Vitol to Ship First U.S. Naphtha Cargo to Venezuela Under New Oil Supply Deal 
Saks Global Files for Bankruptcy Protection Amid Mounting Luxury Retail Pressures 
Anthropic Launches HIPAA-Compliant Healthcare Tools for Claude AI Amid Growing Competition 
U.S. Government Invests $1 Billion in L3Harris Rocket Motor Business to Secure Missile Supply Chain 
Trump Pushes Tech Giants to Absorb AI Data Center Power Costs, Citing Microsoft Changes 
Starlink Internet Remains Active in Iran Despite Nationwide Blackout 
NYC Nurses Strike Shuts Down 10 Private Hospitals as 15,000 Demand Safer Staffing and Benefits 
Alphabet Stock Poised for Growth as Bank of America Sees Strong AI Momentum Into 2026 
Merck Raises Growth Outlook, Targets $70 Billion Revenue From New Drugs by Mid-2030s 
Allegiant to Acquire Sun Country Airlines in $1.5 Billion Deal to Expand U.S. Leisure Travel Network 
Viking Therapeutics Sees Growing Strategic Interest in $150 Billion Weight-Loss Drug Market 
Tesla, EEOC Move Toward Mediation in Racial Harassment Lawsuit 
Netflix Plans All-Cash Bid for Warner Bros Discovery Studios Amid Intense Hollywood Takeover Battle 
Amazon Reviews Supplier Costs as U.S.–China Tariffs Ease 
Coca-Cola Shelves Costa Coffee Sale After Low Private Equity Offers 
Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules 
Trump Weighs Blocking Exxon Investment as Venezuela Deemed “Uninvestable” 
NEW YORK, March 29, 2017 -- INTL FCStone Inc. (NASDAQ:INTL) today announced that its Australian subsidiary, INTL FCStone Pty Ltd, is now an authorised broker of Australian beef and lamb bilateral swaps via their relationship with Mercari. Mercari is an Australian-based operator of licensed and regulated electronic markets for over the counter (OTC) products.
This new capability allows INTL FCStone to extend their OTC product offerings into the Australian Livestock market, allowing producers and consumers in the beef and lamb markets to employ a more efficient risk management strategy. The electronically traded swaps promote real-time price discovery in a fair, transparent and regulated marketplace.
Brett Cooper, INTL FCStone Pty Ltd’s Head of Agriculture Asia, commented, “We’re thrilled to be able to offer our customers and participants in the beef and lamb markets another option for managing their risk. OTC derivatives allow us to customize specific characteristics of the contract to fit the needs of the customer. It is an important tool in our risk management toolbox.”
About INTL FCStone Inc.
INTL FCStone Inc., through its subsidiaries, is a leading provider of financial-services execution, risk management, market intelligence, and post-trade services across asset classes and markets around the world.
A Fortune 500 company with a nearly 100-year track record, the company focuses on providing products and services within the commodities, securities, foreign exchange and global payments sectors. INTL customers include the producers, processors and end users of virtually every major traded commodity; commercial counter parties; and governmental, nongovernmental and charitable organizations. The company also serves institutional investors, brokers, professional traders, CTA/CPOs, proprietary trading groups, commercial banks and major investment banks. Headquartered in New York City, the company is listed on the NASDAQ under the ticker symbol “INTL”.
Further information on INTL FCStone is available at www.intlfcstone.com.
Contact Kent Coughlin Director of Public Relations 615-234-2756 [email protected]
