NASDAQ-NMS:SNEX

StoneX Becomes Member of the SWIFT Platform Partnership Program

Retrieved on: 
Thursday, October 13, 2022
Adoption, API, StoneX Group Inc., NASDAQ, Investment, Partnership, SWIFT, Application, Compliance, GPI, Online shopping, Tutoring

NEW YORK, Oct. 13, 2022 /PRNewswire/ -- StoneX Group Inc. ("StoneX" or the "Company") today announced that it is now a member of the SWIFT Platform Partnership Program through its wholly-owned subsidiary, StoneX Technology Services LLC. Membership in the SWIFT Platform Partnership Program allows StoneX's customers to connect directly to the full suite of Application Programming Interface (API) connectivity to the SWIFT network.

Key Points: 
  • NEW YORK, Oct. 13, 2022 /PRNewswire/ -- StoneX Group Inc. ("StoneX" or the "Company") today announced that it is now a member of the SWIFT Platform Partnership Program through its wholly-owned subsidiary, StoneX Technology Services LLC.
  • Membership in the SWIFT Platform Partnership Program allows StoneX's customers to connect directly to the full suite of Application Programming Interface (API) connectivity to the SWIFT network.
  • By providing this level of access to the SWIFT network, StoneX customers can access real-time data without the need for an intermediary.
  • Joining the SWIFT Platform Partnership Program furthers StoneX's commitment to provide clients with the latest in digital platforms to enhance their payments experience.

StoneX Offers Clients Access to Environmental Options & Futures Contracts via Nodal Exchange

Retrieved on: 
Thursday, September 22, 2022
Carbon, Nasdaq, Offset, ESG, International Executive Service Corps, Risk, Organization, Contract, Company, Access, Sulfur dioxide, Investment, StoneX Group Inc., Goal, NASDAQ, Renewable energy, Financial services, Nodal

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- StoneX Group Inc. (NASDAQ: SNEX) today announced that clients of its subsidiary StoneX Financial Inc. can now access the full suite of physically deliverable environmental futures and options contracts via the Nodal Exchange, enabling StoneX clients to implement and sustain environmentally conscious business practices, effectively manage risk, and maintain regulatory compliance.

Key Points: 
  • NEW YORK, Sept. 22, 2022 /PRNewswire/ -- StoneX Group Inc. (NASDAQ: SNEX) today announced that clients of its subsidiary StoneX Financial Inc. can now access the full suite of physically deliverable environmental futures and options contracts via the Nodal Exchange, enabling StoneX clients to implement and sustain environmentally conscious business practices, effectively manage risk, and maintain regulatory compliance.
  • Dave Smoldt, President of StoneX Financial Inc's Commodities Division, commented: "We've seen client demand for these environmental contracts increase significantly due to evolving environmental policies and the ongoing focus towards ESG practices.
  • Gaining access to this new exchange allows us to serve a wider range of clients, from ESG ETF advisors to the utility provider looking to hedge their operational risk, using these futures and options contracts."
  • Access to the suite of environmental products on Nodal is now available to StoneX clients.

StoneX Launches Institutional Credit Offering in Asia

Retrieved on: 
Tuesday, July 26, 2022
Group, Investment, Specialization, Industry, Deutsche Bank, EMEA, NASDAQ, Nasdaq, Bank, Financial services, StoneX Group Inc.

SINGAPORE, July 26, 2022 /PRNewswire/ -- StoneX Group Inc. (Nasdaq: SNEX) today announced that it has launched its institutional credit offering in Asia, expanding the global debt capabilities of its fixed income group into the Asia-Pacific (APAC) region.

Key Points: 
  • SINGAPORE, July 26, 2022 /PRNewswire/ -- StoneX Group Inc. (Nasdaq: SNEX) today announced that it has launched its institutional credit offering in Asia, expanding the global debt capabilities of its fixed income group into the Asia-Pacific (APAC) region.
  • The Asia-based desk will provide APAC clients with robust trading and execution advisory services and cross-border facilitation across the entire credit spectrum.
  • Anthony Diciollo, Global Co-Head of Fixed Income for StoneX, commented, "Adding a strong fixed income offering in Asia is a significant step toward building a full-service, global, fixed income offering and advances our goal of providing global, 24-hour, fixed income trading.
  • The institutional credit offering is the latest in StoneX's expansion into the region, in keeping with the rollout of our trademark boots-on-the-ground perspective across global markets.

StoneX Group Launches StoneX Digital LLC

Retrieved on: 
Wednesday, June 8, 2022
Risk management, Goal, Company, StoneX Group Inc., News, Environment, Organization, Investment, Nasdaq, NASDAQ, Cryptocurrency, Security (finance), Financial services

NEW YORK, June 8, 2022 /PRNewswire/ -- StoneX Group Inc. ("StoneX"), a diversified global financial services firm providing execution, risk management and advisory services, market intelligence, and clearing services across multiple asset classes and markets around the world, today announced the launch of StoneX Digital LLC ("StoneX Digital"), a subsidiary dedicated to providing institutional clients with access to multiple products and services for digital assets. Brian Mulcahy, who joined StoneX in 2021 as Managing Director of Multi-Asset Business Development, will lead the StoneX Digital entity. 

Key Points: 
  • ("StoneX"), a diversified global financial services firm providing execution, risk management and advisory services, market intelligence, and clearing services across multiple asset classes and markets around the world, today announced the launch of StoneX Digital LLC ("StoneX Digital"), a subsidiary dedicated to providing institutional clients with access to multiple products and services for digital assets.Brian Mulcahy, who joined StoneX in 2021 as Managing Director of Multi-Asset Business Development, will lead the StoneX Digital entity.
  • StoneX Digital seeks to provide clients the flexibility and tools to interact with markets on their terms and enable them to trade and custody cryptocurrencies.
  • The establishment of StoneX Digital comes shortly after StoneX's registered swap dealer, StoneX Markets LLC, executed its first BTC-Cash Settled Swap on behalf of one of its longtime institutional clients.
  • It is the next step for StoneX Group Inc. as it seeks, through its subsidiaries, to offer its commercial, institutional, and retail clients a comparable level of access to digital asset markets as they have to other asset classes through StoneX.

StoneX Executes First Bitcoin Cash-Settled Swap

Retrieved on: 
Tuesday, May 17, 2022
Company, FX, Investment, NASDAQ, USD, Ownership, BTC, Compliance, City Index Group, StoneX Group Inc., Institution, Financial services

NEW YORK, May 17, 2022 /PRNewswire/ -- StoneX Markets LLC (the "Company"), a subsidiary of StoneX Group Inc .

Key Points: 
  • NEW YORK, May 17, 2022 /PRNewswire/ -- StoneX Markets LLC (the "Company"), a subsidiary of StoneX Group Inc .
  • ("StoneX"), a leading provider of execution, post-trade settlement, clearing and custody services across asset classes and markets worldwide, today announced that it successfully executed and settled its first cash-settled BTC/USD swap.
  • The Company's institutional FX division made USD cash-settled crypto swaps available for trading to institutional FX clients earlier this month.
  • StoneX Group Inc., through its subsidiaries, connects clients with the global markets across all asset classes providing execution, post-trade settlement, clearing and custody services through one trusted partner.

FOREX.com Expands its Offering in Canada

Retrieved on: 
Wednesday, March 16, 2022
CFTC, News, Atomic Energy of Canada Limited, Investment, StoneX Group Inc., Organization, CFD, Disclosure, NASDAQ, CEO, Nasdaq, Snowflake, GAIN, Financial adviser, Financial services

NEW YORK, March 16, 2022 /PRNewswire/ -- FOREX.com, a trading name of GAIN Capital- FOREX.com Canada Limited, a wholly-owned subsidiary of StoneX Group Inc. (NASDAQ: SNEX), today announced the expansion of its offering in the Canadian market by offering over 2,500 new tradeable markets to Canada-based investors. FOREX.com also disclosed that it would offer Canadian customers commission-free CFD stock trading through July 1st, 2022. Bid/ask spread cost will still apply. Already the #1 FX broker in the U.S.*, this broader Canadian offering further expands FOREX.com's footprint in the Americas. 

Key Points: 
  • NEW YORK, March 16, 2022 /PRNewswire/ -- FOREX.com, a trading name of GAIN Capital- FOREX.com Canada Limited, a wholly-owned subsidiary of StoneX Group Inc. (NASDAQ: SNEX), today announced the expansion of its offering in the Canadian market by offering over 2,500 new tradeable markets to Canada-based investors.
  • Already the #1 FX broker in the U.S.*, this broader Canadian offering further expands FOREX.com's footprint in the Americas.
  • The 2,500 new markets include the most popular stocks in the global markets such as Robinhood, Coinbase and Snowflake, bringing FOREX.COM's total Canadian offering to 3,000 products.
  • "Providing a broader product offering with competitive pricing for our Canadian clients is a top priority for us," said Sixto Alonso, Regional Director of FOREX.com Americas.

Barchart's Grain Accounting APIs to Power StoneX's Merchandiser Tools

Retrieved on: 
Monday, March 14, 2022
Grain, Solution, Technology, News, API, Partnership, Investment, Publication, Organization, Multimedia, ERP, Risk, Stonehenge, Risk management, StoneX Group Inc., NASDAQ, Company, Contract, View, Nasdaq, Efficiency, Software, Airline, Online shopping, Financial services, Bar chart

This partnership will enable mutual agribusiness clients of Barchart and StoneX to read grain accounting data within StoneX's web-based merchandising system, StoneHedge.

Key Points: 
  • This partnership will enable mutual agribusiness clients of Barchart and StoneX to read grain accounting data within StoneX's web-based merchandising system, StoneHedge.
  • Additionally, joint clients will benefit from automated hedging and contract creation into grain accounting systems for offers and contracts.
  • "Together, Barchart and StoneX will help power the workflows of grain merchandisers across the world, and we look forward to building this relationship further."
  • Integrating StoneHedge, our best-in-class grain merchandising and hedging platform with Barchart's grain accounting APIs streamlines administrative tasks allowing them to focus on their core business," says Dave Smoldt, President of the StoneX Financial Inc's Commodities Division.

StoneX Launches Farm Advantage App to Put Essential Market Information in Producers' Hands

Retrieved on: 
Thursday, March 10, 2022
NASDAQ, Nasdaq, Industry, Livestock, Risk, Farmer, App Store (iOS/iPadOS), Soybean, Investment, News, StoneX Group Inc., Hand, LRP, LGM, Google Play, DRP, Weather, CEO, Agriculture

Farm Advantage gives users access to market quotes, cash bids, account positions and balances, premium weather, boots-on-the-ground market intelligence and trading tools easily and intuitively from wherever they are.

Key Points: 
  • Farm Advantage gives users access to market quotes, cash bids, account positions and balances, premium weather, boots-on-the-ground market intelligence and trading tools easily and intuitively from wherever they are.
  • Arlan Suderman, StoneX's Chief Commodities Economist, commented on the news, "This app is a really important step for StoneX as we look to digitize our offerings.
  • We spent time talking to the farming community to make sure the information they rely on is accessible through Farm Advantage.
  • Producers have access to market quotes, historical futures market charting and local cash bids with elevator contact information.