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StoneX acquires RJ Obrien

StoneX’s acquisition of R.J. O’Brien makes it one of the biggest brokers in the US

US forex broker Forex.com’s owner, StoneX Group Inc. (NASDAQ: SNEX) has completed its landmark acquisition of R.J. O’Brien (RJO), the oldest independent futures brokerage in the United States, in a deal that cements its position as the largest non-bank Futures Commission Merchant (FCM) in the country. The transaction marks a major milestone in StoneX’s growth strategy, […]

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Professional Trading Accounts

StoneX completes buyout of French credit broker Octo Finances

US futures broker and financial services group StoneX has completed its acquisition of Paris-based fixed income brokerage Octo Finances. The deal is intended to help develop StoneX’s fixed income offering. The firm’s brokerage business, which also currently offers foreign exchange (FX), securities and commodities trading. StoneX global head of fixed income Anthony Di Ciollo said

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Currency Transfers

StoneX teams up with NatWest to expand its cross-border payments services

NatWest, one of the UK’s leading banks, is partnering with StoneX Payments, a division of the US-based, multi-asset broker and fintech provider, StoneX Inc., to boost its cross-border payment services. StoneX also owne CFD broker, City Index and Forex platform forex.com. Although it’s important to make the distinction between a forex broker (for speculating) and

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City Index owner Stonex acquires Chasing Returns to help traders understand what they are getting right (and wrong)

Stonex Group the owner of Gain Capital and City Index has made another acquisition in the retail trading space, however, this time it hasn’t bought a brokerage. Why has City Index owner Stonex Group bought Chasing Returns? Nasdaq-listed StoneX Group Inc. (SNEX) has splashed the cash to acquire a Dublin based fintech business, Chasing Returns,

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