StoneX Group has announced plans to acquire R.J.
O’Brien & Associates, a US futures brokerage firm. The deal, valued at an estimated $900 million in equity, is
expected to close later this year.
According to the company’s report, under the
agreement, R.J. O’Brien’s global operations will be merged into StoneX. The combined business is expected to be a substantial futures commission merchant in the US, with RJO's client accounts currently at 75,000.
Consolidation to Boost Global Market Infrastructure
“In addition to all the products we offer today, our
clients and brokers will have a plethora of new products and services across
asset classes available at their fingertips, bringing meaningful new trading
and hedging opportunities. At the same time, our organization will benefit from
new efficiencies, premier technologies, and greater growth potential,” RJO
Chairman and CEO Gerry Corcoran said.
StoneX to Acquire @rjobrien, Creating a Global Derivatives Leader
Read our full press release: https://t.co/EF6IYQXoAT pic.twitter.com/m8JL4v0WoP
— StoneX Group Inc. (@StoneX_Official) April 14, 2025
RJO CEO Gerry Corcoran, who has led the firm for over
20 years, will remain in a senior leadership role within StoneX. He framed the
merger
Merger
A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d
A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d
Read this Term as a natural next step in the firm’s evolution, one that maintains
client relationships while offering access to new products and platforms.
The merger also signals a shift in ownership for the
O’Brien family, which has been a majority shareholder in RJO for generations. Following the transaction, they will become major shareholders in StoneX.
Next Steps and Closing Timeline
The transaction remains subject to regulatory approval
and other closing conditions, and completion is expected in the third quarter of this year. Broadhaven Capital Partners provides financial advisory services for RJO, while Mayer Brown LLP serves as legal counsel.
StoneX Group has recently expanded significantly through notable acquisitions. Early this year, the NASDAQ-listed firm acquired Octo Finances, a Paris-based fixed-income brokerage, to strengthen its European
presence. According to the company, the deal is expected to boost
its offerings in bond and convertible sales, debt capital markets, and credit
research.
StoneX also added Benchmark Company, a New York-based investment banking firm, into its brand last month. The step aimed to expand StoneX’s investment banking, equity research, and capital markets capabilities.
StoneX Group has announced plans to acquire R.J.
O’Brien & Associates, a US futures brokerage firm. The deal, valued at an estimated $900 million in equity, is
expected to close later this year.
According to the company’s report, under the
agreement, R.J. O’Brien’s global operations will be merged into StoneX. The combined business is expected to be a substantial futures commission merchant in the US, with RJO's client accounts currently at 75,000.
Consolidation to Boost Global Market Infrastructure
“In addition to all the products we offer today, our
clients and brokers will have a plethora of new products and services across
asset classes available at their fingertips, bringing meaningful new trading
and hedging opportunities. At the same time, our organization will benefit from
new efficiencies, premier technologies, and greater growth potential,” RJO
Chairman and CEO Gerry Corcoran said.
StoneX to Acquire @rjobrien, Creating a Global Derivatives Leader
Read our full press release: https://t.co/EF6IYQXoAT pic.twitter.com/m8JL4v0WoP
— StoneX Group Inc. (@StoneX_Official) April 14, 2025
RJO CEO Gerry Corcoran, who has led the firm for over
20 years, will remain in a senior leadership role within StoneX. He framed the
merger
Merger
A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d
A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d
Read this Term as a natural next step in the firm’s evolution, one that maintains
client relationships while offering access to new products and platforms.
The merger also signals a shift in ownership for the
O’Brien family, which has been a majority shareholder in RJO for generations. Following the transaction, they will become major shareholders in StoneX.
Next Steps and Closing Timeline
The transaction remains subject to regulatory approval
and other closing conditions, and completion is expected in the third quarter of this year. Broadhaven Capital Partners provides financial advisory services for RJO, while Mayer Brown LLP serves as legal counsel.
StoneX Group has recently expanded significantly through notable acquisitions. Early this year, the NASDAQ-listed firm acquired Octo Finances, a Paris-based fixed-income brokerage, to strengthen its European
presence. According to the company, the deal is expected to boost
its offerings in bond and convertible sales, debt capital markets, and credit
research.
StoneX also added Benchmark Company, a New York-based investment banking firm, into its brand last month. The step aimed to expand StoneX’s investment banking, equity research, and capital markets capabilities.
