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e-Forex-Nov-23

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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

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