StoneX Expands into Asia with New Fixed Income Desk

StoneX has launched its institutional credit offering in Asia, expanding the global debt capabilities of its fixed income group into the Asia-Pacific (APAC) region, according to a story in The Trade news. The US-based brokerage has established a fixed income sales and trading desk in Singapore, with plans to expand into Australia and Hong Kong – building on the firm’s practice of leveraging local expertise across over 40 offices globally. StoneX’s Asia-based desk will provide clients in the APAC region with trading and execution advisory services and cross-border facilitation across the entire credit spectrum. StoneX’s global fixed income team has product expertise ranging from emerging markets, investment-grade, high yield, and distressed situations, and its new in Singapore-based desk will allow the firm to fully leverage its global distribution network while also serving clients on a 24-hour basis.