Peer comparison is a popular technique amongst analysts and investors for gauging how well lmfx review a company is performing. A company’s peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company’s peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis. StoneX has shown growth through strategic acquisitions and expanding its service offerings, though its performance can be influenced by market conditions and trading volumes. The Payments segment provides customized payment, technology, and treasury services to banks and commercial businesses, charities, and non-governmental and government organizations; and pricing and local currency payments services.
Forward-looking statements are based on management’s current expectations and assumptions and not on historical facts. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance.
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Analyze, execute, and trade stocks, options, ETFs, and more – from one powerful platform. The acquisition is due to close in the third quarter of this year, subject to regulatory approvals. O’Brien will be StoneX’s largest acquisition and O’Connor said the combination replicates what it has today, but provides scale and operational leverage. StoneX Group will be acquiring 100% of RJ O’Brien for $900m, subject to normal price adjustments, and will also assume up to $143m of subordinated debt.
He believes that the combined product set will be a “tremendous” opportunity for the introducing brokers and the brokers at R.J. O’Brien who can offer a full toolkit to their commercial clients. O’Brien board and the O’Brien family have been exploring all the available strategic options since John O’Brien, Sr. passed away in July 2022. In 1986 he became chief executive, and chairman in 2000, of the firm that had been founded by his grandfather, John V. McCarthy, in 1914. He followed in the footsteps of his brother, Robert J. O’Brien, Jr., and his father, Robert J. O’Brien, Sr., in running the company. In addition, StoneX has 54,000 institutional, commercial and payments 6 harmonic patterns to use in trading clients and just shy of half a million retail, self-directed clients.
We connect clients to markets.
- He followed in the footsteps of his brother, Robert J. O’Brien, Jr., and his father, Robert J. O’Brien, Sr., in running the company.
- The company also provides OTC products, global payment, commodity financing and logistics services, equity trading and foreign exchange trading services.
- In addition, StoneX has 54,000 institutional, commercial and payments clients and just shy of half a million retail, self-directed clients.
- Our common stock is traded on the Nasdaq Global Market under the ticker symbol SNEX.
StoneX also provides services tailored for commercial clients, such as agricultural producers and energy companies. This includes risk management for commodity prices, market access, and advisory services. The firm’s expertise in commodity markets allows it to deliver strategic insights to help clients navigate market fluctuations. StoneX Group Inc. operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem in the United States, Europe, South America, the Middle East, Asia, and internationally. The combination of the two businesses will create a global derivatives clearing firm with significant revenue opportunities from cross-selling opportunities, according to O’Connor. O’Brien’s institutional client base is advising banks and financial institutions on how to hedge their interest rate risk.
- StoneX recognizes that our business – and how we choose to operate it – creates impacts that extend beyond our company to affect our physical environment, our society and the global climate.
- StoneX has shown growth through strategic acquisitions and expanding its service offerings, though its performance can be influenced by market conditions and trading volumes.
- Corcoran described RJ O’Brien as covering the gamut of products, but with strengths are in agricultural products, fixed income and OTC products.
- The acquisition significantly strengthens StoneX’s position as a leading FCM and enhances its role as an essential part of the global financial market structure, offering institutional grade execution, clearing, custody, and prime brokerage across all asset classes.
- The company has operations in the Americas, Europe, Asia, the Middle East, and Africa.
StoneX differentiates itself through its diversified business model, strong technology infrastructure, and extensive market knowledge, allowing it to serve a broad range of clients effectively. In this article, we will delve into the intricacies of StoneX Group Inc.’s operations, assess its strengths and weaknesses, explore potential opportunities and threats, and identify its major competitors in the financial services arena. StoneX does not pay dividends on its common stock and does not anticipate doing so in the foreseeable future.
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StoneX One accounts opened through StoneX Securities Inc. are introduced to and custodied at StoneX Financial Inc. (SFI), and all customer orders will be transmitted to SFI for execution, clearance and settlement. Nothing on this site is an offer to sell or a solicitation of an offer to buy securities, futures, options, products, or services in any country where doing so would be contrary to local law or regulation. Trade your way and access elite charting, real-time intelligence and market analysis through a streamlined platform – a truly seamless experience from deposit to execution. In 2014, INTL’s subsidiary StoneX (previously INTL FCStone) acquired Sinclair and Company.
StoneX Group Short Interest Graph (3 Months)
He said on the conference call that the acquisition is “incredibly complementary,” and should be transformative. RJO brings an attractive financial profile to StoneX, having generated $766 million in revenue and approximately $170 million in EBITDA during calendar 2024. StoneX recognizes that our business – and how we choose to operate it – creates impacts that extend beyond our company to affect our physical environment, our society and the global climate. That’s why we cultivate a culture that emphasizes our commitment to ESG – through good corporate citizenship, diverse perspectives and full transparency. The primary risks include market dependence, regulatory challenges, intense competition, economic uncertainty, and cybersecurity threats. Our common stock is traded on the Nasdaq Global Market under the ticker symbol SNEX.
StoneX is a Fortune 100 company with operations in six continents and a market capitalization of over $3.5 billion. O’Brien has offices and affiliates in North America, Europe, the Middle East and Asia. Filling out the online application takes just a few minutes and once your account is approved, you can begin trading right away. Approval is quick for most accounts but there may be times where we need a little more time to review an account and we may request more information before an account is approved. Build your portfolio, boost your expertise and discover a world of market opportunities from a single portal. The transaction is expected to close in the second half of 2025, subject to regulatory approvals and customary closing conditions.
As one of the fastest growing Fortune 100 companies trading more than $4.4 trillion dollars worth of Securities, FX / CFD, and Global Payments contracts every year, you can count on us for reliable market access and best execution. StoneX offers a range of services, including access to global markets, risk management solutions, institutional services, retail trading platforms, and commercial solutions. He continued that both firms have been focused on building the best possible financial ecosystem for clients of all types that need access to the global markets. They both provide both high-touch and electronic execution, as well as clearing, custody and prime brokerage across all asset classes. Sean O’Connor, founder and executive vice chairman of global financial services network StoneX Group, said on a conference call on 14 April that the firm was very excited to announce the “transformational transaction” of its acquisition of R.J. O’Brien, one of hawkish meaning the oldest and largest independent derivative firms.
StoneX has obtained fully committed bridge financing for the cash portion of the consideration and plans to issue approximately $625 million of long-term debt prior to the closing date. Interactive Brokers is a well-known online brokerage firm that offers trading in stocks, options, futures, and forex. Its advanced trading platform and competitive pricing attract both retail and institutional clients. StoneX caters to institutional clients, including hedge funds, pension funds, and insurance companies. The firm provides a full suite of services, ranging from trading and execution to custody and clearing. Their institutional platform is designed to meet the complex needs of large financial entities, ensuring compliance and operational efficiency.
At this time, shares of our common stock are only available for purchase through a licensed broker. Broadhaven Capital Partners is serving as exclusive financial advisor to RJO, and Mayer Brown LLP is serving as its legal advisor. Enjoy straightforward, competitive pricing for all securities trades, no inactivity fees, and multiple free market data and news services.
This post by Benzinga Money explains how you can profit from it. According to Benzinga Pro, StoneX Group’s peer group average for short interest as a percentage of float is 3.43%, which means the company has less short interest than most of its peers. History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Traders make money from short selling if the price of the stock falls and they lose if it rises. StoneX Group’s SNEX short percent of float has risen 25.81% since its last report. The company recently reported that it has 1.01 million shares sold short, which is 2.73% of all regular shares that are available for trading.
StoneX has obtained fully committed bridge financing for the cash portion of the consideration and plans to issue approximately $625m of long-term debt prior to the closing date. In addition, StoneX provides banks with other products including global payments and foreign exchange. Some banks use StoneX to clear equities for their high net worth business. Understanding StoneX’s business model, SWOT analysis, and competitors provides valuable insights for investors and stakeholders. As the financial services sector continues to evolve, staying informed about key trends and developments will be crucial for success. SFI is a member of FINRA/NFA/SIPC and registered with the MSRB.
