INTL FCStone Acquires IFCM Commodities GmbH

There’s been yet another acquisition carried out by INTL FCStone Inc., with the company announcing this Monday that it has acquired IFCM Commodities, GmbH, a company based in Germany.

INTL FCStone is a financial services organization and operator of multi-asset prime brokerage INTL FCStone Financial. According to the statement released by the company today, the acquisition closed on January 2 this year.

IFCM Commodities has been working closely with the financial organization for quite some time. In fact, the German-based company has been acting as the Tied Agent for the financial services company's Metals Division since 2011, serving clients in Germany and continental Europe.

Commenting on the acquisition, Barry Canham, Global Head of Metals at INTL FCStone, said: “After nearly a decade of working together with INTL FCStone’s Metals Team as a strategic partner handling their German client base and trade flows, we look forward to making our partnership with IFCM Commodities official."

“This is a critical step in our overall strategy to prepare our business lines for any potential disruption due to upcoming regulatory changes that will impact Europe.”

The commodities broker specializes in providing commodity price Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term solutions for base metals across continental Europe. The acquisition of the broker is part of INTL’s strategic plan to expand its footprint across Germany and continental Europe in general, so it can service its clients post-Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term.

“It’s exciting to officially formalize our strategic partnership with INTL FCStone combining our teams and complementary capabilities under one roof,” added Ramon Martul-Franco, CEO of IFCM Commodities GmbH.

“We will use our local expertise along with the resources and credibility of INTL FCStone in order to establish a strong foothold to continue providing our clients in the region with excellent service.”

INTL FCStone continues acquisition spree

The financial services company has acquired numerous companies in recent months. As Finance Magnates reported, the company recently announced in December that it would add the brokerage businesses of Tellimer Group to its repertoire. The firm has also acquired futures and options brokerage and clearing business of UOB Bullion and Futures Limited, among others.