Bringing you live news and features since 2006 

Doug Nelson, INTL FCStone

INTL FCStone Financial launches prime brokerage division

RELATED TOPICS​

INTL FCStone’s subsidiary, INTL FCStone Financial (INTL), has launched a prime brokerage division, offering multi-asset prime brokerage, execution, outsourced trading, custody, and self-clearing and introduced clearing services for hedge funds, mutual funds, and family offices.

The prime brokerage division will offer a flexible platform to more effectively execute trades, custody, and clearing for US and global equities, options, futures, foreign exchange (FX), and fixed income through INTL FCStone. Institutional clients will also benefit from INTL FCStone’s full range of financial services and products within the securities, commodities, derivatives, FX, global payments, and wealth management sectors. 
 
Douglas Nelson, Managing Director and Co-Head, Prime Brokerage, says: “INTL FCStone has long been a leader in clearing and trade execution, and we are pleased to offer firms an accompanying multi-asset prime brokerage option. Our model couples sophisticated technology with direct clearing capabilities, combined with introduced clearing options, to enable clients to evolve without having to establish separate prime relationships. These new services will allow firms operating on legacy systems to benefit from our cutting-edge technology and streamlined cloud-based solutions, providing better service, flexibility, efficiency, and simplicity.”
 
Based in Atlanta, the Prime Brokerage team within INTL FCStone Financial Inc. will be led by Nelson, Michael DeJarnette, Managing Director and Co-Head, and Nicholas DeJarnette, Managing Director and Co-Head. The Company is rapidly expanding the division with several hires, including Lindsey Sine, as Director, Client Services and Onboarding. Sine joins INTL FCStone from Goldman Sachs.
 
Nelson concluded, “We look forward to growing the division as demand continues to increase for prime brokerage services, especially among midsized hedge funds both domestically and abroad. As we continue to innovate and create specialised offerings for the marketplace, we anticipate that our ability to cross-margin multiple security types will be a large focus for us in the near term.” 

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by