INTL FCSTONE

The broker will change its name from 'Gain Capital Japan Co., Ltd.' to 'Stone X Financial Co., Ltd.'

The company has selected Genesis low-code application platform to fully automate its middle office workflows.

The company did not admit or deny the allegations.

The FX revenue of the platform spiked 785 percent last year.

GAIN has reported strong results for the 2020 first half.

Finance Magnates interviews Sean O’Connor, CEO of INTL FCStone, to get his take on recent developments.

The new name will come into effect on the 6th of July 2020.

He has nearly a decade of experience in big banks.

The proceeds will be used to fund the acquisition of GAIN Capital.

Directors Peter Quick and Chris Sugden, no longer support the merger with INTL FCStone Inc.

In the three months ended March 31, 2020, the company had revenues of $20.4 billion.

The transaction is expected to close in mid-2020.

Foreign exchange trading, however, fell during the period.

The acquisition completes the company’s series of purchases to ensure a smooth Brexit transition.

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Stay up to date with the most interesting stories in the crypto and FX space.

The broking business of the company covers more than 170 trading markets in equities and fixed income.

We sift through the best stories from the past seven days in the world of online trading

INTL’s clients will have access from an additional venue to access competitive spot pricing.

The company has acquired the futures and options brokerage and clearing business of UOB Bullion and Futures Limited.

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