StoneX retires City Index brand after 43 years in UK trading. 2026-09-09 15:43:12 Key takeaways. * StoneX Group retired the City Index brand in the UK on September 12 after 43 years. * StoneX acquired City Index through GAIN Capital purchase in 2020 for approximately $236 million. * Existing customers retain unchanged account structures, trading platforms and support arrangements. StoneX Group announced on September 9 the retirement of the City Index brand in the UK, replacing it with StoneX Trading effective September 12, ending a 43-year run for one of Britain's longest-established leveraged trading names. The rebrand follows StoneX's 2020 acquisition of GAIN Capital for approximately $236 million, which brought City Index into the group's portfolio. The change consolidates the UK retail operation under StoneX's corporate identity rather than continuing to operate through the legacy GAIN Capital brand structure, with the company stating the move is intended to link retail traders more closely with the group's wider market infrastructure spanning institutional, commercial, payments and self-directed markets across more than 80 offices globally. StoneX launches StoneX Trading to replace City Index brand. City Index is scheduled to disappear from the UK market on September 12. StoneX Trading's website is already live, while the new branding is being introduced across mobile applications, digital channels and client communications. For existing customers, StoneX said account structures, trading platforms and support arrangements will remain unchanged. New UK customers will open accounts under StoneX Trading once the City Index name is retired. The UK retail operation now sits within FCA-regulated StoneX Financial Ltd, which provides CFDs and spread betting to retail and elective professional clients. Giles Watts, StoneX's Regional Business Director for EMEA Self Directed, said the company intends to retain City Index's existing platforms and service teams while moving the operation behind the StoneX name. City Index founded in 1983, acquired by GAIN Capital in 2014. City Index was founded in London in 1983 by Chris Hales and Jonathan Sparke and became an early provider of financial spread betting. It later expanded into foreign exchange and contracts for differences while building an international business through acquisitions and overseas offices. That expansion included the purchase of IFX Group, including IFX Markets and Finspreads, in 2005 and U.S.-based FX Solutions in 2008. GAIN Capital acquired City Index in 2014 in a transaction valued at about $118 million. The business changed ownership again in 2020 when StoneX's predecessor, INTL FCStone, bought GAIN Capital for approximately $236 million. The GAIN deal brought both City Index and FOREX.com into StoneX and became an important part of the group's self-directed retail business. City Index continued operating under its existing name after the takeover, even as the legal and operational structure behind it was absorbed into StoneX. That integration was already underway by 2021, when StoneX began winding down the former GAIN Capital UK corporate structure. StoneX retail FX and CFD volume declined 27% in Q2 2026. For the quarter ended June 30, 2026, StoneX reported a 27% year-over-year decline in average daily retail FX and CFD trading volume. Operating revenue from retail FX and CFDs fell 19% over the same period. The decline contrasts with the scale of StoneX's wider business. Investor materials put 2025 operating revenue at $4.1 billion, with the group operating across institutional trading, commercial hedging, payments and self-directed markets. StoneX's 2025 annual report acknowledged difficult conditions in its self-directed division, particularly during extended periods of low market volatility. At that stage, the company described FOREX.com and City Index as the principal brands supporting its retail operation. StoneX consolidates retail business under corporate brand. Retiring City Index changes the multi-brand model inherited from GAIN Capital. It also brings the retail business closer to the branding strategy StoneX has pursued since INTL FCStone itself became StoneX Group in July 2020. StoneX has already used its corporate name to consolidate other acquired businesses. In 2023, it renamed precious-metals platform coininvest as StoneX Bullion, linking the retail operation more closely with StoneX's institutional metals business. Alastair Hine, StoneX's Global Head of Self Directed, described StoneX Trading as the platform for the future of the group's self-directed business, with further investment planned in products, technology and the client experience. The change closes the book on the City Index name in Britain 43 years after its launch and completes another stage of StoneX's integration of the retail trading assets acquired through GAIN Capital in 2020. Faq. What did StoneX announce on September 9 regarding City Index? StoneX Group announced on September 9 the retirement of the City Index brand in the UK, replacing it with StoneX Trading effective September 12, ending a 43-year run for the brand. How did City Index become part of StoneX? GAIN Capital acquired City Index in 2014 in a transaction valued at about $118 million. StoneX's predecessor, INTL FCStone, then bought GAIN Capital for approximately $236 million in 2020, bringing City Index into the StoneX portfolio. What changes will existing City Index customers experience? StoneX said account structures, trading platforms and support arrangements will remain unchanged for existing customers. New UK customers will open accounts under StoneX Trading once the City Index name is retired on September 12. Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

StoneX to offer milk price risk management solutions to retail dairy farmers in New Zealand. SYDNEY and AUCKLAND, New Zealand, Sept. 01, 2026 (GLOBE NEWSWIRE) - StoneX Financial Pty Ltd (SFA), a subsidiary of StoneX Group Inc. (NASDAQ: SNEX), today announced that it has received approval from the Financial Markets Authority (FMA) in New Zealand to offer milk price risk management solutions to retail industry participants in the country. This licence enables StoneX to provide dairy farmers with tools to help them manage their exposure to milk price volatility and improve income certainty. A key focus of the initiative is to expand access to risk management tools for sharemilkers, a segment that has historically faced limited access to hedging solutions despite often being among the most financially exposed participants in the dairy supply chain. Liam Fenton, Global Head of Dairy & Food Group, StoneX, commented: "New Zealand's dairy industry plays a vital role in global agricultural markets, yet many producers remain highly exposed to milk price volatility. This licence allows StoneX to bring proven risk management expertise directly to dairy farmers and provide solutions that help them manage uncertainty with greater confidence. Our objective is to make sophisticated risk management more accessible, practical, and relevant for producers, allowing them to focus on running and growing their businesses while better managing fluctuations in milk prices. We would also like to acknowledge New Zealand's Financial Markets Authority's professionalism, efficiency, and timeliness throughout the application process." As the global commodity environment becomes increasingly dynamic, this licence marks a significant expansion of agricultural hedging capabilities offered by StoneX, reinforcing its commitment to supporting one of the world's most important dairy-producing markets. Matt Manning, Vice President of Commodity Derivatives, StoneX, expanded: "Market volatility is an ongoing reality for dairy producers, particularly sharemilkers, who are a critical part of New Zealand's dairy industry but are often among the most exposed to fluctuations in milk prices. By providing farmers with access to a broader range of practical risk management tools, we are helping to strengthen business resilience, support more effective financial planning, and enable greater confidence in investments across the sector. These capabilities are important for the long-term sustainability and growth of New Zealand's dairy industry. StoneX's user-friendly platform also brings a more accessible and innovative model for dairy risk management to the New Zealand dairy market." To support adoption across the sector, StoneX has developed a dedicated digital platform that simplifies the hedging process and makes risk management more accessible to farmers. The platform, available on mobile and desktop, is designed to present product features, pricing, and risk management tools in a clear and intuitive manner, helping producers make informed decisions aligned to their individual business needs. This expansion further strengthens StoneX's position as a leading global provider of commodities, risk management, and financial services solutions, supporting clients across agriculture, energy, foreign exchange, derivatives, and payments markets worldwide. About StoneX Group Inc. StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders, and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high-touch service, and deep expertise. The company strives to be its clients' trusted partner, providing its network, products, and services to help them pursue business opportunities, manage market risks, make informed investment decisions, and improve their business performance. A Fortune 50 company headquartered in New York City and listed on the Nasdaq Global Select Market (NASDAQ: SNEX), StoneX Group Inc. and its more than 5,400+ employees serve over 80,000+ commercial, institutional, and payments clients, as well as more than 260,000 retail accounts, across more than 80 offices on six continents. Further information is available at www.stonex.com.

Homerun raises funds amid efforts to advance a US$400 million project in Brazil. Bnamericas Published: Thursday, August 20, 2026 The Canadian company Homerun Resources is securing financing to provide short-term breathing room as it seeks to move forward with a project of approximately US$400 million in the Brazilian state of Bahia. The company is seeking to raise a total of 13,000,000 Canadian dollars (US$9.4 million), having already raised a first tranche of C$2 million from Lind Global Fund III, LP, through a convertible debt into shares transaction. This convertible security was made available under a contract with The Benchmark Company, LLC, a subsidiary of StoneX Group, under which Benchmark acted as exclusive placement agent. In connection with this financing and with the company's broader capital markets strategy, Homerun entered into a non-exclusive financial advisory relationship with StoneX. StoneX will assist the company in evaluating and seeking strategic financing alternatives, supporting Homerun's long-term goal of eventually pursuing a listing on a senior U.S. exchange. "This financing and the investment bank partnerships with Benchmark and StoneX provide Homerun with short-term working capital, preserving flexibility as we advance discussions on larger-scale strategic and institutional financing initiatives. We see this as a bridge to broader financing opportunities that support our long-term growth objectives and our listing plans, while at the same time seeking to manage dilution for our current shareholder base", said Brian Leeners, Homerun's chief executive officer, in a statement. Homerun Resources owns a project of approximately US$400 million in the state of Bahia, focused on the exploration and processing of high-purity silica sand for the production of solar glass for the renewable energy sector. The company's main asset in Brazil is the Solar Glass Project in Santa Maria Eterna, which foresees the production of high-efficiency solar glass from high-purity, low-iron silica resources found in Bahia. In parallel, the company signed a memorandum of understanding with Cebrace Cristal Plano Ltda, Brazil's largest float glass manufacturer, to evaluate a strategic commercial partnership that would support the development of Homerun's solar glass factory in Bahia. Cebrace is a joint venture between Saint-Gobain and NSG Group, two of the largest float glass manufacturers in the world, and has been at the forefront of the glass industry in Brazil for more than four decades. The memorandum establishes an exclusive framework for both companies to jointly assess a potential commercial relationship, in which Cebrace would supply back glass for solar modules to be integrated into Homerun's solar solutions. (The original version of this content was written in Portuguese) Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.