NEW YORK, Sept. 08, 2016 (GLOBE NEWSWIRE) -- INTL FCStone Inc. (NASDAQ:INTL), a diversified global financial
services organization delivering execution and advisory services in commodities, currencies and securities, today announced that
its subsidiary, INTL FCStone Ltd, has reached an agreement to acquire the London-based EMEA oils business of ICAP plc following of
the approval granted by the UK Competition and Markets Authority.
The business includes over 30 front office employees across the fuel, crude, middle distillates, futures and options desks with
deep-rooted relationships with over 200 well known commercial and institutional customers throughout Europe, the Middle East and
Africa.
Philip Smith, CEO of INTL FCStone Ltd, said, “This is an excellent opportunity to add an experienced and highly regarded team
within the oil broking sector. This customer-centric business helps complement our already extensive product and service offering
out of London, that includes grains and oilseeds, coffee and cocoa, metals, foreign exchange, global payments and fixed
income.”
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.
Forward Looking Statements
This press release includes forward-looking statements including statements regarding the combined company. All statements other
than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe,"
"expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the
negative of these terms and similar expressions, as they relate to INTL FCStone Inc., are intended to identify forward-looking
statements.
These forward-looking statements are largely based on current expectations and projections about future events and financial
trends that may affect the financial condition, results of operations, business strategy and financial needs of the company. They
can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the filings made by INTL
FCStone Inc. with the Securities and Exchange Commission. In light of these risks, uncertainties and assumptions, the
forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or
implied in the forward-looking statements. When you consider these forward-looking statements, you should keep in mind these risk
factors and other cautionary statements in this press release.
These forward-looking statements speak only as of the date of this press release. INTL FCStone Inc. undertakes no obligation to
update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Accordingly,
readers are cautioned not to place undue reliance on these forward-looking statements.
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
