INTL FCStone combines FCM and broker-dealer
INTL FCStone in July merged three U.S. subsidiaries, including its futures commission merchant subsidiary, into one business unit. The combined firm is called INTL FCStone Financial Inc. and is registered as both a broker-dealer and a futures commission merchant. “The merger will establish a larger and more efficient capital base and will allow us to offer all of our clients a broader scope of products in a more streamlined manner,” Sean O’Connor, chief executive officer of INTL FCStone Inc., said in a statement
