INTL FCStone acquired the Futures and Options Brokerage and Clearing Business of United Overseas Bank.

INTL FCStone, a leading provider of financial-services execution, risk management, market intelligence, and post-trade services across asset classes and markets around the world, acquired the Futures and Options Brokerage and Clearing Business of United Overseas Bank, a Singaporean multinational banking organisation. Financial terms were not disclosed. "The successful completion of our acquisition of UOB Bullion and Futures Limited's F&O business in Singapore marks the beginning of a new, exciting era for INTL FCStone in Asia. We are both thrilled and honoured by the prospect of serving our new customers and look forward to building long lasting relationships with all of them. This transaction significantly enhanced our regional and international capabilities with the addition of SGX as another major exchange we now offer clearing and execution services on. This is an important milestone in expanding INTL FCStone's presence in Asia and fully supports our plans of offering a one-stop solution for all our customers' market access needs for listed derivatives globally." Greg Kallinikos, Chief Executive Officer of IFP and Deputy CEO, Asia for INTL FCStone group.