INTL FCStone Financial launches Prime Brokerage
April 25, 2019
Songquan Deng?Shutterstock

INTL FCStone Inc has this week announced out of New York that its subsidiary, INTL FCStone Financial, has launched a prime brokerage division, offering multi-asset prime brokerage, execution, outsourced trading, custody, and self-clearing and introduced clearing services for hedge funds, mutual funds, and family offices.

It says the prime brokerage division will offer a flexible platform to more effectively execute trades, custody, and clearing for US and global equities, options, futures, foreign exchange (FX), and fixed income through INTL FCStone. Institutional clients will also benefit from INTL FCStone's full range of financial services and products within the securities, commodities, derivatives, FX, global payments, and wealth management sectors.

Douglas Nelson, Managing Director and Co-Head, Prime Brokerage, said: "INTL FCStone has long been a leader in clearing and trade execution, and we are pleased to offer firms an accompanying multi-asset prime brokerage option. Our model couples sophisticated technology with direct clearing capabilities, combined with introduced clearing options, to enable clients to evolve without having to establish separate prime relationships. These new services will allow firms operating on legacy systems to benefit from our cutting-edge technology and streamlined cloud-based solutions, providing better service, flexibility, efficiency, and simplicity."

Based in Atlanta, the Prime Brokerage team will be led by Nelson, Michael DeJarnette, Managing Director and Co-Head, and Nicholas DeJarnette, Managing Director and Co-Head. The company says it is rapidly expanding the division with several hires, including Lindsey Sine, as Director, Client Services and Onboarding, who joins from Goldman Sachs.





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INTL FCStone Inc has this week announced out of New York that its subsidiary, INTL FCStone Financial, has launched a prime brokerage division, offering multi-asset prime brokerage, execution, outsourced trading, custody, and self-clearing and introduced clearing services for hedge funds, mutual funds, and family offices.

It says the prime brokerage division will offer a flexible platform to more effectively execute trades, custody, and clearing for US and global equities, options, futures, foreign exchange (FX), and fixed income through INTL FCStone. Institutional clients will also benefit from INTL FCStone's full range of financial services and products within the securities, commodities, derivatives, FX, global payments, and wealth management sectors.

Douglas Nelson, Managing Director and Co-Head, Prime Brokerage, said: "INTL FCStone has long been a leader in clearing and trade execution, and we are pleased to offer firms an accompanying multi-asset prime brokerage option. Our model couples sophisticated technology with direct clearing capabilities, combined with introduced clearing options, to enable clients to evolve without having to establish separate prime relationships. These new services will allow firms operating on legacy systems to benefit from our cutting-edge technology and streamlined cloud-based solutions, providing better service, flexibility, efficiency, and simplicity."

Based in Atlanta, the Prime Brokerage team will be led by Nelson, Michael DeJarnette, Managing Director and Co-Head, and Nicholas DeJarnette, Managing Director and Co-Head. The company says it is rapidly expanding the division with several hires, including Lindsey Sine, as Director, Client Services and Onboarding, who joins from Goldman Sachs.



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