StoneX to acquire R. J. O'Brien.

StoneX, a US-based financial services firm specializing in institutional trading, agreed to acquire R. J. O'Brien, a US-based futures brokerage firm specializing in commodities and derivatives tradin. Financial terms were not disclosed. "This is a transformational transaction for StoneX, establishing us as a leading global derivatives clearing firm and reinforcing our position as an integral part of the global market structure across asset classes. Combining R.J. O'Brien's extensive client network and proven clearing capabilities with StoneX's deep liquidity, innovative OTC hedging solutions and leading risk management infrastructure, we are well-positioned to continue to deliver exceptional services, broader market access and industry-leading solutions to our combined client base. We are very pleased that Gerry Corcoran, who has been the CEO and driving force behind RJO, will continue on with StoneX in a senior leadership role," Sean O'Connor, StoneX Executive Vice-Chairman.