StoneX Group Inc. operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystems in the United States, Europe, South America, the Middle East, Asia, and internationally. The company operates through four segments: Commercial, Institutional, Self-Directed/Retail, and Payments.
The Commercial segment provides risk management and hedging, voice brokerage, market intelligence, physical commodity trading, and commodity financing, marketing, procurement, logistics, and price management services. It also engages in the execution and clearing of exchange-traded and OTC products.
The Institutional segment offers a suite of equity trading services to institutional clients, clearing and execution services in futures and securities exchanges, and brokerage foreign exchange services for financial institutions and professional traders. This segment includes OTC products, such as 24-hour execution of spot, forwards, and options, as well as non-deliverable forwards in liquid and exotic currencies. Additionally, it originates, structures, and places debt instruments in capital markets and acts as an institutional dealer in fixed income securities to serve asset managers, commercial bank trust and investment departments, broker-dealers, and insurance companies. It also engages in asset management business.
The Self-Directed/Retail segment provides trading services and solutions in the global financial markets, including spot foreign exchange, precious metals trading, contracts for differences, and spread bets. It also offers wealth management services and provides physical gold and other precious metals in various forms and denominations through Stonexbullion.com.
The Payments segment provides customized payment, technology, and treasury services to banks and commercial businesses, charities, and non-governmental and government organizations. It also offers pricing and local currency payments services. The company was formerly known as INTL FCStone Inc. and changed its name to StoneX Group Inc. in J.
