R.J. O'Brien Agrees to Merge with StoneX Group to Become Leading FCM

R.J. O'Brien & Associates, the oldest independent futures brokerage and clearing firm in the United States, has announced an agreement for acquisition by StoneX Group Inc., strengthening each company's position in the global derivatives market. This merger will result in one of the leading futures commission merchants in the U.S., enhancing both firms' role in the global financial market. StoneX, a Fortune 100 company with a market cap of over $3.5 billion, will integrate RJO's global businesses, pending regulatory approval. High-profile leaders from both firms expressed enthusiasm for the combination, emphasizing how the merger would enhance their client networks, risk management infrastructure, and market access. Gerry Corcoran, CEO of RJO, will join StoneX in a senior leadership role. Broadhaven Capital Partners and Mayer Brown LLP have taken advisory roles for RJO, and more details about the transaction and its implications are anticipated in future discussions.