StoneX Completes Acquisition of Octo Finances
04 February 2025 - 1:12AM
StoneX Group Inc. (the “Company”; NASDAQ: SNEX) today announced the
completion of its acquisition of Octo Finances SA (“Octo
Finances”), which will further expand the Company’s offering in
fixed income and strengthen its capabilities in Europe.
“We’re thrilled to officially welcome Octo
Finances to StoneX Group and believe the company will provide us
with significant new capabilities. Our joint planning is well
underway, and we are excited by the opportunities for growth for
the combined business in Europe,” said Anthony Di Ciollo, Global
Head of Fixed Income at StoneX.
Octo Finances is a leading fixed income broker
based in Paris, France. The company has expertise in bond and
convertible sales, debt capital markets and credit research, having
published over 75,000 reports since their founding in 1991.
About StoneX Group Inc.
StoneX Group Inc., through its subsidiaries,
operates a global financial services network that connects
companies, organizations, traders and investors to the global
market ecosystem through a unique blend of digital platforms,
end-to-end clearing and execution services, high touch service and
deep expertise. The Company strives to be the one trusted partner
to its clients, providing its network, product and services to
allow them to pursue trading opportunities, manage their market
risks, make investments and improve their business performance. A
Fortune 100 company headquartered in New York City and listed on
the Nasdaq Global Select Market (NASDAQ:SNEX), StoneX Group Inc.
and its more than 4,500 employees serve more than 54,000
commercial, institutional, and payments clients, and more than
400,000 retail accounts, from more than 80 offices spread across
six continents. Further information on the Company is available at
www.stonex.com.
About Octo Finances SA
Octo Finances SA is a premier fixed income
brokerage firm based in Paris, France, specializing in bond and
convertible sales, debt capital markets, and credit research.
Established in 1991, Octo Finances has built a robust client base
that includes banks, insurance companies, private debt funds,
mutual funds, and private wealth managers. With a commitment to
delivering exceptional client service and market insights, Octo
Finances continues to be a trusted partner in the financial
services industry.
Investor inquiries:Kevin
Murphy(212) 403 - 7296kevin.murphy@stonex.com
SNEX-G
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