logo
Share SHARE
FONT-SIZE Plus   Neg

INTL FCStone Completes Purchase Of TRX Futures

INTL FCStone Inc. (INTL) said Tuesday that INTL Holding (UK) Limited, a wholly owned subsidiary in the United Kingdom, received approval from the United Kingdom's Financial Services Authority to acquire TRX Futures Ltd. from Neumann Gruppe GmbH and has closed on the purchase.

The deal was announced in December.

TRX Futures is a London-based brokerage and clearing firm for commercial coffee and cocoa customers, as well as energy and financial products.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Philip Morris International Inc. has filed an application with the U.S. Food and Drug Administration to market a new type of cigarette that holds potentially less health risks than conventional cigarettes. The new type of cigarette electronically heats tobacco to produce a vapor without burning it, making it less harmful. Apple Inc. has confirmed that the iPhone 6s battery issue may be larger than thought, as the tech giant said that some customers "outside the affected range of devices" have also reported unexpected shutdowns. The company again stressed that it is not a security issue. Tesla Motors Inc. voluntarily recalled more than 7000 charging adapters. The company said these adapters of Nema 14-30, 10-30 and 6-50 are sold separately as accessories. Earlier in November, two customers had complained about overheating issue of Nema 14-30 charging adapters. Tesla confirmed in its recall communication that there were no other similar incidents or reports of injuries or proper
comments powered by Disqus
Follow RTT