INTL FCStone – Connecting Asia to Global Market OpportunitiesBy INTL FCStone
Published on June 1, 2017
INTL FCStone began trading physical bullion in the early 2000’s. Over the next few years, the company assembled a team of experienced industry experts to serve its expanding global customer base. Recognising gold’s migration from West to East, the rise of thriving Asian economies, and the region’s enormous growth potential, INTL FC Stone opened its first Asian office in Singapore in 2006, trading under the name INTL Asia Pte Ltd, with the objective of adding unique value for Asian market participants.
In subsequent years, the firm established offices in Hong Kong, Shanghai, Beijing and Sydney. More than 10 years later, Singapore remains the company’s largest office in the region, operating as its Asian hub, housing operational and risk management teams that support all its businesses.
Beyond Asia, INTL FCStone has precious metals teams located in Dubai, London and the United States, with consultants operating in India, Africa, Turkey and Eastern Europe.
Recently, INTL FCStone Limited, London, became a Direct Participant of the London Gold Auction, a significant milestone for its precious metal business and the company as a whole.
Today, INTL FCStone’s precious metals team in Asia delivers market access to all of the key regional markets, and includes speakers of Vietnamese, Thai, Bahasa, Mandarin and Cantonese.
Customers can trade physical gold through INTL FCStone’s online, physical premium-based platform, PMXecute+, the first of its kind in the international bullion market. The platform connects customers with the company’s global network of suppliers, where customers can peruse physical bullion offers from suppliers or submit requests for quotes, and INTL acts as principal to every trade. The entire process is automated, drastically simplifying discovery, trading, logistics and documentation.
The Precious Metals Asia team also offers electronic access to margin trading for precious metals, and can assist with developing innovative risk management solutions for customers looking to hedge their precious metal exposure. Clients are able to buy and sell bullion in non-USD currencies including SGD and AUD via the company’s online trading platform, PMXecute, or by calling the Singapore dealing desk.
Most importantly, the team prides itself on its knowledge of Far East bullion markets, and provides customers unrivalled support through funding, risk management, logistics and premier customer service and product offerings.
INTL Asia’s parent company is a US-listed public company, further providing financial stability, regulatory oversight, and a high degree of transparency in its operations, including regular news, filings, and reporting on its financial performance and activities.
INTL Asia’s precious metals team is backed by the financial strength and global network of its parent company, INTL FCStone Inc. (NASDAQ: INTL). Through its subsidiaries, INTL is a leading provider of clearing and execution, risk management and advisory services and market intelligence across asset classes and markets around the world. Serving more than 20,000 customers in 130 countries on five continents, the company provides products and services across five market segments: commercial hedging, global payments, securities, physical commodities, and clearing and execution services.
* This article was published in partnership with INTL FCStone
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