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StoneX Group: Offering a better way to trade FX<br />
THE E-FOREX INTERVIEW<br />
We’ve assembled an exceptional team to provide our clients with an innovative and comprehensive FX solution<br />
StoneX Group Inc. is a fast-growing<br />
Fortune 500 company, renowned<br />
across almost every asset class. I<br />
would say the biggest advantage<br />
we have is the economies of scale<br />
with respect to balance sheet and<br />
having regulated entities in almost<br />
every jurisdiction. For example, just<br />
in the US we have a broker-dealer,<br />
we have one of the only non-bank<br />
swap dealer entities, an FCM, and<br />
a Retail <strong>Forex</strong> Dealer. I think it’s<br />
becoming increasingly difficult for<br />
firms to function in just one of these<br />
areas, it’s simply not cost effective<br />
to do so. Another major advantage<br />
we have as a “StoneX” business<br />
is the geographical distribution of<br />
the firm, which allows us to very<br />
easily place teams on just about<br />
every continent. This is one of the<br />
core values we have as a company<br />
— being physically located near our<br />
clients, allowing us to truly navigate<br />
local markets while also leveraging<br />
the scale and efficiencies of a large<br />
organization.<br />
Our global sales team is the lifeblood of our business and is led by Gerard Melia (left) in London<br />
42 NOVEMBER 20<strong>23</strong> e-FOREX