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INTL FCStone Adds Fillmore Advisors Outsourced Trading Firm to Prime Brokerage Division
Thursday 18 July 2019

18 July 2019 - New York, US-based financial services company INTL FCStone Inc. (NASDAQ: INTL) has executed a sale and purchase agreement to acquire Utah, US-based outsourced trading firm Fillmore Advisors as an extension of INTL's offering of the launch of a prime brokerage division, the company said.

Terms of the transaction were not disclosed. This transaction, which is subject to regulatory approval, is effective on closing.

INTL FCStone's prime brokerage division offers multi-asset prime brokerage, execution, outsourced trading, custody, self-clearing, and introduced clearing services for hedge funds, mutual funds, and family offices.

The division provides a flexible platform to more effectively execute trades, custody, and clearing for US and global equities, options, futures, foreign exchange, and fixed income through INTL FCStone.

INTL FCStone Inc., through its subsidiaries, is a provider of financial-services execution, risk management, market intelligence, and post-trade services across asset classes and markets around the world.

Fillmore Advisors is an independent firm and a provider of outsourced trading solutions and operational consulting to institutional asset managers.
Date Published: 18/07/2019
Target: Fillmore Advisors
Country: USA
Sector: Business and Consumer Services
Type: Corporate acquisition
Status: Agreed
Buyer: INTL FCStone Inc
Terms of the deal were not disclosed