DGAP-News: INTL FCStone Completes Acquisition of Ambrian Commodities

ID: 471523
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(pressekat) - INTL FCStone Inc.

31.08.2011 19:30

NEW YORK, 2011-08-31 19:30 CEST (GLOBE NEWSWIRE) --
INTL FCStone Inc. (Nasdaq:INTL) today announced that INTL Global Currencies
Limited, its wholly-owned subsidiary in the United Kingdom, has completed its
acquisition of Ambrian Commodities Limited (ACL), the London Metals Exchange
(LME) brokerage subsidiary of Ambrian Capital Plc. The London-based ACL,
currently a non-clearing LME member, specializes in the development and
execution of risk-management programs designed to hedge price fluctuations in
base metals for a wide variety of producers, manufacturers and fabricators.

The acquisition was conditional upon the approval by the UK Financial Services
Authority of the proposed change of control of ACL. This was received on 5th
August 2011 and effective 1st September the company will be renamed and shall
conduct business as INTL FCStone (Europe) Ltd. The FSA has also approved the
Variation of Permissions application, permitting expansion of the group's
activities in London beyond those on the LME.

INTL FCStone (Europe) Ltd intends to secure LME Category Two membership within
the next four weeks. LME Category Two members, or Associate Broker Clearing
Members, have all the privileges of Category One or ring-dealing members except
they may not trade in the open-outcry sessions.

'The conclusion of the ACL acquisition will enhance INTL FCStone's commodities
execution capabilities in the key LME market and strengthen our growing
presence in London,' commented Scott Branch, COO of INTL FCStone, Inc.

Philip Smith, Managing Director of INTL Global Currencies, commented, 'We have
received approval from the FSA to not only complete the acquisition of ACL but
also for our Variation of Permissions which will allow us to utilise this new

business as a platform to push out our clearing capabilities and continue to
roll out more INTL FCStone products globally.'

About INTL FCStone Inc.

INTL FCStone Inc., through its subsidiaries, provides execution and advisory
services in commodities, currencies and international securities. INTL
FCStone's subsidiaries, which include the commodities advisory and transaction
execution firm FCStone Group, serve more than 10,000 commercial customers in
more than 100 countries through a network of offices in eleven countries around
the world. Further information on INTL FCStone Inc. is available at

Forward Looking Statements

This press release includes forward-looking statements including statements
regarding the combined company. All statements other than statements of current
or historical fact contained in this press release are forward-looking
statements. The words 'believe,' 'expect,' 'anticipate,' 'should,' 'plan,'
'will,' 'may,' 'could,' 'intend,' 'estimate,' 'predict,' 'potential,'
'continue' or the negative of these terms and similar expressions, as they
relate to INTL FCStone Inc., are intended to identify forward-looking

These forward-looking statements are based largely on current expectations and
projections about future events and financial trends that may affect the
financial condition, results of operations, business strategy and financial
needs of the combined company. They can be affected by inaccurate assumptions,
including the risks, uncertainties and assumptions described in the filings
made by INTL FCStone Inc. with the Securities and Exchange Commission. In light
of these risks, uncertainties and assumptions, the forward-looking statements
in this press release may not occur and actual results could differ materially
from those anticipated or implied in the forward-looking statements. When you
consider these forward-looking statements, you should keep in mind these risk
factors and other cautionary statements in this press release.

These forward-looking statements speak only as of the date of this press
release. INTL FCStone Inc. undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise. Accordingly, readers are cautioned not to place undue
reliance on these forward-looking statements.

Bill Dunaway
News Source: NASDAQ OMX

31.08.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: INTL FCStone Inc.

United States
ISIN: US4590281063

End of Announcement DGAP News-Service


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Datum: 31.08.2011 - 19:30
Sprache: Deutsch
News-ID 471523
Anzahl Zeichen: 5848
Firma: INTL FCStone Inc.

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