StoneX to Acquire US Clearing Broker RJ O’Brien

StoneX is set to acquire the global businesses of US clearing broker RJ O’Brien & Associates (RJO). According to a story in The Trade news, the merger is expected to be completed in Q3 2025 and marks an important step for StoneX as it seeks to provide greater access to liquidity in fixed income markets.  StoneX is set to add over 75,000 of RJO’s client accounts following the acquisition, including brokers, commercial and institutional clients and individual investors, who will be given access to a wide range of markets, products and services such as StoneX’s over the counter (OTC) hedging platform.  The move is also set to expand StoneX’s client float by almost $6 billion, with clear listed derivatives volume projected to increase by 190 million contracts annually.