NEW YORK, Feb. 5, 2014 (GLOBE NEWSWIRE) -- INTL FCStone Inc. (Nasdaq:INTL) today announced that its wholly owned subsidiary, FCStone, LLC, has acquired Sinclair & Company, an introducing broker in Twin Falls, Idaho. Focusing on dairy, grains and livestock, Sinclair & Company has been meeting the commodity risk management needs of their customers since the late 1970s.
Robert Chesler, VP of FCStone, LLC's Food Division, said, "We're thrilled to add Sinclair & Company's skills and capabilities to the INTL FCStone team. Their understanding and history in the futures markets will add a unique facet to the services offered by INTL FCStone."
James Carr, President/CEO of Sinclair & Company, said, "Joining INTL FCStone is going to allow us to offer our customers a much wider range of products and services than are currently available. We're excited by the prospect of introducing them to the breadth and depth of INTL FCStone and what they offer in the field of commodity price risk management."About INTL FCStone Inc. INTL FCStone Inc. (INTL) provides execution and advisory services in commodities, currencies and international securities. INTL's businesses, which include the commodities advisory and transaction execution firm FCStone Group, serve more than 20,000 customers in more than 100 countries through a network of offices in eleven countries around the world. Further information on INTL is available at www.intlfcstone.com .
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