INTL FCStone Inc. Subsidiary Acquires Sinclair & Company
NEW YORK, Feb. 5, 2014 (GLOBE NEWSWIRE) -- INTL FCStone Inc. (Nasdaq:INTL)
today announced that its wholly owned subsidiary, FCStone, LLC, has acquired
Sinclair & Company, an introducing broker in Twin Falls, Idaho. Focusing on
dairy, grains and livestock, Sinclair & Company has been meeting the commodity
risk management needs of their customers since the late 1970s.
Robert Chesler, VP of FCStone, LLC's Food Division, said, "We're thrilled to
add Sinclair & Company's skills and capabilities to the INTL FCStone team.
Their understanding and history in the futures markets will add a unique facet
to the services offered by INTL FCStone."
James Carr, President/CEO of Sinclair & Company, said, "Joining INTL FCStone
is going to allow us to offer our customers a much wider range of products and
services than are currently available.We're excited by the prospect of
introducing them to the breadth and depth of INTL FCStone and what they offer
in the field of commodity price risk management."
About INTL FCStone Inc.
INTL FCStone Inc. (INTL) provides execution and advisory services in
commodities, currencies and international securities. INTL's businesses, which
include the commodities advisory and transaction execution firm FCStone Group,
serve more than 20,000 customers in more than 100 countries through a network
of offices in eleven countries around the world.
Further information on INTL is available at www.intlfcstone.com.
CONTACT: INTL FCStone Inc.
Director of Public Relations
Press spacebar to pause and continue. Press esc to stop.