Core Insights - StoneX Group Inc. has received approval from CME Group to operate a New York vault for storing and delivering precious metals, enhancing its integrated offerings in this sector [1][2][3] Group 1: Approval and Infrastructure - The approval allows StoneX clients to access the COMEX and NYMEX delivery network through the New York vault, facilitating secure storage and direct exchange access for institutional traders and other clients [2][3] - The New York vault is one of only 11 depositories in the U.S. approved for COMEX and NYMEX deliveries, positioning it as a key logistical hub for exchange-traded metals [3] Group 2: Market Context and Demand - There has been a record influx of physical metal into New York, with COMEX inventories exceeding 43 million ounces of gold in Q1 2025, indicating strong global demand for U.S.-based storage solutions [2] - The establishment of the New York vault enhances market infrastructure and expands delivery options for clients, reinforcing StoneX's capabilities in physical metals logistics [2][3] Group 3: Strategic Vision and Leadership - The approval aligns with StoneX's long-term strategy to create a fully integrated global metals platform, enhancing its ability to serve clients from trade execution to physical settlement [4] - Leadership emphasizes the significance of this development in providing seamless, end-to-end solutions for precious metals clients, highlighting the firm's unique position as both a regulated FCM and an exchange-approved depository [4]

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]

NEW YORK, March 11, 2025 (GLOBE NEWSWIRE) -- StoneX Group Inc. (the “Company”; NASDAQ: SNEX) has signed an agreement to acquire The Benchmark Company, LLC (“Benchmark”). This strategic acquisition will strengthen StoneX’s offerings in equity and debt capital markets, with significant enhancements in equity research and investment banking. The Benchmark Company is a full-service investment banking firm offering a robust sales and trading platform, award-winning equity research, and a highly experienced inves ...

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]

LONDON, Feb. 21, 2025 (GLOBE NEWSWIRE) -- With just over one month until kick-off, The Showdown 5, in association with StoneX Group Inc., has achieved its fastest-ever sales rate. More than 45,000 tickets have already been sold for the pivotal London derby between Saracens Rugby Club and Harlequins F.C. at the Tottenham Hotspur Stadium on Saturday, 22 March. This exceptional demand highlights the excitement for one of the Premiership's biggest games of the season, featuring international stars like Maro Ito ...