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- Accounts opened through StoneX One are currently available to U.S. persons only.
- The firm provides a full suite of services, ranging from trading and execution to custody and clearing.
- StoneX Group Inc. is a global financial services firm that operates a diversified model, offering a broad range of services across various sectors, including institutional, retail, and commercial clients.
- Our actual results may differ materially from those contemplated by the forward-looking statements.
We connect clients to markets
This includes hedging strategies, advisory services, and customized financial products designed to mitigate risk in volatile markets. StoneX leverages its extensive market knowledge and technology to provide clients with effective risk management tools. StoneX is acquiring RJO for approximately $900 million in equity value, broker liteforex comprised of $625 million in cash and approximately 3.5 million shares of StoneX common stock, each subject to customary purchase price adjustments.
Schwab is a major player in the retail brokerage space, known for its low-cost trading and investment services. The company has attracted a significant number of retail investors, posing a challenge to StoneX’s retail division. Securities products and services are offered through StoneX Securities Inc., a registered broker-dealer and member FINRA/SIPC.
StoneX to acquire R.J. O’Brien, creating a market leader in global derivatives
- Securities products and services are offered through StoneX Securities Inc., a registered broker-dealer and member FINRA/SIPC.
- A leading global investment banking, securities, and investment management firm, Goldman Sachs offers a comprehensive range of financial services to a diverse client base, including corporations, financial institutions, and governments.
- In addition to institutional services, StoneX has a robust retail division that caters to individual investors.
- The primary risks include market dependence, regulatory challenges, intense competition, economic uncertainty, and cybersecurity threats.
StoneX Group Inc (StoneX) is a global financial services network, which connects organizations, companies, investors and traders to the global market ecosystem through a combination of digital platforms, high touch service, clearing and execution services, and expertise. It offers risk management and advisory, execution, market intelligence and clearing services in various asset classes globally. The company also provides OTC products, global payment, commodity financing and logistics services, equity trading and foreign exchange trading services. It serves corporates, brokers, cooperatives, non-profit organizations, fund managers, banks, insurance companies, proprietary trading firms, investment advisers, hedge funds, and commercial hedger. The company has operations in the Americas, Europe, Asia, the Middle East, and Africa. The purchase price will be paid in a combination of cash and shares of StoneX common stock.
The acquisition significantly strengthens StoneX’s position as a leading FCM and enhances its role as an essential part of the global financial market structure, offering institutional grade execution, clearing, custody, and prime brokerage across all asset classes. StoneX Group Inc. is a global financial services firm that operates a diversified model, offering a broad range of services across various sectors, including institutional, retail, and commercial clients. Founded in 1922 and headquartered in New York City, the firm has expanded its reach through strategic acquisitions and an evolving business model tailored to meet the needs of its diverse clientele. As we look toward 2024, understanding StoneX’s business model, SWOT analysis, and competitive landscape becomes essential for stakeholders, investors, and anyone interested in the financial services sector. StoneX One is a product of StoneX Group Inc., a global financial services company providing execution and clearing across equities, futures, fixed income, FX, commodities, and metals.
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Bank of America is acting as exclusive financial advisor to StoneX and is providing committed debt financing for the acquisition. Davis Polk & Wardwell LLP is serving as StoneX’s legal counsel. Broadhaven Capital Partners is acting as exclusive financial advisor to RJO, and Mayer Brown LLP is serving as its legal advisor. Davis Polk & Wardwell LLP is serving as StoneX’s legal counsel. As we move into 2024, StoneX Group Inc. is well-positioned to navigate the complexities of the financial services landscape.
The acquisition expands StoneX’s client float by nearly $6 billion, adds nearly 300 IBs to its network, and is projected to increase cleared listed derivatives volume by ~190 million contracts annually. The acquisition expands StoneX’s client float by nearly $6 billion, adds nearly 300 IBs to its network, and is projected to increase cleared listed derivatives volume by ~190 million contracts annually. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish. By understanding the complexities of StoneX Group Inc. and its environment, stakeholders can make informed decisions regarding their involvement with this prominent player in the financial services industry. How does StoneX Group Inc. differentiate itself from competitors?
Therefore, we caution you against relying on any of these forward-looking statements. In providing forward-looking statements, StoneX is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If StoneX updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements. A leading global investment banking, securities, and investment management firm, Goldman Sachs offers a comprehensive range of financial services to a diverse client base, including corporations, financial institutions, and governments. In addition to institutional services, StoneX has a robust retail division that caters to individual investors.
StoneX One is an integrated trading platform offering a seamless experience for trading ETFs, mutual funds, options, stocks and more. From one platform and in one service, users can benefit from real-time market intelligence, specialist analysis and advanced charting tools all on an a easy-to-use interface. StoneX One is brought to you by StoneX, a Fortune 100 company with over a century of experience in financial markets. R.J. O’Brien was a founding member of the Chicago Mercantile Exchange in 1914, and Corcoran said it is one of the largest global non-bank financial firms with 15 global offices and 600 employees. Corcoran described RJ O’Brien as covering the gamut of products, but with strengths are in agricultural products, fixed income and OTC products.
Company
Just over one third, 36%, of revenues come from RJ O’Brien’s introducing broker business. StoneX One is a proprietary online trading platform through which investors and traders can open securities and/or futures accounts. Accounts opened through StoneX One are currently available to U.S. persons only. “The combination of these two listed derivatives businesses will result in us being one of the most significant derivatives firms globally, offering execution and clearing on almost every derivatives exchange around the globe,” said O’Connor.
Based on its trading volume, it would take traders 2.28 days to cover their short positions on average. A SWOT analysis provides 5x best forex market maker brokers july 2021 a comprehensive view of StoneX Group Inc.’s current standing in the financial services industry. This analysis will highlight the company’s internal strengths and weaknesses, as well as external opportunities and threats.
Financial Services
Through its subsidiary, Gain Capital, the company offers trading platforms and educational resources for retail clients. This segment has seen significant growth, fueled by the rise of online trading and increased market participation from retail investors. StoneX Group connects companies and investors to markets worldwide. Its services include a wide range of trading products including services for executing trading on futures exchanges, brokering of foreign currencies, and services that underpin the buying and selling of precious metals. StoneX Group Inc. is the new name for INTL FCStone Inc, as approved by the company’s shareholders on June 24, 2020. The company has also rebranded all elements of its global financial services network under the name “StoneX”, replacing the INTL FCStone brand in all of its marketing communications.
There are also just under 5,000 StoneX staff in over 20 countries. As you can triangle pattern crypto see from the chart above the percentage of shares that are sold short for StoneX Group has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.