NEW YORK, Nov. 23, 2015 (GLOBE NEWSWIRE) -- INTL FCStone Inc. (NASDAQ:INTL), a leader in the development of specialized financial services in commodities, securities, global payments, foreign exchange and other markets, today announced that metals analyst Edward Meir was ranked first for his overall Q3 2015 base metals price predictions in Metal Bulletin's quarterly analysts review with an accuracy rating of 96.64%. Meir also took the number 1 ranking in Q1 of 2015 and was #2 in Q2, putting him on track for another high finish this year when full-year 2015 results are announced in January.
Each analyst/firm provides the latest forecasts for each metal at the beginning of each quarter. At the end of the quarter, a definitive ranking of accuracy in the forecasts is calculated and published. The overall ranking is based on the average variance across all forecasts received.
Since Q1 of 2013, Meir has been ranked as one of the top five analysts in both precious and base metals, more than any other analyst. Meir was voted as the most accurate price forecaster for base metals in 2011 and 2014 and came in second for 2013. Meir is currently exclusively retained by the FCM Division of INTL FCStone Financial Inc. as a senior commodity independent consultant for base and precious metals, having provided similar services to MF Global until 2011. Meir started his career at Drexel Burnham Lambert working with Fred Demler, the Global Head of Metals and Institutional Futures for the FCM Division of INTL FCStone Financial Inc.
"It is extremely encouraging that Metal Bulletin continues to recognize Ed's work" Demler stated. "The information Ed provides our customers is invaluable as they seek to employ price risk management strategies. They depend on us for the most accurate metals pricing forecasts in the industry."
About INTL FCStone's Global Metals Team
INTL FCStone Inc.'s Global Metals team opens markets for our commercial and institutional customers, including producers, processors, consumers, merchants, banks, CTAs and hedge funds, by providing access to an extensive global pool of liquidity and trading opportunities and through our membership in the primary metal trading exchanges around the world including the London Metal Exchange, as a category 1 ring-dealing member, and NYMEX/COMEX as well as our OTC capabilities.
With core offices in London, New York and Hong Kong, and our support/partner offices in Brazil, Europe (Germany, Spain, Italy, Switzerland, and Poland), the Middle East (India), and the Far East (South Korea and Australia), we provide 24-hour access to base and precious metals and steel markets. Members of our 100+ team are consistently recognized by the industry for their expertise in the markets and the team as a whole is regarded as one of the best in the world.
About INTL FCStone Inc.
INTL FCStone Inc., including its subsidiaries, is a leader in the development of specialized financial services in commodities, securities, global payments, foreign exchange and other markets. Our revenues are derived primarily from financial products and advisory services that fulfill our clients' real needs and provide bottom-line benefits to their businesses. We create added value for our clients by providing access to global financial markets using our industry and financial expertise, deep partner and network relationships, insight and guidance, and integrity and transparency. Our client-first approach engenders trust, and has enabled us to establish leadership positions in a number of complex fields in financial markets around the world.
Further information on INTL FCStone is available at www.intlfcstone.com.
CONTACT: INTL FCStone Inc.
Kent Coughlin
Director of Public Relations
+615-234-2756
kent.coughlin@intlfcstone.com
