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.
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by RTT Staff Writer
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