Client-focused financial services with global presenceAs a leading financial services network, we empower our clients with unparalleled access to the global markets via our institutional-grade platforms, high-touch support and local expertise.
Our historyFounded in 1924, our company has a rich history spanning nearly a century. Over the last decade, StoneX has made over 20 strategic acquisitions that have significantly enhanced our resources and global reach, enabling us to provide extensive market access to the clients we serve. 1924 - 1970In 1924, Saul Stone, a door-to-door egg wholesaler, forms Saul Stone and Company, predecessor to FCStone. In 1930, Saul Stone and Company becomes one of the first clearing members of the Chicago Mercantile Exchange (CME). In the 1970s, Saul Stone and Company becomes one of the major innovators on the CME’s International Monetary Market, bringing financial futures to the forefront of industry. 1978 - 1985In 1978, a new entity called Farmers Commodities Corporation is formed to accommodate the grain hedging brokerage services. Three years later, International Assets is established as an internationally focused boutique brokerage firm. In 1983, the Farmers Commodities Corporation (FCC) becomes a clearing member of the Kansas City Board of Trade and in 1985 purchases its first seat on the Chicago Board of Trade. 1994 - 2003In 1994, International Assets is officially listed on NASDAQ under the stock ticker "IACC." FCC acquires Saul Stone and Company to become one of the nation’s largest commercial grain brokerage firms. In 2003, the current management team takes control of International Assets with a strategy to focus on wholesale execution. 2004 - 2019In 2004, International Assets and FCStone have a series of acquisitions to expand their global reach including Global Currencies, Gainvest, Downes-O’Neill and Globecot, among others. International Assets Holding Corporation and FCStone Group, Inc. merge five years later. In 2011, International Assets Holding Corporation changes their name to INTL FCStone Inc.
In 2017, INTL FCStone completes its acquisition of Sterne, Agee and Leach Inc., providing significant benefits to clearing and custody correspondents via an increase in regulatory capital, as well as greater trading and operational efficiencies. The company also makes several acquisitions to bolster its wealth management, energy, precious metals and payments offerings. 2020 - presentIn 2020, the company acquires GAIN Capital Holdings, Inc., significantly expanding its retail footprint through the addition of FOREX.com and City Index. INTL FCStone rebrands itself as StoneX (NASDAQ: SNEX), as the parent company becomes StoneX Group Inc. and its customer-facing subsidiaries incorporate the new brand name. In 2021, the company acquires Chasing Returns Limited and acquires a minority stake in diversity broker Tigress Partners LLC. The company acquires Cotton Distributors Inc. in 2022 which significantly expands its cotton trading and hedging capabilities.
