{"id":498924,"date":"2021-05-26T08:34:39","date_gmt":"2021-05-26T12:34:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/stonex-provides-access-to-the-chinese-commodity-markets\/"},"modified":"2021-05-26T08:34:39","modified_gmt":"2021-05-26T12:34:39","slug":"stonex-provides-access-to-the-chinese-commodity-markets","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/stonex-provides-access-to-the-chinese-commodity-markets\/","title":{"rendered":"StoneX Provides Access to the Chinese Commodity Markets"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">StoneX to offer access to key commodities contracts listed on major Chinese futures exchanges<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">SINGAPORE<\/span>, <span class=\"xn-chron\">May 26, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0StoneX Financial Pte. Ltd. (&#8220;StoneX&#8221; or the &#8220;Company&#8221;), a subsidiary of StoneX Group Inc. (NASADAQ: SNEX), today announced that it has become an Overseas Intermediary of the Dalian Commodity Exchange (DCE), Shanghai International Energy Exchange (INE), and the Zhengzhou Commodity Exchange (ZCE), giving it the ability to offer access to key Chinese commodities futures contracts available to international clients.\u00a0\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/520303\/INTL_FCStone_Inc_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/520303\/INTL_FCStone_Inc_Logo.jpg\" title=\"StoneX Group Inc. (PRNewsfoto\/INTL FCStone Inc.)\" alt=\"StoneX Group Inc. (PRNewsfoto\/INTL FCStone Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>StoneX clients will now have access to these key Chinese commodity markets and the ability to trade internationalised contracts such as the DCE Iron Ore futures, which is one of the most heavily traded metals futures contracts in the world. StoneX now has the ability to offer its clients clearing and execution services on the following futures contracts:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prntac prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Exchange<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Contract<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">DCE<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Iron Ore<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">DCE<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Palm Olein Futures<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">INE<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Medium Sour Crude Oil<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">INE<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">TSR 20# Rubber<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">INE<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Low Sulphur Fuel Oil<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">INE<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Copper Futures<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">ZCE<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Purified Terephthalic Acid (PTA)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <span class=\"xn-person\">Lian Tuck (LT) Lee<\/span>, Head of Listed Derivatives, <span class=\"xn-location\">Asia<\/span> for StoneX Financial Pte. Ltd., commented on the news, &#8220;Our status as Overseas Intermediary at these key Chinese futures exchanges will allow clients to leverage the capabilities of our <span class=\"xn-location\">Singapore<\/span>-based 24-hour clearing and execution desk to facilitate their futures trading strategies in the Chinese markets. We look forward to offering to our international clients our best-in-class market access, wherever they may be based.&#8221;\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>This exciting new market access complements StoneX&#8217;s build out of its substantial product capabilities across <span class=\"xn-location\">Asia Pacific<\/span> and furthers its goal of providing unparalleled access to all major exchanges globally via its 24-hour futures and options desk in <span class=\"xn-location\">Singapore<\/span>. Clients will benefit from having full execution capabilities on these contracts during local market hours, allowing for effective and expeditious trading in the Chinese markets. StoneX is an institutional-grade financial services network that connects companies, organisations, traders and investors to 39 derivatives exchanges, 175 foreign exchange markets, nearly every global securities marketplace and a number of bi-lateral liquidity venues. By establishing itself as an Overseas Intermediary at these key Chinese futures exchanges, the Company has further solidified its strategic position in the region.\u00a0 <\/p>\n<p>\n        <span class=\"xn-person\">Greg Kallinikos<\/span>, Chief Executive Officer of StoneX Financial Pte. Ltd., concluded, &#8220;As one of the largest non-bank brokers in <span class=\"xn-location\">Asia<\/span>, our participation in the Chinese commodity markets further strengthens our presence in the region by connecting our clients to even more exchanges. Being able to offer access to internationalised Chinese futures contracts will allow our clients to pursue their derivatives trading strategies across even more markets globally via a single, trusted access point \u2013 StoneX.&#8221;<\/p>\n<p>\n        <b>About StoneX Group Inc. <br \/><\/b>StoneX Group Inc. (formerly INTL FCStone Inc.), through its subsidiaries, connects clients with the global markets across all asset classes \u2013 providing execution, post-trade settlement, clearing and custody services through one trusted partner. Clients use its global financial services network to pursue trading opportunities, make investments, manage their market risk, and improve their performance. A publicly traded company (NASDAQ:SNEX) headquartered in <span class=\"xn-location\">New York City<\/span>, StoneX Group Inc. and its 3,000 employees serve more than 35,000 commercial and institutional clients, and 340,000 active retail accounts, from approximately 70 offices spread across six continents.<\/p>\n<p>StoneX Group Inc. facilitates clearing and trading on SGX (among other major exchanges) via its wholly owned subsidiary in <span class=\"xn-location\">Singapore<\/span>, StoneX Financial Pte. Ltd.<\/p>\n<p>Further information on the Company is available at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3176549-1&amp;h=676436293&amp;u=http%3A%2F%2Fwww.stonex.com%2F&amp;a=www.stonex.com\" rel=\"nofollow noopener\">www.stonex.com<\/a>.<\/p>\n<p>\n        <b>Media Contact<br \/><\/b><br \/>\n        <span class=\"xn-person\">Jay A. Morakis<\/span><br \/>\n        <br \/>M Group Strategic Communications\u00a0(for\u00a0StoneX Group Inc.)<br \/>+1\u00a0646 859 5951\u00a0\u00a0<br \/><a target=\"_blank\" href=\"mailto:jmorakis@mgroupsc.com\" rel=\"nofollow noopener\">jmorakis@mgroupsc.com<\/a>\u00a0\u00a0\u00a0<\/p>\n<p>SNEX &#8211; G <\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY90888&amp;sd=2021-05-26\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/stonex-provides-access-to-the-chinese-commodity-markets-301299837.html\">http:\/\/www.prnewswire.com\/news-releases\/stonex-provides-access-to-the-chinese-commodity-markets-301299837.html<\/a><\/p>\n<p>SOURCE  StoneX Group Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY90888&amp;Transmission_Id=202105260830PR_NEWS_USPR_____NY90888&amp;DateId=20210526\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>StoneX to offer access to key commodities contracts listed on major Chinese futures exchanges PR Newswire SINGAPORE, May 26, 2021 \/PRNewswire\/ &#8212;\u00a0StoneX Financial Pte. Ltd. (&#8220;StoneX&#8221; or the &#8220;Company&#8221;), a subsidiary of StoneX Group Inc. (NASADAQ: SNEX), today announced that it has become an Overseas Intermediary of the Dalian Commodity Exchange (DCE), Shanghai International Energy Exchange (INE), and the Zhengzhou Commodity Exchange (ZCE), giving it the ability to offer access to key Chinese commodities futures contracts available to international clients.\u00a0\u00a0 StoneX clients will now have access to these key Chinese commodity markets and the ability to trade internationalised contracts such as the DCE Iron Ore futures, which is one of the most heavily traded metals futures contracts in the world. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stonex-provides-access-to-the-chinese-commodity-markets\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;StoneX Provides Access to the Chinese Commodity Markets&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-498924","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>StoneX Provides Access to the Chinese Commodity Markets - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stonex-provides-access-to-the-chinese-commodity-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"StoneX Provides Access to the Chinese Commodity Markets - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"StoneX to offer access to key commodities contracts listed on major Chinese futures exchanges PR Newswire SINGAPORE, May 26, 2021 \/PRNewswire\/ &#8212;\u00a0StoneX Financial Pte. Ltd. (&#8220;StoneX&#8221; or the &#8220;Company&#8221;), a subsidiary of StoneX Group Inc. (NASADAQ: SNEX), today announced that it has become an Overseas Intermediary of the Dalian Commodity Exchange (DCE), Shanghai International Energy Exchange (INE), and the Zhengzhou Commodity Exchange (ZCE), giving it the ability to offer access to key Chinese commodities futures contracts available to international clients.\u00a0\u00a0 StoneX clients will now have access to these key Chinese commodity markets and the ability to trade internationalised contracts such as the DCE Iron Ore futures, which is one of the most heavily traded metals futures contracts in the world. &hellip; Continue reading &quot;StoneX Provides Access to the Chinese Commodity Markets&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/stonex-provides-access-to-the-chinese-commodity-markets\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-26T12:34:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/520303\/INTL_FCStone_Inc_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stonex-provides-access-to-the-chinese-commodity-markets\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stonex-provides-access-to-the-chinese-commodity-markets\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"StoneX Provides Access to the Chinese Commodity Markets\",\"datePublished\":\"2021-05-26T12:34:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stonex-provides-access-to-the-chinese-commodity-markets\\\/\"},\"wordCount\":604,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stonex-provides-access-to-the-chinese-commodity-markets\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/520303\\\/INTL_FCStone_Inc_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stonex-provides-access-to-the-chinese-commodity-markets\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stonex-provides-access-to-the-chinese-commodity-markets\\\/\",\"name\":\"StoneX Provides Access to the Chinese Commodity Markets - 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Ltd. (&#8220;StoneX&#8221; or the &#8220;Company&#8221;), a subsidiary of StoneX Group Inc. (NASADAQ: SNEX), today announced that it has become an Overseas Intermediary of the Dalian Commodity Exchange (DCE), Shanghai International Energy Exchange (INE), and the Zhengzhou Commodity Exchange (ZCE), giving it the ability to offer access to key Chinese commodities futures contracts available to international clients.\u00a0\u00a0 StoneX clients will now have access to these key Chinese commodity markets and the ability to trade internationalised contracts such as the DCE Iron Ore futures, which is one of the most heavily traded metals futures contracts in the world. &hellip; Continue reading \"StoneX Provides Access to the Chinese Commodity Markets\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/stonex-provides-access-to-the-chinese-commodity-markets\/","og_site_name":"Market Newsdesk","article_published_time":"2021-05-26T12:34:39+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/520303\/INTL_FCStone_Inc_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/stonex-provides-access-to-the-chinese-commodity-markets\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/stonex-provides-access-to-the-chinese-commodity-markets\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"StoneX Provides Access to the Chinese Commodity Markets","datePublished":"2021-05-26T12:34:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/stonex-provides-access-to-the-chinese-commodity-markets\/"},"wordCount":604,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/stonex-provides-access-to-the-chinese-commodity-markets\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/520303\/INTL_FCStone_Inc_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/stonex-provides-access-to-the-chinese-commodity-markets\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/stonex-provides-access-to-the-chinese-commodity-markets\/","name":"StoneX Provides Access to the Chinese Commodity Markets - 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