INTL FCStone Financial Launches Asset-Backed Securities Trading

NEW YORK, Feb. 26, 2016 -- INTL FCStone Inc. (NASDAQ:INTL), a diversified global financial services organization delivering execution and advisory services in commodities, currencies and securities, today announced its entry into the U.S. asset-backed securities (“ABS”) market.  While the Company has been trading ABS in the Argentinian market for years, this marks the formal U.S. launch, spearheaded by the broker-dealer division’s Rates Group of its wholly owned subsidiary, INTL FCStone Financial Inc. (“the Rates Group”).  The Rates Group is pleased to complement its almost four-decade-long history trading government, federal agency and mortgage-backed securities. 

As a direct result of client requests, INTL FCStone Financial Inc. now offers trading services for a variety of asset-backed securities, with an initial focus on highly rated credit card, automobile and equipment securities.  In line with the Rates Group’s strategy for its existing fixed income securities, INTL FCStone Financial Inc. is dedicating capital and balance sheet to provide its clients with liquidity and inventory in secondary ABS.  In addition, the Rates Group conducts credit analysis to provide relative value and market insight to its clients.

Charles M. Lyon, Head of the Broker-Dealer Division of INTL FCStone Financial Inc., commented on today’s news, “We are proud to now offer our institutional clients access to asset-backed securities, while continuing to provide high value and specialized trading solutions for this unique marketplace.  Our clients turn to us for insight, execution efficiency and liquidity, and we developed this particular ABS solution as a direct result of their input.”

Mr. Lyon continued, “With this roll-out, we have expanded our offerings and diversified our business lines which we believe will provide a much-needed service to our clients.  We intend to provide the same high-touch service and specialist expertise for asset-backed securities as we do for our other fixed income products.  We look forward to exceeding our clients’ expectations in the ABS market.”

INTL FCStone Financial Inc.’s Rates Group is a fixed income dealer and market maker that exclusively trades government, federal agency, mortgage-backed and asset-backed securities.  Founded as G.X. Clarke & Company in 1979 and acquired by INTL FCStone in January 2015, the Rates Group has served institutional clients focused on these securities for almost four decades.  Acting as principal, the Rates Group maintains an inventory of more than 5,000 CUSIPS, which is built upon providing liquidity and market insight to more than 600 institutional clients.  The Rates Group employs a client-centric business model, and the securities that it trades are based directly on the strategies and trading parameters of its clients.  With a deep focus on the secondary market, INTL FCStone Financial Inc. has carved a niche for itself within this often overlooked space.

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.

INTL FCStone Financial Inc. is a member of FINRA/SIPC and registered with the MSRB. Any individual security mentioned in this presentation is subject to the following disclosure: This information is not meant to be viewed as analysis or opinion of any security. This information should not be taken as an offer or as a solicitation of an offer for the purchase or sale of any security or other financial instruments or as a recommendation to engage in any trading strategy. INTL FCStone Financial Inc. may have long or short positions in securities or related issues mentioned here.

Further information on INTL FCStone is available at www.intlfcstone.com.

Media Contact
Jay A. Morakis
M Group Strategic Communications (for INTL FCStone Financial)
+1 212 266 0191
[email protected]