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Combination Strengthens Firms' Position as a Leading Futures Brokerage and Clearing Firm
CHICAGO and NEW YORK, April 14, 2025 /PRNewswire/ -- R.J. O'Brien & Associates (RJO), the oldest futures brokerage and clearing firm in the United States, announced today that its parent company has reached a definitive agreement with StoneX Group Inc. (NASDAQ: SNEX), to merge all of RJO's global businesses into StoneX, subject to regulatory approvals and customary closing conditions. Upon the closing of the transaction, anticipated in the third quarter of this year, the combined firm will become a leading futures commission merchant (FCM) in the U.S., enhancing its role in the global financial market structure.
Combination Strengthens Firms' Position as a Leading Futures Brokerage and Clearing Firm
CHICAGO and NEW YORK, April 14, 2025 /PRNewswire/ -- R.J. O'Brien & Associates (RJO), the oldest futures brokerage and clearing firm in the United States, announced today that its parent company has reached a definitive agreement with StoneX Group Inc. (NASDAQ: SNEX), to merge all of RJO's global businesses into StoneX, subject to regulatory approvals and customary closing conditions. Upon the closing of the transaction, anticipated in the third quarter of this year, the combined firm will become a leading futures commission merchant (FCM) in the U.S., enhancing its role in the global financial market structure.
Combination Strengthens Firms' Position as a Leading Futures Brokerage and Clearing Firm
CHICAGO and NEW YORK, April 14, 2025 /PRNewswire/ -- R.J. O'Brien & Associates (RJO), the oldest futures brokerage and clearing firm in the United States, announced today that its parent company has reached a definitive agreement with StoneX Group Inc. (NASDAQ: SNEX), to merge all of RJO's global businesses into StoneX, subject to regulatory approvals and customary closing conditions. Upon the closing of the transaction, anticipated in the third quarter of this year, the combined firm will become a leading futures commission merchant (FCM) in the U.S., enhancing its role in the global financial market structure.