StoneX Expands with IIBX Membership, New Offices in Pune and Bengaluru, India

Core Insights - StoneX Group Inc. has expanded its operations in India by opening new offices in Pune and Bengaluru, with a total capacity of 800 seats, reflecting its strategy to leverage India's talent pool [1] - Since the establishment of its Global Capability Centre in India in 2019, StoneX has grown significantly, now employing over 550 staff in the country, contributing to a global workforce of more than 4,300 employees [2] - The company has established an office in GIFT City to facilitate trading in precious metals, becoming the first international entity to be a trading and self-clearing member on the India International Bullion Exchange [6] Company Commitment and Growth - Greg Kallinikos, APAC CEO, highlighted India's role in StoneX's technological advancements, citing the country's innovation and talent pool as key factors for expansion [3] - Abbey Perkins, Chief Information Officer, emphasized the company's strong commitment to the Indian market and its growth trajectory [4] - Manu Dhir, General Manager of StoneX India, noted a nearly 40% year-on-year growth in headcount and the focus on recruiting top talent from local universities [5] Operational Highlights - StoneX's Global Capability Centre has evolved from a single technology team to a cross-functional center, offering substantial career growth opportunities, including leadership roles [5] - The company operates a global financial services network, connecting various market participants through digital platforms and execution services [7]