NEW YORK, May 17, 2011 (GLOBE NEWSWIRE) -- INTL FCStone Inc. (Nasdaq:INTL) today announced the launch of its FCStone Merchant Services, LLC.'s feed ingredient trading business. This new product offering will expand INTL FCStone's physical commodity trading business and add significant value to existing commodity risk management services offered to its dairy, livestock and renewable energy customers.
The feed ingredient team is led by Nathan Broders. With over ten years of experience trading feed ingredients, DDGs and feed grains, Broders brings extensive knowledge, customer relationships and experience to INTL FCStone. He is joined by Travis Mlady (Senior Trader), Neil Wortmann (Trader) and Rachel Biersterfeld (Operations and Logistics Manager).
Pete Nessler, President of FCStone, LLC, said, "Moving into this space enables INTL FCStone to increase our ability to meet the risk management needs of our customers further into their product lines."
Mike Knobbe, President of INTL FCStone's subsidiary FCStone Merchant Services, LLC. said, "Nathan and his team represent a significant commitment to serving the commodity risk management needs of our customers."
About INTL FCStone Inc.
INTL FCStone Inc. provides execution and advisory services in commodities, currencies and international securities. INTL FCStone's businesses, 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 statements.
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.
CONTACT: INTL FCStone Inc. Bill Dunaway 866-522-7188 email@example.com