Core Viewpoint - StoneX Group Inc. has announced a definitive agreement to acquire R.J. O'Brien for an equity value of approximately $900 million, which will enhance its position as a leading Futures Commission Merchant (FCM) and strengthen its role in the global financial market structure [1][8]. Acquisition Details - The acquisition will be financed through a combination of $625 million in cash and approximately 3.5 million shares of StoneX common stock, with StoneX also assuming up to $143 million of RJO debt [1][6]. - The transaction is expected to close in the second half of 2025, pending regulatory approvals [7]. Client and Market Impact - RJO's client base of over 75,000 accounts will benefit from StoneX's extensive range of markets, products, and services, including OTC hedging and physical commodities [2][3]. - The acquisition is projected to expand StoneX's client float by nearly $6 billion and increase cleared listed derivatives volume by approximately 190 million contracts annually [4][8]. Financial Performance - RJO generated $766 million in revenue and approximately $170 million in EBITDA during calendar 2024, contributing an attractive financial profile to StoneX [4]. - The consolidation of operations is expected to drive more than $50 million in expense synergies and unlock at least $50 million in capital synergies [8]. Strategic Commentary - Executives from both companies emphasized the transformational nature of the acquisition, highlighting the complementary capabilities and commitment to client service and risk management [5][8].

About StoneX Group Inc. NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- StoneX Group Inc. (NASDAQ:SNEX) today announced the launch of a new shell egg contract utilizing a global Price Reporting Agency (PRA) benchmark. The new contract provides egg producers, buyers, and food industry participants with a tool to help manage price risk and navigate ongoing market volatility. This first-of-its-kind offering combines StoneX's deep expertise in commodity risk management and global derivatives access with a trusted ...

NEW YORK, March 17, 2025 (GLOBE NEWSWIRE) -- StoneX Group Inc. (“StoneX”; NASDAQ: SNEX) and Bamboo Payment Systems (“Bamboo”) announce that StoneX Payments, a division of StoneX, and Bamboo have entered into a strategic partnership to expand cross-border payment offerings and coverage for global merchants. The partnership includes an undisclosed investment by StoneX. Together, the two companies will offer a leading solution for global merchants and financial institutions that need to collect and make paymen ...

Core Insights - FalconX executed the first block trade of CME Group's newly launched Solana (SOL) futures product, marking a significant milestone in institutional cryptocurrency derivatives trading [1][2] - The launch of SOL futures by CME Group is a response to increasing institutional demand for regulated access to digital assets beyond Bitcoin and Ether, providing capital-efficient ways for investors to manage exposure [2] Company Insights - FalconX is recognized as a leading digital asset prime broker, providing comprehensive access to global digital asset liquidity and a full range of trading services [4] - The firm has established itself as a key liquidity provider for CME Group's cryptocurrency derivatives, enhancing institutional access to digital assets in a secure and compliant environment [3] - FalconX's commitment to exceptional speed-to-market capabilities is emphasized as essential for institutional clients [2] Industry Insights - The introduction of SOL futures is seen as a historic moment for the Solana ecosystem, allowing institutional investors to manage risk and price exposure on a regulated platform [2] - StoneX supports CME's initiatives to enhance institutional access to cryptocurrencies, reinforcing its commitment to providing a trusted and reliable counterparty in the digital asset ecosystem [3][7]

Core Viewpoint - StoneX Group Inc. has signed an agreement to acquire The Benchmark Company, enhancing its equity and debt capital markets offerings, particularly in equity research and investment banking [1][2]. Company Overview - StoneX Group Inc. operates a global financial services network, connecting various market participants through digital platforms and extensive services. The company serves over 54,000 clients and has more than 4,400 employees across 70 offices worldwide [5]. - The Benchmark Company, founded in 1988, specializes in research, sales and trading, and investment banking services, focusing on delivering superior client service and market access [6]. Strategic Implications - The acquisition will establish a franchise-level equity research and investment banking platform at StoneX, significantly enhancing its equities capabilities and ability to provide deep market insights and comprehensive solutions to clients [3]. - The addition of Benchmark's expertise will also enhance StoneX's debt capital markets offerings, leveraging its global fixed income distribution network to deliver greater value to clients [4]. Leadership and Integration - Richard Messina, the Founder and CEO of Benchmark, will continue to lead the division within StoneX, indicating a commitment to integrating Benchmark's legacy platform with StoneX's capabilities [2][3].

LONDON, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Amid growing uncertainty over Trump’s tariff policies and concerns surrounding gold market volatility, physical gold flows, and pricing disparities, Philip Smith, Chief Executive, StoneX Group, recently appeared on Sky News Arabia’s morning business segment sharing his insights on the subject. Smith also pointed to a major pricing disconnect between New York futures contracts and the London OTC physical market. He believes that the major disconnect—ranging from $25 ...

Core Insights - StoneX Group Inc. announced its participation as a sponsor and speaker at the 2025 BAFT Europe Bank-to-Bank Forum in Amsterdam, focusing on cross-border payments and banking relationships [1] - The Payments Division of StoneX will showcase its institutional-grade infrastructure for executing international payments across over 140 currencies and 180 countries [2] Group 1: Company Overview - StoneX Group Inc. is a Fortune 100 global financial services company providing execution, risk management, advisory, and market access solutions across various sectors including commodities, securities, global payments, and foreign exchange [7] - The company operates with over 4,300 employees and serves more than 54,000 commercial, institutional, and global payments clients, along with over 400,000 retail accounts from more than 80 offices worldwide [7] Group 2: Payments Division Highlights - StoneX Payments aims to enhance FX payment capabilities for financial institutions by leveraging a network of nearly 400 correspondent banks, offering seamless currency flows, competitive pricing, and full principal protection [3] - The division addresses the growing demand for faster, lower-cost, and more transparent international transactions by working closely with clients to eliminate inefficiencies and reduce transaction costs [5] Group 3: Event Participation - David Willacy, Head of Trading EMEA – Payments FX at StoneX, will present on cross-border FX transactions in emerging and lesser-traded currencies, discussing challenges such as liquidity, settlement risks, and regulatory constraints [4] - StoneX Payments representatives will be available for one-on-one discussions at the BAFT Europe Forum to explore customized strategies for improving cross-border payment capabilities [6]

Group 1 - The Showdown 5 has achieved its fastest-ever sales rate with over 45,000 tickets sold for the match between Saracens Rugby Club and Harlequins F.C. [1] - The event is set to take place on March 22, 2025, at the Tottenham Hotspur Stadium, featuring international rugby stars [2] - Last year's Showdown 4 saw Saracens win decisively with a score of 52-7, marking Owen Farrell's 250th appearance for the team [3] Group 2 - The upcoming Showdown 5 promises an expanded five-hour entertainment program, including live music and fireworks, aiming to enhance the spectator experience [4] - The Tottenham Hotspur Stadium, which hosted 61,000 fans last year, is noted for having Europe's longest bar and an in-house brewery [4]

Group 1 - The Showdown 5 has achieved its fastest-ever sales rate with over 45,000 tickets sold for the match between Saracens Rugby Club and Harlequins F.C. [1] - The event is set to take place on March 22, 2025, at the Tottenham Hotspur Stadium, featuring international stars from both teams [2] - Last year's Showdown 4 saw Saracens win decisively with a score of 52-7, and the upcoming match is expected to reignite the rivalry as both teams compete for crucial points in the Premiership [3] Group 2 - The 2025 Showdown 5 is anticipated to be a larger event than last year, which attracted 61,000 fans, with an expanded five-hour entertainment program including live music and fireworks [4] - The Tottenham Hotspur Stadium features Europe's longest bar and an in-house brewery, enhancing the overall experience for attendees [4] Group 3 - StoneX Group Inc. operates a global financial services network, providing a blend of digital platforms, clearing and execution services, and deep expertise to its clients [5] - The company is a Fortune 100 entity headquartered in New York City, listed on the Nasdaq Global Select Market, and serves over 54,000 commercial and institutional clients [5] - StoneX Group Inc. employs over 4,300 staff across more than 80 offices worldwide, catering to both retail and institutional clients [5]

Group 1 - FOREX.com, a subsidiary of StoneX Group Inc., will participate in the Invest Cuffs conference as the official Chillout Zone Partner, marking its first appearance at this significant investment event in Poland [1][5] - Invest Cuffs has been a key event for financial education and investment discussions in Poland for over a decade, attracting thousands of attendees interested in various investment opportunities, including real estate and cryptocurrencies [2] - The conference will feature over 120 exhibitors, providing FOREX.com with a platform to engage with local and international financial experts, reinforcing its commitment to investment awareness in the region [3] Group 2 - Marcin Tuszkiewicz, CEO of Squaber.com and an experienced FOREX.com trader, will represent the company at the event, delivering a session on price action analysis and investment psychology on March 29 [4] - The event is expected to offer valuable networking opportunities and discussions on the future of investing, with FOREX.com inviting attendees to visit its booth to learn more about its trading solutions [5] Group 3 - StoneX Group Inc. operates a global financial services network, connecting various market participants through digital platforms and execution services, serving over 54,000 clients and more than 400,000 retail accounts worldwide [6] - FOREX.com is recognized as a leading online trading provider, supporting over 1 million traders globally with competitive pricing and transparent execution [7]