Asia) for INTL FCStone Ltd., said: Our colleagues in the U.S. have been extremely pleased with the ability to customize alerts as well as the performance and flexibility of the Validus platform – not only as it relates to U.S. trading venues but…

Tag: StoneX